Furniture Finance
Option 1 - Standard Terms
On the day we deliver your furniture goods, we will issue a standard 30-day invoice (a deposit may be required, subject to status). Once you have paid the balance in full, the title of goods will be assigned to you.
Option 2 - Lease Rental
The option of lease rental allows you to have possession of the furniture but not own them until the agreement has been completed. Following completion of the agreement, you have the option to then purchase the furniture for a fee.
This option also has the advantage of allowing you, towards the end of your contract, to upgrade your contract furnishings. This works by keeping the same monthly payments and simply extending the agreement to cover the extra costs incurred.
Other advantages include:
- Being able to pay for maintenance
- Creating a seasonal payment plan or a stepped lease for budget distribution
Option 3 - Hire Purchase
Our third option allows you to pay the first instalment and the full VAT for your contract furniture. You become the title holder, however, if the payments are not fulfilled, the title would be apportioned to our finance partners.
Advantages of Leasing
Hold on to Your Money
Retain money within the business for essential activities, benefit by creating instant cash flow and spreading costs.
Demonstrating ROI
As the goods are paid for regularly, directors and stakeholders of your business will be able to see a return on their investment from day one.
No “Unexpected” Charges
You can include installation and planned maintenance in addition to the capital cost. Our finance partners will make fast credit decisions and we won’t use jargon or flood you with complicated paperwork.
Tax Against Profit
The payments you make as part of your lease rental are 100% tax allowable against profits.
No Increased Payments
Even if bank base rates increase, the amount you pay remains the same, due to your lease rental interest agreement being on a fixed basis.
Alternate Business Funding
When you use leasing to purchase furniture, you protect other lines of credit that you may have such as loans or overdrafts. Therefore, you are able to conserve available credit.
Tailored to you
Cubix appreciates your business may operate seasonally and due to this offer an option to create seasonal repayment holidays to match your income periods.
Don’t Wait, Have it Now
Defer your payments up to six months. When deferring payments, you can have the new furniture you desire now rather than next year.