We help to take the risk on what value is still in your machine at the end of the contract.
SPREAD THE COST
Now we’ve helped you find your perfect Tractor, Mower or Machine.
We can help you take the next steps to get your wheels or blades turning: because of our brand quality and thoroughness in preparation, new or used equipment from RT Machinery can normally be financed or hired to help spread the cost.
Benefits of Asset Finance
Short, Medium and Long-term Hire, or Purchase.
This could be through:
- Our own simple Hire to Buy arrangements with a common sense approach to long term hire
- Purchase plan with hire purchase
- Hire with lease
- Contract Hire (operating lease)
With Contract Hire, fixed payments at reduced levels with or without servicing of the machinery can make equipment affordable over a predetermined operating period.
Hire, Hire Purchase, Lease or Contract Hire: they all have their benefits, so you should choose whichever option suits your business and needs best.
We do recommend that you should discuss this independently too and make sure you get sound advice from your accountant, company financial controller or even bank manager. They will all be pleased to help and give you options.
It’s important also to consider that you may be responsible for any maintenance or repairs due on your asset at end of term and through its life.
Always check the fine print and make sure you have had good advice and you’re not getting locked into a low annual working hours contract as these can be highly costly at the back end. Not only do they incur additional charges for extra hours of use, but there may be additional servicing costs incurred too.
Off-hire charges also need clarifying at the front end as replacing bent panels, worn blades and tyres can all be very costly at end of a term, especially if you haven’t budgeted for them.
It goes without saying that a fully encompassing insurance to cover all risks should always be taken out or put in place to cover your risk and the value of the asset.
Again seek sound advice and a professional representative to talk you through these pitfalls and loopholes or better still talk to one of our managers to get their help and assistance.
Contact us or see contract terms for more details.
Hire Purchase or Lease
A simple finance solution if you’re looking to buy and own your business vehicle or machine.
Why Choose Hire Purchase?
Hire purchase (or lease purchase) lets you spread the purchase cost of an asset over a longer period with fixed regular payments. It can be designed to suit your business and we offer flexibility on the cost of your deposit, fixed payments, and the final lump sum.
Read more 1. You find the machine that suits your needs from our comprehensive range 2. Pay an initial deposit and follow up with equal monthly payments 3. You own the vehicle after the final payment is made
1. You find the machine that suits your needs from our comprehensive range
2. Pay an initial deposit and follow up with equal monthly payments
3. You own the vehicle after the final payment is made
In some instances, you can choose to reduce your monthly payments by paying a larger sum at the end (known as a Balloon Payment).
Reduce Tax Payments
Writing down allowances and capital grants may be claimable on your agreement. You may also be able to offset repayment interest against your profits and reclaim VAT (rules apply).
Stay in Control
Your business may be able to offset the interest charges against trading profit.
Commercial Finance contact is offered through regulated commercial agricultural or commercial banks and finance company’s and is normally available to UK businesses, established Sole Trader businesses, Established Clubs, Associations, Estates, Charities, Schools or regular RT Machinery clients. Security may be required and Guarantees and indemnities may be required and finance is offered subject to status.
Why Choose RT Machinery?
Securing a machine using asset finance.
It’s important that we have freedom of choice across leading finance companies and banks. Our independence means we can help you choose wisely.
Read more We don’t sell on or broker finance for a commission or a kickback, it’s just not for us. Although we could, we leave that to others and we focus on just working with your bank or preferred commercial finance companies that are strictly regulated and controlled on those processes. We are of course an FCA registered business because that’s important even if we don’t make a penny out of the finance.
We don’t sell on or broker finance for a commission or a kickback, it’s just not for us. Although we could, we leave that to others and we focus on just working with your bank or preferred commercial finance companies that are strictly regulated and controlled on those processes.
We are of course an FCA registered business because that’s important even if we don’t make a penny out of the finance.
If the best funding solution is the one offered by your provider or bank, or elsewhere we’ll tell you.
We will always act as a trusted partner, answering your questions and focusing on your best interests.
We will always deal promptly with any processing arrangements for you, without compromising your decision-making process.
We endeavour to deliver a dependable service to you, regardless of the funding level you require.
Most importantly we make sure we help you select the right gear for the job.