A guide to business contract hire
Business Contract Hire is a credit agreement between any trading business (sole trader, LLP, Ltd or PLC) and a finance company. The finance company owns the vehicle, and the lessee is essentially paying for the use of the car over a fixed period of time, with no ownership implications.
What’s included in business contract hire?
- Road tax paid throughout the contract.
- Tailored contract, term and mileage.
- Tailored payment plans according to your needs.
- The option to bolt-on additional services to suit your fleet – such as maintenance.
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