SOLVfinance specialises in the acquisition and funding of cars and vans. As part of a national vehicle purchasing group we can purchase any make or model at extremely competitive prices. Any savings made can be passed on via the various finance products, such as Contract Hire, Contract Purchase, Hire Purchase, Lease Purchase, Finance Lease or Personal Contract Hire or Personal Contract Purchase.

Neva Devon is a trading style of SOLVfinance Ltd and all of our current special offers can be viewed on www.nevadevon.co.uk

Contract Hire offers financial as well as administrative benefits. Improves cash flow, aids budgeting            and accelerates Corporation Tax allowances. Vehicle disposal issues are eliminated and vehicle
administration is reduced. Some vat reclamation is also allowed.

Contract Purchase gives the same operational and manageria advantages as Contract Hire together with the tax efficient benefits of ownership such as claiming capital allowances. Option to purchase at contract expiry for a price advised at outset of agreement. 
        
Hire Purchase/Lease Purchase is a traditional method that ultimately allows the ownership of a vehicle when all repayments have been made.

Lease Purchase reduces the monthly cost by deferring part of the amount amount financed to the end of the agreement often called a balloon payment or residual. HP and LP monthly repayments do not attract VAT.

Finance Lease has similar vat and Corporation benefits to Contract Hire however any residual risk is the responsibility of the lessee. Rentals can usually be offset against taxable profit.

Vehicle acquisition is a complex area and SOLVfinance can guide you through the benefits and potential pitfalls of each of the above products.

Please email: corporate@solvfinance.com