Financing equipment, a vehicle or machinery for your company? Enter the asset cost, deposit, term and rate (with an optional balloon or residual payment) to see an indicative monthly rental and total cost, whether you're comparing hire purchase or a finance lease.
A final lump sum due at the end of the term, common on lease agreements and some HP deals. Leave at 0 if there isn't one.
Hire purchase: you're treated as owning the asset from day one, so it can usually qualify for the Annual Investment Allowance, full expensing, or the 40% first-year allowance. A finance lease instead lets you deduct the rentals as they fall due. Indicative estimate only, not a finance quote or tax advice.