b'Our services, memberships andP ro d uct t y p e s & t h e i r b e n ef i t s a small deposit.fca accreditedaccreditations are extremelyHIRE PURCHASE (HP) VAT is added to each payment, meaningPMD is authorised by the Financial THEimportant to us, but we understandWith HP, you pay an initial deposit,up front deposit is much lower than HP.Conduct Authority (FCA) to carry out that your time is precious so wewhich will normally include the VAT. TheThe leasing company normally claims the balance and interest is paid off over thecapital allowances and you normallywont take up your time on this.get tax relief on the rentals. regulated financial service activities and agreed period of time. You own the assetCONTRACT HIRE SCHEMES offer credit to consumers. ed at the end of the agreement (on paymentAlso known as operating lease, contractnacfb member s?, BORING Weve outlined the most importantof option fee), capital allowances can behire schemes only requireAs members of the National Association bits for you.paid by you and you get tax relief on the We take our responsibilities seriously;interest accrued. A residual value is built in, which reducesof Commercial Finance Brokers (NACFB), integrity and doing things the rightFINANCE LEASE the monthly / quarterly rental costs.PMD is proud to belong to a growing way is our utmost priority. WithoutFixed term: Asset is returned to the leasing companycommunity of finance professionals who / supplier at the end of the agreed termare bound by a common duty to help fund this hard work, we wouldnt have theWith fixed term finance leasing, theand the leasing company normally claimsUK business.absolute trust and respect from ourleasing company will own the goods youthe capital allowances. The obligation have. These rentals are paid for over the doesnt show in your liabilities (Off STUFF partners that we have achieved overagreed fixed term and VAT is is added toBalance Sheet) and VAT is normallyStill with u e servthe years. each payment, meaning up front depositrecoverable on each payment (with is much lower than HP. The leasingspecial rules for cars). take a well dADMINcompany will then normally claim the capital allowances and you will usually getSHORT TERM RENTAL PROGRAMS coffee break! ImportantWARNING! tax relief on the rentals (if leased over itsWe have a track record of workingWe can offerestimated useful life).Stuff Minimum term: with equipment suppliers across aAt PMD, it is important to us to noteminimum term financevariety of industries to deliver short term lease, but its not something weLike fixed term, with minimum term thesolutions for their customers. The offeringthat we work hard on a daily basis to promote as it relies on the customerleasing company owns the goods youranges from 312 months and workssupport SMEs across the UK who areto terminate. have. Rentals are paid for the minimumextremely well if your customer has wonin need of financial help. Our priorityterm but can be continued beyond, anda short term contract or has capitalis to help your business succeed. Weexpenditure restrictions. take this job seriously and we makesure to do it properly.WHATs INSIDE Introducing your new Sales Solutions team LETS GET GOINGNext steps Whats all the fuss about? The boring stuff'