Vectors' Aged Debt Funding Division has approved facilities with several leading institutions. This enables us to arrange Chambers loans quickly and easily. Unsecured loans have become increasingly popular for Sets and can be utilised to cover a wide variety of expenses

Leasing
A lease contract is a simple means of renting goods and equipment enabling the full cost of the goods and the interest charges to be written off over the borrowing term. Lease contracts usually span 2-5 years. At the end of the term there are options to continue renting the equipment for a small annual fee. Alternatively the contract can be transferred or terminated. There are no upper limits on the amount borrowed.

Lease Purchase
A Lease Purchase agreement allows Chambers ownership at the end of the agreement . Chambers selects the asset and we arrange for the lender to buy it from the supplier. You then pay the lender we select, a series of installments over a defined period - normally between 12 and 60 months.

Chambers Credit Line
As specialists in high value transactions we often work closely with Chambers Treasurer/Finance Committee. This helps ensure we arrange the right type of contract to suit each Chambers individuals position. The credit line facility is popular and can be drawn down in stages in line with Chambers contractual obligations.

Please note that Vector are not providing any tax or accountancy advice in the above descriptions.