Choosing the right equipment for your business is easy with Manitou. To assist you further we can also offer you a range of straightforward, affordable finance solutions.
Using MANITOU finance has clear advantages. Through a unique relationship MANTOU finance and A T Best Handlers will work with you to develop a finance package to suit your business.
A Hire Purchase agreement allows you to become the owner of your Manitou at the end of the contract (subject to exercising the purchase option included in your contract). This method of financing can be flexible to your operating requirements and cashflow (e.g. seasonality of income) as well as allowing the business to claim writing down allowances.
A finance lease provides you with use of your Manitou without ultimate ownership. At the end of the contract you have two attractive options: continue to use the asset making only nominal rental payments, or sell the unit as an agent of MANITOU Finance and receive a proportion of the sale proceeds. An additional benefit is that VAT is payable on the individual rentals (not up front as HP) and these rentals are 100% allowable against tax in most cases.
On a Hire Agreement, the contract only covers use of your Manitou but, unlike other finance methods, there is no worry about re-selling the equipment or managing capital assets. A fixed term for use is agreed up front, with repair and maintenance also able to be included. This enables easy budgeting through fixed costs determined for the duration of the contract.
To discuss your finance requirements further please contact Richard Rose on 01236 607077.