R&J Machinery provide finance options to assist in payment for our machinery. Please contact us for more detailed information on each method.

Hire Purchase

A straightforward repayment facility where you ultimately own the asset. Repayments can be structured in a flexible way using initial payments and/or a 'balloon' (final lump sum). With this finance you commonly pay a deposit (e.g. 10 percent of the value of the machine), and all the VAT in advance, then pay a net monthly amount for the agreed time period.

Lease

A popular, flexible method of funding machinery. Our Lease offers all the practical benefits of ownership without any of the potential burdens. Using this method of payment the VAT is paid monthly, and there is no deposit to find. Also, if you are trading profitably, you can offset the monthly costs against profits to reduce tax payable, thus making the machinery self funding.

Particularly effective for specialised, and higher value machinery. A residual value to reduce the rentals is built in, thus helping cash flow and making 'off-balance sheet' funding possible.