JKS Fleet Finance Options
As an entirely independent finance broker, JKS Fleet is able to offer its customers the full range of finance options available through a broad range of funders. This means that you can be sure that you will be offered the most suitable finance solution for your business and circumstances.
There are two main funding types, of which there are a variety of options for each:
Contract Hire: This is where you pay an initial payment (typically a multiplier of your monthly rates) and then monthly payments over a set period between 18 months and 4 Years. At the end of the contract you simply hand the vehicle back. Full Maintenance can also be included in the monthly rentals. There is no route to ownership using this funding method.
Leasing: This is where you pay a deposit, monthly payments over a set term (typically between 2 and 5 years) and then hand the vehicle back to pay a balloon payment to keep the vehicle. There are also options where the balloon payment is just 1 months payments. This funding method enables you to own the vehicle at the end of the contract if you wish.
Within Leasing, there are a number of products such as Hire Purchase, Finance Lease, Lease Purchase and Contract Purchase. Each has slightly difference characteristics which we will discuss with you when we know more about your business.
Please click here to find out more about the different funding types and how they are treated for accounting purposes.
Further information can also be found on our Finance White Paper which will be available for download shortly.
If you would like to discuss further the funding options for your business, please either contact us via the online enquiry form below or call us on 01223 911 761.