GC offers a range of Purchase facilities which provide, the advantages of asset finance whilst conferring ultimate ownership.

There can be a variety of reasons why a business may want to become owner of the assets it is using. For example, the company could benefit from an immediate entitlement to Writing Down Allowances, which might be attractive to those seeking to reduce tax liability in the short term.

Because Purchase Plans offer ultimate ownership, these facilities are better utilised for the acquisition of assets which are expected to hold their value over the term of the finance agreement. In such cases, customers may be in a position to realise a profit when the asset is eventually sold. With IT, rapid obsolescence is a fact of life and for this specific reason many companies prefer to enter into lease or rental plans and transfer the burden of ownership to the finance company.

If you would like further information, please send an e-mail or call us directly on 020 8255 5505.