We can offer various finance packages including Hire Purchase, Finance Lease and Contract Hire, regardless of your credit history, both for private individuals and businesses alike. We have helped many people gain finance at highly competitive rates as well as finance for customers who are self employed or have CCJ´S, defaults and no credit histories. Although we do not claim to finance all cases, our success rate is extremely high. We work closely with many vehicle and caravan dealers, so if your still looking for the ideal purchase, we´ll be happy to help you look. Need something financing that´s not on this site? No problem, just give us a call and if we can´t help you, we´ll certainly point you in the right direction.
- Motor Finance.
- Caravans & holiday homes.
- and much more...
Please see the sections below to answer any questions that you have about the services & offers that Absolute finance supplies. If you have any other questions please use the contact us page to get in contact with the staff at Absolute credit who will answer any queries you have as quickly as possible.
What is it?
Offers a fixed cost, fixed period, cash flow efficient method of funding a vehicle. These schemes are designed to offer you lower monthly payments without the need for large deposits or long payment periods. So how does it compare to standard finance options?
- It reduces monthly payments
- Off balance sheet accounting.
- You can plan your budget ahead due to lower fixed costs
- Known depreciation costs.
- It can be taken with or without maintenance.
Is this only available on new vehicles?
No, Contract Hire is designed for new and low mileage qualifying used vehicles. Subject only to mileage and condition/clause
What extras can I have?
All normal manufacturers accessories are available for your car. We can provide you with a quotation identifying the additional monthly cost.
What happens if I exceed the mileage?
Agreed present excess mileage charges will apply based upon a pence per mile formula.
What happens at the end of the contract?
You return the vehicle and provided it has not exceeded the agreed mileage and is in good condition, you pay no more and your obligation is ended.
What happens if the vehicle is damaged?
It should be repaired under your insurance policy, as the guaranteed residual value is dependent on the vehicle being returned in good condition. In addition, you should be aware that all vehicles must be maintained according to the manufacturers recommended service schedules.
What other costs are involved?
- An acceptance fee, which is added to the first monthly payment
- All payments are subject to VAT at current rate
- Maintenance and relief vehicle options are available at no extra cost.
Is this only available on new vehicles?
No Hire Purchase is designed for new and low mileage qualifying used vehicles, provided that at the end of the contract the vehicle is less than 5 years old with no limitation on mileage.
What extras can I have?
All normal manufacturers accessories are available for your car. We can provide you with a quotation identifying the additional monthly cost.
What happens if I exceed the mileage?
There are no mileage limitations on this type of plan.
What happens at the end of the contract?
- The vehicle is yours
- You can part exchange the vehicle with the deposit for your new vehicle being deducted from the proceeds.
What other costs are involved?
- An acceptance fee, which is added to the first monthly payment.
- An option to purchase fee payable at the end of the Agreement.
What is it?
Offers monthly payments tailored to your driving requirements. These schemes are designed to offer you lower monthly payments without the need for large deposits or long repayment periods. You only repay a proportion of the purchase price each month with the remainder becoming due as a final payment.
So how does it compare to standard finance options?
- It reduces monthly payments
- The plan is designed to help you change your car regularly.
- You can plan your budget ahead due to lower fixed costs.
- The final price at the end of the agreement is guaranteed.
Is this only available on new vehicles?
No the scheme is designed for new and low mileage used cars, provided that at the end of the contract the vehicle is less than 3 years old and has a maximum mileage of 45,000 miles
What extras can I have?
All normal manufacturers accessories are available for our car. We can provide you with a quotation identifying the additional monthly cost.
What happens if I exceed the mileage?
If you part exchange or keep the car, absolutely nothing. However, if you return the vehicle with additional mileage, a charge is made per additional mile.
What Assets can you fund?
We can fund various assets ranging from cars to planes! Other assets we regularly provide funding for are Stock, Plant, Machinery, Fittings and I.T equipment.
Does the equipment have to be new?
No, used equipment can be funded as long as it is good working order, although the age of the equipment may limit the term allowed on your contract.
How long can I lease the equipment?
Agreements can be spread over equal monthly payments, between 12 months and 7 years, although there are exceptional cases from time to time.
Who is responsible for insuring the asset?
The leasse (you) are responsible for insuring all goods financed.
I´m a New business, does that rule me out?
Absolutely not! We can offer various packages, as the finance is secured against the assets.