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Contract HireBusiness Contract Hire

Are you considering buying a new vehicle for your company? Business contract hire is by far one of the most popular choices because it is cost effective and easy to manage.

A fixed term and fixed repayment contract, with or without maintenance allowing you the full use of the vehicle without the worry or risk on disposal. For the duration of the agreement your business takes control of the vehicle and return it to the contract hire company at the end of the contract.

The benefits:-

  • Preserves cashflow - offers the obvious cashflow benefits of paying in instalments and the fixed repayments assist with your budgeting.
  • Flexible contract hire terms to meet your requirements with variable duration and mileage terms available.
  • Contract hire repayments can include the provision of maintenance, a relief vehicle, emergency cover, road fund license, and vehicle collection and disposal.

Contract hire also removes depreciating assets from the balance sheet and the associated risks of owning vehicles. All you need to take care of is filling the tank and your insurance.

If fixed cost motoring is something which your business requires, then contract hire might be the answer for your business needs. Business contract hire will allow you to update your fleet regularly with new vehicles as well as being able to adjust fleet size if your business expands or downsizes.

At Davies Finance we can source a wide range of business contract hire solutions and can tailor our financial products to your specific business needs. From Birmingham to Liverpool, Warrington to Crewe and Stoke on Trent to Manchester, we offer complete finance solutions throughout the UK.