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Contract hire
 
Finance Packages:

Contract Purchase
Fixed Rate Hire Purchase
VIP Standard
VIP Flexibuy
Variable Rate HP
Flexibuy
Finance Lease
Operating Lease
Contract Hire
JCB Contract Plan


Asset Management

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  Contract Hire


Contract Hire
can represent the ultimate risk free method of acquiring, running and maintaining plant, putting a ceiling on your costs and releasing additional capital to invest in your business. The administrative burden and financial risk of predicting the running costs of your plant for the period of the contract is completely removed.

Contract Hire is the name usually given to an Operating Lease that is combined with service, repair and maintenance agreements. JCB Contract Plan is a Contract Hire package that is more than just a fixed cost acquisition and disposal service, it is an all encompassing package that can cover the entire spectrum of plant operations. Servicing, mechanical repairs, breakdowns, insurance and even relief machines become one agreed budgetary expense. All the other tax and accounting benefits of Contract Hire mirror those of an Operating Lease.


Benefits

  • Low fixed repayments.
     

  • Tax efficient.
     

  • Preserves working capital reserves.
     

  • Removes residual value risks.
     

  • Low capital outlay.
     

  • Spreads the impact of VAT which is collected on each rental as it falls due
     

  • Off balance sheet funding.
     

  • Service, repair and maintenance contracts included to offer peace of mind.

  View current Special Offers available from JCB Finance

 

 

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