Agricultural Finance Lease
Get the equipment you need for your Agribusiness
Get the farm equipment, motor vehicles and business equipment your business needs now without the heavy initial outlay of a cash buyer. Agricultural Finance Lease from Yorkshire Bank allows you to have the use of an asset whilst paying a rental rather than a repayment.
- Dedicated Agribusiness Partner can make decisions – fast
- Pre-arranged finance gives you the flexibility of a cash buyer
- Choose the payment option that best suits your needs or cashflow
To find out more, contact your Agribusiness Partner, arrange a visit to your local Financial Solutions Centre or call 08457 034 567.
More Benefits
- Cash boost - capital allowance benefits are reflected in the rentals
- Save money - pay VAT only on each rental (normally recoverable if you are VAT registered)
- Latest equipment - keep your business up-to-date with the latest technology and most efficient plant and equipment
- Sales proceeds - receive a proportion of the proceeds from the asset sale at the end of the rental term
Further Features
- Competitive fixed and variable interest rates
- No capital outlay or upfront deposit needed
- Rental is generally tax deductible
Complementary Solutions
Important Information
- Interest rate
- Rates may be individually negotiated and the amount you are charged will depend on your circumstances. Speak to your local Agribusiness Partner for more details
- Fixed or variable interest rates
- Fixed interest – calculated at inception
- Variable interest – calculated daily
- Minimum term – 6 months
- Maximum term – negotiable
- Alternative option – Agricultural Hire Purchase
- Costs
- Documentation Fee - paid at the outset
- Charges may be individually negotiated and the amount you are charged will depend on your circumstances. Speak to your local Agribusiness Partner for more details
- Terms and conditions
- Capital allowances claimed by Asset Finance
- Share of proceeds from the asset sale is negotiated with your local Agribusiness Partner
- Full terms and conditions are available on request
In the event of non payment, breach of covenant, or non compliance with terms and conditions, we may proceed to make a call on, or realise any security pledged in support of the borrowing.
Terms and conditions apply. All facilities are subject to status and applicants must be aged 18 or over.
Tax treatments are in accordance with current Statements of Accounting Practice. The VAT and other tax restrictions described apply to new and some used cars. The restrictions do not apply to commercial vehicles and other assets. The value of any tax benefits to you depends on your individual circumstances which can change.
Yorkshire Bank is a trading name of Clydesdale Bank PLC which is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank PLC, Registered in Scotland (No. SC001111), Registered Office: 30 St. Vincent Place, Glasgow, G1 2HL. A member of the National Australia Bank Group of companies.