Finance
Get the right system now, without the capital outlay
A new compressed air system is a significant investment. Equipment finance lets you spread that cost over fixed monthly payments, protecting working capital, keeping credit lines free and making budgeting straightforward. You get the equipment that is right for the job rather than the equipment you can afford outright today, and in many cases the energy savings and productivity improvements begin repaying the investment from day one.
J&J Air Systems work with finance partners to offer flexible funding for compressed air equipment purchases, including hire purchase and lease options for terms between two and five years. Finance is available for the complete package: compressor, air treatment, pipework and installation.
2-5 yrs
Flexible finance terms
Monthly or quarterly repayments to suit your cash flow cycle.
Full system
Not just the compressor
Finance can cover the compressor, dryer, filtration, pipework and installation as one package.
Day 1
Return on investment
Energy savings and productivity improvements begin the moment the system is commissioned.
Fixed
Monthly payments
Predictable payments make budgeting and cash flow forecasting straightforward.
Finance options explained
Hire purchase
You pay for the equipment in fixed monthly instalments over an agreed term. At the end of the agreement you own the equipment outright. Hire purchase is the most straightforward finance structure and is often the most tax-efficient for businesses that want to claim capital allowances. The asset appears on your balance sheet from day one.
Finance lease
The finance company owns the equipment and leases it to you for an agreed term. Monthly payments are typically lower than hire purchase. At the end of the term you can extend the lease, return the equipment or arrange a sale. Lease payments are fully deductible as a business expense. Speak to your accountant about which structure best suits your tax position.
Why spread the cost?
- Preserve working capital and cash reserves for day-to-day operations and opportunities
- Get correctly specified equipment now rather than deferring to the next capital cycle or making do with an undersized machine
- Fixed monthly payments make budgeting predictable and remove large one-off capital purchases from the P&L
- Finance a complete package: compressor, air treatment, pipework and installation in a single agreement
- Potential tax advantages through capital allowances or lease payment deductions. Your accountant will advise on what applies to your business
- Upgrade at the end of the term to the latest technology, financed again, rather than running ageing equipment
What can be financed?
Finance is available for the complete compressed air system, not just the compressor unit itself. A single agreement can cover:
- Rotary screw and piston air compressors
- Oil-free compressor systems
- Refrigerant and desiccant air dryers
- Compressed air filtration and treatment equipment
- Air receivers and pressure vessels
- Distribution pipework and installation
- Nitrogen generation systems
- Vacuum pumps and blowers
Hire and short-term rental
For short-term requirements or emergency cover while your primary compressor is under repair, hire compressors are available from £10 per day. Hire units are available at short notice and allow you to keep production running while a breakdown is resolved or a new installation is completed.
Contact us to check availability and discuss the right size unit for your requirements.
Frequently asked questions
Is a deposit required?
This depends on the finance agreement and credit assessment. We will confirm deposit requirements when we put a finance proposal together for you.
How long does finance approval take?
In most cases a decision can be reached within a few working days. Our finance partner aims to keep the process and paperwork as straightforward as possible. We can often have an approval in place before equipment lead times expire, so there is no delay to your project.
Can a new business apply?
Finance is subject to credit assessment. Newer businesses or sole traders may find the criteria more restrictive than for established limited companies, but it is always worth applying. We will let you know quickly if finance is not available so you can consider alternatives.
Can I pay off the agreement early?
Early settlement is usually possible, subject to the terms of the specific agreement. Our finance partner will explain any settlement figure calculation at the outset so there are no surprises.
What happens at the end of the agreement?
With hire purchase you own the equipment outright. With a finance lease you can extend the lease, return the equipment or in some cases purchase it at a nominal value. If you want to upgrade to newer equipment at the end of a term, that can also be financed in a new agreement.
Get a finance quotation
Tell us the equipment you need and we will put together a quotation and, if you want to explore finance, submit it to our finance partner for a proposal. The whole process can be completed within a matter of days.
Call: 0800 027 8442 | Email: [email protected]