Rental Finance
We have partnered with an established asset finance specialist and devised a brand-new Rental Finance package suitable for commercial applications of Solar, Combined Heat & Power (CHP), Heat Pumps, and Biomass energy technology products.
There are two distinguishing features:
- The entire rental payment is charged as an overhead in the Profit & Loss thereby reducing taxable profits
- It is an off-Balance Sheet transaction
Once the required information is received we guarantee a decision within 48-hours.
We have funding for projects between €100k up to €2m.
Uses
Enables acquisition on a “Service Agreement” basis.
Savings in energy costs can pay for system over term of service agreement.
How it Works
No upfront capital costs
Complete solution – hardware, service, maintenance and monitoring
Agent installs product and Lender meets upfront cost of installation.
Financials
The entire rental payment is charged as an overhead in the Profit & Loss thereby reducing taxable profits.
It is an off-Balance Sheet transaction and does not affect the gearing levels of the business.
Contact Details
Kieran Finnan
087 928 9815
kieran@financeforbusiness.ie
Burchall House, Parnell Street, Waterford. 051 850672
Bracken House, 51 Bracken Road, Sandyford, Dublin. 01 675 0819