27th October 2009
Sometimes referred to as a “goods mortgage”, this product is simply a mortgage over capital equipment where the financier gives the lessee “cash” to purchase a tangible asset, which becomes the subject of the mortgage. A fixed charge over the asse...
29th August 2009
The product is one whereby the “renter” hires the goods from the lender for an agreed period for a fixed payment per month. This option provides several advantages, particularly for public companies, schools and government bodies. An operating lease i...
29th July 2009
Commercial Hire Purchase (also known as Asset Purchase or “CHP”) is similar to leasing, except the customer claims the allowable depreciation on the equipment plus interest as a tax deduction, as opposed to claiming the actual lease payments, as with ...
11th June 2009
In the great global meltdown we are living through today, any term related to finance and commerce does not sound very nice to the ears. After all, the most common words we listened to (and are still listening to) for a long time were crisis, depression, ...
