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We have partnered with TCH Salsa to provide an employee benefit which enables you to lease a brand-new electric or hybrid company car through a salary sacrifice scheme.
The salary sacrifice scheme enables the leasing of a brand new electric or hybrid car, fully serviced, maintained, and insured for either 2, 3 or 4 years and allows you to make substantial savings over traditional personal finance methods due to income tax, national insurance (NI) savings and fleet discounts on vehicles and maintenance costs.
Click here for more information on the scheme.
We are a sustainability partner of Hypervolt, the UK's leading innovator in smart EV charging. Hypervolt build enhanced EV charging and smart technology, providing a seamless user experience.
For further information about finance for EV charging, click here to read our blog or contact us.
There are a few types of vehicle lease to consider: Personal Contract Purchase (PCP), Hire Purchase (HP) or Contact Hire. Whilst they all enable you to spread the cost of a vehicle over time, only PCP and HP have the option to become the owner of the vehicle at the end of the lease. For Contract hire, you are essentially ‘hiring’ the car for a period of time and give it back at the end of the agreement.
A personal contract (PCP) is a specific type of finance. The main difference between PCP and HP finance is how the monthly payments are structured. In a traditional hire purchase agreement, you pay back the amount you borrowed in equal monthly instalments. A PCP is different in that you have lower monthly instalments followed by a large final payment at the end.
Hire Purchase can be used to purchase new or used vehicles. It is also known as a Hire Purchase agreement or simply HP. You essentially hire the car over the contract period, with a view to purchase it at the end of the deal. You'll own the car outright once you've made all the payments, which may include an “Option to Purchase” fee at the end of the term.
A Contract Hire (or Lease Hire) is a long-term rental agreement that is best suited to those who don't want to purchase the car outright at the end of the term - essentially you are ‘hiring’ the car for a period of time. The car remains the property of the leasing company from start to finish – they are the vehicle’s registered owner and keeper throughout.
Our CoverPlus maintenance plan provides you with everything you need in one place for total peace of mind. Forget the hassle of trying to stay on top of lots of different suppliers for servicing, repairs and breakdown, CoverPlus is a one-stop maintenance and repair booking service.
We act as a single point of contact providing you with:
Click here for more information.
Bluestone provides a comprehensive range of financial services designed to help businesses manage their cash flow and growth. These include asset finance, allowing companies to spread the cost of purchasing equipment and machinery while maintaining liquidity. Invoice finance solutions offer immediate access to funds tied up in unpaid invoices, ensuring smoother cash flow management. Bluestone also provides tailored cash flow loans and customer finance options to meet short-term financial needs and enhance sales potential. Additionally, the company offers property finance for purchasing, refinancing, or developing commercial properties, as well as vehicle finance for acquiring individual vehicles or managing entire fleets.
Absolutely! Our goal is to help you find the financing solution that best meets the needs of your school. We will work with you to understand your specific requirements and develop a tailored financing solution that fits your needs. This may involve considering a variety of financing products and providers, and we will provide you with guidance and support throughout the process.
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There may be tax benefits or other incentives for schools that use asset finance, depending on the specific financing product and your school's location. For example, in some cases, you may be able to claim tax deductions for the interest paid on the loan. We would be happy to discuss these options with you and help you determine if they are applicable to your school.
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The repayment terms and interest rates for asset finance for schools vary depending on the specific financing product and the assets being financed. In general, repayment terms can range from a few months to several years, and interest rates will be determined based on your school's credit history and the specific financing product.
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To be eligible for asset finance for schools, you typically need to provide information about your school's financial history, including revenue, expenses, and debt. We may also require a personal guarantee from key members of your school's management team.
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We know finance can be complex and often it's easier to talk things through. Drop us a message or give us a call 0330 135 8660 and we'll get back to you ASAP.
Our team are here for you, let us show you what we can do!
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