TOWMATE Trailer Financing | Get Your Trailer Fleet on Finance

The Benefits of Financing A TOWMATE Trailer

TOWMATE have now partnered with a finance provider, to provide you with the option to lease a new TOWMATE Trailer, either as a singular trailer or part of a larger fleet.

By choosing to finance our products, you will be able to enjoy some fantastic benefits:

  • Keep cash flow within the business.
  • Get the TOWMATE trailer you want when you need it, not just when budgets allow.
  • Enjoy 100% tax relief rentals payable.
  • Pay monthly or quarterly payments over a chosen period of time rather than handing over one large lump sum.
  • Keep up with the latest technology by upgrading the equipment at any time throughout the lease period.
  • Structure your lease payments to suit your budgetary needs and allowances.
  • Protect your existing credit lines by using leasing as an alternative funding facility.

So how does leasing compare to cash purchase?

Lease vs Buy Example

Assumptions

Equipment Cost: £2,000

Lease Period: 3 Years

Frequency: Monthly

Company’s Tax Rate: 19%

 

Cash Purchase

Year

Capital Allowance Tax Relief

1

18% of £2,000 = £360.00 Less 19% = £68.40

2

18% of £1,640 = £295.20 Less 19% = £56.09
3 18% of £1,344.80 = £242.06

Less 19% = £45.99

Total tax relief:       £ 170.48

 

Lease Rental

Year

Capital Allowance Tax Relief

1

12 rentals of £66.20 Less 19% = £150.94

2

12 rentals of £66.20 Less 19% = £150.94
3 12 rentals of £66.20

Less 19% = £150.94

 Total tax relief:  £ 452.81

 

T&C’s

*Subject to credit approval and Anti Money Laundering checks

*Payment terms are shown in the example based on established businesses trading over 3 years.

*Corporation tax rate has been assumed and we advise you speak to your accountants for your specific tax rate.

*TOWMATE does not offer the financing themselves, this would be through Tower Leasing.

If you are looking to get TOWMATE trailer Fleet Insurance, please do drop us a call on 01206 585439 and one of our team will be able to help.

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