Any company which,
as part of its operation, transports objects to or from its
base, or between any other points, is likely to consider acquiring
one or more vans. Usually a van is a vehicle comprising a cabin
at the front for the driver and a passenger, and a larger enclosed
space behind for the physical movement of goods.
Like any motor vehicle,
a van may be purchased outright or through a staggered finance
arrangement. Although van finance obviously incurs interest
it might be advantageous for a small company in particular to
opt for the finance route in order to steady cash flow. If costly
assets such as commercial vehicles are purchased outright before
the company has had a chance to generate much income it could
have the effect of fatally inhibiting its ability to do so.
The other big advantage
with taking out van finance is that finance leasing is considered
to be a hire agreement, even where the option exists to take
ownership of the van at the end of the lease period, and is
therefore entirely tax deductible. Sole traders and small businesses
in general can enjoy massive tax benefits whilst not having
to commit to a heavy frontloaded outlay.
It is for
these reasons primarily that van finance is the preferred option
of many small to medium sized businesses and especially in the
early stages when resources are in short supply and ideally
needed elsewhere within the operation.
a variety of van finance options online at the above van finance
quote comparison sites and get the best van finance deal for
you today. Whilst you are looking to finance your van, you may
also wish to look at a cheap
van insurance quote by clicking here.