As such, the company's in-house team of transport industry specialists work alongside operators and the Scania UK network to ensure the most cost-efficient means of vehicle acquisition are determined in every case.

So whether it's a simple hire purchase agreement, a finance lease or a complex full contract hire arrangement, Scania Finance can provide the answer to your finance needs in every case.

The range of products on offer from Scania Finance include:

• Hire/lease Purchase
  Requires the payment of an initial deposit followed by the repayment of the outstanding balance over a fixed period. Instalments can be structured to match your business's anticipated cash flows and the anticipated income to be generated by the purchased vehicle. With our lease purchase product, the inclusion of a final increased 'balloon' payment can further reduce the monthly instalments.
  
• Finance lease
  With two operational periods, a finance lease is highly flexible. During the primary period payments are structured to cover the whole financed cost of the vehicle. In the secondary period the lease can he extended indefinitely for a small annual rental. When the time for disposal arrives, the customer receives the sales proceeds less a small administration fee.
  
• Operating lease
  A form of off-balance sheet financing offering the lowest pre-tax rentals of any finance scheme. Basing the agreement on the asset's estimated depreciation over the lease period keeps rentals to a minimum.
  
• Contract Hire
  Similar to an operating lease, contract hire includes a repair and maintenance contract for the life of the lease. Quite simply, contract hire is as close as you can get to a fixed price, all-in monthly payment package.
  
• Sale and leaseback
  A refinancing option that enables a cash injection to your business. Allows the sale of your owned vehicles, which we then lease back to you over an agreed lease period. This gives you the continued use of the vehicle and cash for any purpose you desire.
  
• Gap Insurance
  If your truck is written off, gap insurance fills the gap between the cost of settling the outstanding finance and the final insurance payment. A single low price premium provides cover for up to five years. Vehicles already on finance (even with another finance company) can be covered immediately.