Purchase Options

Rollalong offer a wide range of purchase options to suit clients' varying circumstances and needs:

Outright purchase:
Against payment of the agreed price the client simply purchases and gains ownership of the new building.

Building buy-back at the end of option period:
As an alternative to a finance lease scheme the client can opt to purchase the building outright and set up an agreement with Rollalong whereby we agree to buy back the building from the client at an agreed price after an agreed period.

Part exchange:
If you have an existing modular or portable building that needs replacing, Rollalong can often help by offering a part exchange for the new building.

Rollalong also offers a range of finance schemes structured to assist customers to optimise budget resources and satisfy financial objectives. These schemes include:

Hire Purchase:
A convenient way of spreading the acquisition cost of an asset over a defined period, usually up to 7 years. Title to the asset transfers to the hirer on payment of the final hire purchase rental.

Payments, which can be tailored to suit individual business circumstances, may be monthly or quarterly in advance and do not attract VAT which is payable on the whole of the purchase price of the asset with the first rental.

The hirer will usually be able to claim tax relief on the interest payments and a "writing down allowance" on the capital cost of the asset.

Operating Lease:
An operating lease grants a lessee the right to use an asset over a defined period. Title remains with the lessor, and rental payments are lower than a hire purchase agreement. At the end of the primary lease period, the lessee may continue to lease the asset or may terminate the agreement. If terminated, the asset is returned to the lessor for sale or re-leasing.

Payments may be monthly or quarterly in advance and each lease rental payment attracts VAT at the prevailing rate.