Interest Free Finance Scheme Launched For Used Machines

Interest Free Finance Scheme Launched For Used Machines

JCB Finance has launched a two year interest free hire purchase scheme for used JCB machines held in stock by the UK JCB dealer network.

There is no upper limit for how much can be borrowed after a 20% deposit has been paid and the JCB must not become greater than 10 years old during the period of the finance agreement. Normal terms and conditions apply and the scheme is subject to availability through participating JCB dealers.

JCB Finance’s Managing Director – Paul Jennings said: “Deals need to be transacted before the end of September 2015 and a budget has been set so time is of the essence if you want to enjoy interest free finance on a used JCB. This is a landmark event in the history of JCB but providing finance for used JCB equipment is something we’ve been doing for over 45 years and interest free finance will certainly help our customers.”

Mr Jennings also pointed out that by selecting a Hire Purchase facility customers could still be eligible to take advantage of the Government’s £500,000 Annual Investment Allowance (AIA) scheme. For every £1 spent on plant and machinery there is the potential to save £1 in taxable profits. For more information on the AIA visit www.jcb-finance.com/AIA

Mr Jennings added: “There has never been a better time to buy with the AIA and Interest Free finance. The AIA potentially offers the equivalent of a 20%-45% discount depending on the business’ rate of tax but time is running out because the AIA is scheduled to fall to only £25,000 on the 1st January 2016.”

JCB Finance Ltd is regulated and authorised by the Financial Conduct Authority and has a 45 year track record of working closely with its customers, helping them improve their cash flow by offering cost effective and tax efficient forms of funding for plant, machinery, cars and commercial vehicles. JCB Finance is not a tax or financial advisor.

Last Chance to Enter JCB Mud Run

The first JCB Mud Run was staged in 2012 and attracted a field of around 500 competitors. Last year the number of entrants rocketed to more than 2,700 and this year’s total has already passed the 2,400 mark. Now competitors wishing to take part in 2015 have until midnight on Saturday, June 30th to register.

Mud slides, a 100ft underground tunnel, monkey bars and climbing walls are already confirmed as obstacles competitors will have to tackle as they negotiate their way around the course.

Mud runners, who must be aged 16 or over, will be bussed to the course where they will find bag storage and washing facilities. Spectators are welcome, and there will be a mini obstacle course for children.

Registration must be completed in advance at www.thejcbmudrun.co.uk. For all the latest JCB Mud Run news find us on Facebook at www.facebook.com/thejcbmudrun or follow us on twitter @thejcbmudrun.

The JCB Mud Run has raised more than £120,000 over the past three years for Carole House, which was set up after JCB and its employees completed a £2 million fundraising campaign.

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For more information visit www.jcb-finance.com/AIA

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