Financial Terms Glossary

Contract Hire

Formal

A lease with lots of peripheral services wrapped around it. Common in many countries, it's designed to give full service and use of an asset to a customer, all covered by one certain monthly or periodic rental payment. Most common for cars and trucks, use of the vehicle plus maintenance, service, rental car replacement etc.

Informal

You don't like hassle, you don't want any fuss, you don't want to own assets just have the use of them, and want a full managed service. This is so you can get on with your life, your business and focus on the things you are good at. Contract Hire is a full service that provides the asset and all the services around it with no worries about running costs or residual values.

What we do

At Shark Finesse we have created business case software to help you win budget and change the way you talk to customers about business value.
Find out how

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+44 (0)1256 338635
Address
Grove House, Lutyens Close
Basingstoke, Hampshire
RG24 8AG, UK