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Finance for end-users

Keeping your equipment and machinery up to date is essential to staying competitive in today’s ever evolving market. Through our trusted network of dealer and vendor partners, we offer flexible finance solutions designed to help you invest in the assets your business needs.

Whether you’re upgrading to more efficient equipment, expanding your operations, or supporting your sustainability goals, financing can make these investments more accessible without putting pressure on your cash flow. When you choose finance through one of our partners, you benefit from a straightforward process, quick access to funds, and repayment options tailored to your business.

We work closely with our dealer and vendor partners to understand your needs and provide solutions that make important purchases more manageable and cost-effective—so you can focus on growing your business with confidence.

Why use finance

  • Affordability – Enables investment in multiple assets simultaneously.
  • Choice and flexibility – Purchase the equipment you need, rather than being limited by cash budgets.
  • Improved cash flow – Helps manage day-to-day finances more efficiently.
  • Simplified budgeting and forecasting – Makes financial planning easier and more predictable.
  • Preserves working capital – Frees up funds for investment in core business areas.
  • Flexible payment terms – Can be tailored to usage, income, or seasonal revenue streams.
  • Additional line of credit – Access financing without affecting existing bank lines.
  • “Pay as you use” – Spread payments over time, generating income to help fund new equipment or machinery.

Our finance options

If your business is a limited company or a corporate body, our flexible finance options below could be just what you’re looking for to finance the equipment you need.  

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Hire Purchase:

For businesses wanting to pay for equipment over time and then take ownership at the end of the agreement term.

The most common type of asset or equipment financing is hire purchase. It allows you to ‘hire’ the asset in return for regular rental payments. ‘Ownership’ passes to you once the final repayment is made along with an ‘Option to Purchase’ fee. It’s a quick and easy way to ‘own’ a crane or dumper truck for example, without having to pay the full amount upfront and in one go. 

Features and Benefits

  • Payment structure and rentals are agreed at the outset so you can accurately plan for your expenditure, they can even vary to match any seasonal income/cashflow
  • On balance sheet financing – a you will own the equipment at the end of the finance term
  • A minimum deposit of 10% and the full VAT are both due on signing (rentals do not carry VAT) helping to reduce the initial outlay
  • Typical term: 1–7 years, you decide how long you need to hire the equipment or machinery to bring added value to your business
  • Rentals can be monthly or quarterly in advance or arrears; you choose which suits you best
  • You are responsible for all asset maintenance and insurance costs

 

End of Term Options

  • Option to Purchase for a nominal fee
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Leasing:

For business wanting to use the equipment for an agreement length of time without wanting to take ownership at the end of the agreement.

Finance lease – an agreement allowing you to ‘use’ the equipment, for example an excavator, for an agreed term in return for regular rental payments. Ownership passes to you once the residual value is paid along with all rental payments during the lease term. You also have the option to extend the agreement and run the residual value lower or you can renew the equipment or machinery with a newer model.

 

Features and Benefits

  • Financing for up to 100% of the purchase price
  • VAT is payable on each rental, not on the purchase price of the equipment so there is no upfront cost
  • Off balance sheet financing agreement as you are paying for its use
  • Residual Value is agreed at the outset so there are no hidden costs at the end of the agreement, and it helps with your budgeting
  • Payment structure and rentals are agreed at the outset so you know exactly when and how much your expenditure will be, they can even vary to match any seasonal income/cashflow
  • Typical term: 1-7 years, you decide for how long you need to ‘use’ the equipment for
  • Rentals can be monthly or quarterly in advance or arrears, you choose which suits you best
  • You are responsible for all asset maintenance and insurance costs

 

End of Term Options

  • Extend – once the agreement has ended, you have the option to extend the agreement which run the residual value lower

  • Redeem – when all the rentals have been paid you can redeem your machine for the agreed residual value

  • Renew – for example if you leased an excavator, you could use that as a trade-in against a new model so that you maintain your competitive edge with the latest technology and features

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Operational lease:

An agreement allowing customers to ‘use’ the asset for an agreed term in return for regular rental payments. Rental payments are calculated assuming a ‘Residual Value’ at the end of the finance term, thereby lowering the rental payments

Features and Benefits

  • VAT is payable on the rentals, not on the purchase price of the asset
  • ‘On balance sheet’ financing agreement depending on accounting standards followed
  • Payment structure agreed at the outset for easy budgeting
  • Repayments can be match to cash-flow and/or income stream
  • Customer is responsible for all asset maintenance and insurance costs
  • Typical term: 1-7 years
  • Rental: monthly or quarterly in advance or arrears
  • Deposit: n/a
  • You are responsible for all asset maintenance and insurance costs

End of Term Options

  • Return – once the agreement has ended, the asset will be returned to the Lessor
  • Retain – pay secondary rentals for continued use of the asset

Ownership of the equipment does not pass to you at the end of the lease term

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Contract hire:

For business wanting to incorporate all service and maintenance costs in with the monthly cost of leasing the equipment.

An agreement allowing you the ‘use’ the asset for an agreed term in return for regular rental payments. Rental payments may include any servicing and/or maintenance costs due during the agreement period. The pricing is based on a Residual Value (RV) of the asset, set by the Dealer who guarantees to buy back the asset for the pre agreed price at the end of the agreement term. 

Features and Benefits

  • VAT is payable on the rentals, not on the purchase price of the asset
  • Payment structure agreed at the outset for easy budgeting
  • Repayments can be matched to cash-flow and/or income stream
  • Off balance sheet financing
  • Servicing and/or maintenance costs can be included in the rental payment
  • Contract Hire assumes a maximum number of hours usage or mileage per year. At the end of the agreement term any excess hours/mileage may be charged to you
  • You is responsible for all asset maintenance (if not included in the contract) and insurance costs
  • Typical term: 1-7 years
  • Rental: monthly in advance or arrears
  • Deposit: n/a

End of Term Options

  • Return – once the agreement has ended, the asset is returned to the Lessor/Dealer
    Title passes to Dealer once RV buyback has been paid
  • Retain – pay secondary rentals for continued use of the asset
  • Ownership of the equipment/asset does not pass to you at the end of the lease term

Ownership of the equipment does not pass to you at the end of the lease term

Product comparison

 

Features Hire Purchase Finance Lease Operating Lease Contract Hire
Funding for new and used assets P P P P
Negotiable agreement period
Up to 7 years		 P P P P
Repayments structured to meet cash flow/income P P P P
Ownership at End of Term Yes, with 
Option to Purchase fee		 No No No
VAT due Upfront on signing On each rental On each rental On each rental
Capital Allowance claimable P O O O
Removes risk of asset depreciation O P P P
Avoids asset disposal process O P P P

* Product availability and terms may vary by country. Finance is for business purposes only, for limited companies and corporate customers only. Finance subject to credit underwriting and approval. Terms and conditions apply.

Get in touch

For all enquiries related to the European Division, please complete the form below.

For all business generated through the Novuna brands including Consumer Finance, Personal Finance, Vehicle Solutions, Business Finance and Business Cash Flow, please visit the Contact Us page on the Novuna website.

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