Business Finance

Whether you are a small start-up business or large established company, when it comes to choosing a vehicle finance plan the options seem endless.

And, as your business changes, so may your financing requirements, which often only adds to the complexity of choosing the right vehicle finance option for your business. Because we understand that no two businesses are the same, Renault Business Finance offers a wide range of finance schemes and products to suit the specific needs of every type and size of business.

Contract Hire

Contract Hire is an ideal product for companies who don't want the financial risk of running their own car and van fleets, and who want to reduce the administrative load of buying, servicing and disposing of their company vehicles.

Step 1.

Advanced rental

You pay the advanced rental ranging from 3 to 12 months upfront.

Step 2.

Balance to fund

Fixed monthly rental for the duration of your contract.

Step 3.

At the end

At the end of your agreement you simply return the vehicle back to us.*

The benefits of Renault Contract Hire:

  • Road Fund licence included
  • Flexibility to increase your contract term and mileage.
  • Optional servicing, maintenance and tyre options brings all running costs into one package
  • Reduced VAT paid by business, as monthly vehicle payments can be offset against taxable profits
  • Vehicleson Contract Hire are classified as ‘off balance sheet’ and thereforehas accounting benefits by improving the financial ratios for the business
  • VAT registered businesses are able to claim 100% of the VAT back if the vehicle is used exclusively for business.
  • If vehicle used privately, 50% of the VAT can be reclaimed on the finance of the rental