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Posts Tagged ‘Businessman’

Car Leasing Without Advance Payment

Tuesday, May 17th, 2011

The other great disadvantage of Car Leasing from the car leasing scheme is that if you are unable to pay the installment after the month of the car then the bank in the UK will give you another time limit in which you are going to pay that installment. For example if you are a businessman and you want to purchase a costly car by making cash payment then you have to take the money out of the capital of your business for this purpose.

Withdrawing the cash out of the business capital may be dangerous for the business as there may be the risk of short of cash to meet the expenses of the business and to meet the liabilities of the business.

In the present time the mark up rates applicable on the business loans are on its peak in United Kingdome so it will be very costly loan that can affect the profit of the business and may be you have to suffer from the loss in the business.

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