What finance options are avilable for businesses?
• Business Purchase Sometimes known as Lease Purchase, this product is based on the traditional form of financing, Hire Purchase. You pay an initial sum in advance then pay for your vehicle over a pre-agreed period in fixed monthly instalments. To reduce the monthly payment, you can defer a proportion of the purchase price to the end of the agreement. This amount is known as the final (balloon) payment. • Business Leasing Often referred to as Finance Lease, this product means you share in the risks and rewards of ownership. You make an initial payment, then pay a fixed number of rentals over the remaining period of the agreement, this amount is known as the final (balloon) payment. To reduce the monthly payment you can defer a lump sum to the end of the agreement. At the end of the agreement you can either sell the vehicle on behalf of Nissan Finance and receive a share of the sales proceeds (called a rental rebate) or you can extend the agreement into a secondary period of rental for
