Rivermore offer UK companies a range of options which offer a variety of features and benefits. Some methods are more tax-efficient and cost effective than others, dependent upon individual company circumstances, tax strategies and cash-flow requirements.

Typical benefits include:

• Preservation of cash (Which can often be better invested)
• Simple budgeting with fixed payments
• Attractive tax treatment (Capital allowances or 100% offset of rentals)
• Leaves banking arrangements undisturbed
• Ownership, lease or rental options
• Easy to set up, subject to credit clearance.

Set out below is a rough guide to the types of agreement available from Rivermore.
(This is a guide only. Terms and Conditions apply. Written details available upon request.)

Contract Hire (Also referred to as Rental or Contract Rental)

With a Contract Hire agreement, the equipment user selects the equipment supplier and chooses the equipment they require. Rivermore purchase the equipment and hire it to the equipment user over an agreed term of normally two to five years at an agreed rental. The rental may include the maintenance and servicing of the equipment on terms agreed between the equipment user and the equipment supplier. At the end of the term the equipment is returned to Rivermore. A 'Continuation of Hire' can usually be agreed if continued use of the asset is required. 100% of rentals paid can normally be offset against taxable profits.

Hire Purchase (Also referred to as Lease Purchase)

With a Hire Purchase agreement, the equipment user selects the equipment supplier, chooses the equipment and negotiates the best price as if they were a cash purchaser. Rivermore will quote the equipment user a fixed rate Hire Purchase payment normally over two to five years. The equipment user owns the asset at the end of the term subject to payment of an option to purchase fee. However, the equipmmet user treats the asset as if it belonged to them from the outset and claims any capital allowances available.

Finance Lease

With a Finance Lease, the equipment user selects the supplier, chooses the equipment and negotiates the best price. Rivermore purchase the equipment and lease it to the equipment user over an agreed term (the 'Primary Period') of normally two to five years. At the end of the Primary Period the equipment user can either continue into a secondary period at a reduced rental or sell the equipment as our agent in return for an agreed percentage of the sale proceeds as a rebate of the rentals. 100% of rentals paid can normally be offset against taxable profits.

Operating Lease

With an Operating Lease, the equipment user selects the supplier and chooses the equipment. Rivermore purchase the equipment and lease it to the equipment user over an agreed term of normally two to five years. The equipment user is responsible for maintaining and servicing the equipment. At the end of the term the equipment is returned to Rivermore. 100% of rentals paid can normally be offset against taxable profits.