PMD will truly understand your business, people, products, and services and build a service that suits you best. 98.4% of our customers would recommend PMD to a friend or colleague*

Lee Schofield, Director "My vision was to build a team of Sales Solutions Experts who deliver the feel of an ‘in house’ Sales Solutions team, ready to support our partners with their sales objectives, both volume and margin. We’ve achieved what we set out to, now it’s time for us to help you do more of what you do best – sell. You think what you’re getting now is good. Switch to PMD and by the time we’re done understanding your business, we’ll be an essential part of your team.

Hire Purchase (HP)
With HP, you pay an initial deposit, which will normally include the VAT. The balance and interest are paid off over the agreed period of time. You own the asset at the end of the agreement (on payment of option fee), capital allowances can be paid by you and you get tax relief on the interest accrued.

Finance Lease Fixed Term
With fixed-term finance leasing, the leasing company will own the goods you have. These rentals are paid for over the agreed fixed term and VAT is spread across each payment at no interest cost, meaning the upfront deposit is much lower than HP.

The leasing company will then normally claim the capital allowances and you will usually get tax relief on the rentals (if leased over its estimated useful life). Minimum term: Like the fixed term, with the minimum term the leasing company owns the goods you have. Rentals are paid for the minimum term but can be continued beyond, and VAT is spread across each payment at no interest cost meaning an upfront deposit is much lower than HP. The leasing company normally claims the capital allowances and you normally get tax relief on the rentals.