Solutions for
- Managing cash flow
- Expanding your business
- Acquiring vehicles & equipment
- Purchasing property
- Selling your business
Finance options
- Loans and overdrafts
- Asset finance
- Property finance
- Financing trade
- Invoice finance
- Corporate & Structured Finance
Specialist options
- Debt capital markets
- Funding pension shortfalls
- CREST securities settlement
- Self-invested pension plan
Managing risk
Manage assets
A complete solution for vehicles, IT and other assets
The cost of managing an asset can be a significant part of the overall cost of bringing it into your business. Consider the initial research to find a competitive supplier, the ongoing maintenance and repair - and the significant costs associated with disposal.
No wonder many businesses are turning to Lombard for contract hire and other asset management services.
Contract hire and asset management benefits
- VAT savings - your business can normally claim all the rental VAT for non-vehicle assets and vehicles used solely on company business. You can normally claim half the rental VAT for vehicles also used for private purposes
- Low monthly payments - Lombard owns the asset, which keeps your costs down
- From one asset to many - Lombard works with every kind of business, from sole traders right up to large national companies - whether it's one car or a complete IT network
- One comprehensive fee - servicing and maintenance costs can be included. Lombard can even arrange insurance to be added to the package
- Flexibility - sell, enter into a secondary rental period or write off the asset at the end of the agreement
- No disposal costs - as Lombard owns and disposes of the asset, you save time and resources. Lombard also fixes your exposure to depreciation costs
- Not just cars - Lombard's size and experience mean it can offer fully managed solutions for many different resources, including IT and telecoms equipment
More on managing your assets
The Lombard website has in-depth information on asset management solutions for your business.