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Cartwright Finance, our joint venture company with the Bank of Scotland, has the expertise and experience to make financing your fleet one of the easiest and shrewdest business decisions you'll ever make.
Cartwright Finance numbers amongst its customers some of the biggest names in transport and logistics - as well as some of the smallest. Many blue chip companies have discovered that Cartwright Finance is a competitive option coupled with the simplicity of dealing direct with the manufacturer.
So whether it’s operating lease, hire purchase or contract hire, Cartwright Finance can offer you the best value solution. Essentially you have four basic choices:
- Operating Lease
- Contract Hire
- Hire and Lease Purchase
- Finance Lease
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Operating Lease
With fixed cost control, no depreciation risks and no problematic trailer or vehicle disposal to worry about, a Cartwright Finance Operating Lease could easily be the solution you’re looking for, providing all the benefits of ownership together with the attraction of low rentals.
It minimises cash outflow from your business and can be categorised as 'off balance sheet', thereby improving gearing ratios. You have use of the trailer or vehicle for an agreed period, simply returning it at the due time. Rental charges are tax deductible and take into account the value of the trailer at the end of the hire period, helping to keep costs low.
Contract Hire
Cartwright Finance Contract Hire can provide you with the complete answer. Basically an extension of an Operating Lease, Contract Hire adds a range of options, including maintenance and spare trailer provision, for total peace of mind.
Hire & Lease Purchase
This allows you to show the trailer as an asset on your balance sheet and claim ‘writing down’ allowances. As an added bonus, interest costs within the rental charges are tax deductible. Ownership transfers to you on payment of the final 'option to purchase fee'. You get the benefits of ownership with the cash flow advantages of hire purchase.
Finance Lease
Rental charges cover the whole cost of the trailer over an agreed period, at the end of which, you can continue to use at a 'nominal annual rental’ or receive a 95% rebate of the disposal sale proceeds. Rentals are fully tax deductible and you benefit from a low initial outlay and regular planned payments.
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