海角社区app

海角社区app

Mon September 23 2024

Related Information

海角社区app Finance opens £60m credit line

11 Nov 14 海角社区app Finance has launched a £60m fund to support ‘buy now pay later’ construction machinery purchases.

Buy now, pay later
Buy now, pay later

The credit terms are on offer until the end of next month.

海角社区app Finance managing director Paul Jennings said: 鈥淭he months of December and January are traditionally quiet months for many of our customers, when income can be lower but the usual bills still have to be paid.鈥

鈥淥ur new 鈥榖uy now pay later鈥 scheme for machines delivered by 31st December 2014 will help reduce our customers鈥 bills and improve their cash flow as payments only need to start in March 2015. With 拢60m available under this scheme it is an opportunity not to be missed.鈥

Mr Jennings also pointed out that customers selecting a hire purchase facility could still be eligible to take advantage of the government鈥檚 拢500,000 annual investment allowance (AIA) scheme. For every 拢1 spent on plant and machinery there is the potential to save 拢1 in taxable profits.

Mr Jennings said: 鈥淭his is the equivalent of a 20% to 45% discount depending on the business鈥 rate of tax. What better way to invest in plant and machinery than with a great tax and cash flow advantage courtesy of the government and 海角社区app Finance."

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view latest construction news »