| Key Advantages: |
| 1. |
CHP provides affordable fixed installments over a term for organisations wanting
ownership of equipment. |
| 2. |
CHP conserves working capital, allowing organisations to invest in business
development rather than tying it to fixed assets. |
| 3. |
CHP allows business to obtain equipment not anticipated when completing
Capital Expenditure Budgets. |
| 4. |
CHP is an additional source of credit (usually unsecured), thus freeing up other
lines of credit (bank or otherwise). |
| 5. |
Budget stability. Fixed monthly payments allows for more accurate expense
forecasting, as well as hedging against inflation. |
| 6. |
Depreciation and interest may be claimed as a tax deduction based on the extent
to which the asset financed is used for business purposes. |
| 7. |
Fast and easy finance approval. |
| 8. |
CHP payment options are tailored to suit the cash flow requirements of a
business and ensure budget stability using fixed monthly, quarterly, half-yearly
or yearly payments. Alternatively, step payments may be lower or higher in the
beginning and increase/decrease over the term (including balloon payments). |
| 9. |
Master Commercial Hire Purchase have all the above benefits plus provides a
facility to upgrade or add additional equipment (within a prescribed credit limit)
with ease, using single page schedules, subject to the terms and conditions of
the Master Commercial Hire Purchase. |
