PO Box 3185, Crane Moor, Sheffield, South Yorkshire, S35 7WZ  (Show me directions) Show Map

0114 28...Landline    Landline   

0114 28...Fax    0114 283 0844   

Email   

Website   

lincolnfinancelimited  

Profile

Lincoln Finance

Lincoln Finance are an Independant Finance Brokerage that specialises in tailoring Asset Finance Solutions to business.


Our independent status means we are able to offer a wide variety of funding methods and are not constrained by the underwriting criteria of one specific lender.


Over the past two decades, we have developed a specialist knowledge and understanding of UK industry and can assure our clients receive professional advise, a comprehensive service and highly competitive interest rates.


Our aim is to develop close, confidential relationships with each of our clients.
This way we are able to co-ordinate the time consuming activity of organising asset finance by understanding our clients and only then deciding on the most appropriate funding requirements for their current and future needs.

Hire Purchase & Lease Purchase

Hire purchase is a well established method of financing the purchase of assets.

Under a hire purchase agreement the hirer will pay an initial deposit, with the remainder of the balance and interest paid over a defined period of time.

Any VAT on the asset is usually paid together with the deposit.

The hirer is normally entitled to recover any VAT and the "capital allowances" on the asset.

The lender owns the asset until the final installment has been paid at which point 'title' passes to the hirer.

Finance Lease

Leasing is a VAT-beneficial option where the hirer can choose to pay for the entire cost of the asset over an agreed period.

The lender claims the 'capital allowances' on the asset.
This usually allows the hirer to offset 100% of the rentals against taxable income in addition to the VAT reclaimable on each rental.

The hirer does not normally take ownership of the asset once the final rental has been paid, but will normally have an option to continue renting the asset over an extended period.

Under a finance lease the asset is still entered as a capital item on the hirer's balance sheet.......Set out above is just a taste of the services we can offer....for further information please visit our website, or call on 01142-830805 or 07717-858888.

Media

Photo 1