Finance & Leasing

Oxford Funding

Have you considered financing your purchases from us?

We at Peter Cox Catering Equipment are pleased to partner with Oxford Funding Ltd to offer a comprehensive range of finance options on all purchases over £500.
Oxford Funding are specialists in financing catering equipment, with over 25 years in the business. As an independent broker, they are dedicated to sourcing the best deals for you – sharing our customer-focused, honest and friendly company values.

No hassle to set up

Getting finance on your equipment through Oxford Funding is quick and simple. One call to them is all it takes. They shop around for the best deals for you and can get approval the same day.

Keep your cashflow flowing

You can enjoy your new piece of equipment without the large cash outlay by financing your purchase. Using finance means you can keep your cash reserves for when you really need them.

Fixed interest rates

With a fixed interest rate for the term of the finance, you are able to budget better for the years ahead. It’s also far cheaper than using your business account’s overdraft.

Reduce your tax bill

Using finance to buy your equipment can mean you can claim tax relief on it. As leasing (financing) is an allowable business expense, it’s eligible for tax relief for the whole term of your finance agreement.
How much will it cost me?
Oxford Funding has put together an example of how much a £5,000 finance package (plus VAT) could cost you:

Fixed Term Lease 2 Year 3 Year 4 Year 5 Year
Initial payment £751 £537 £447 £382
Monthly rental £250 £179 £149 £127
Weekly equivalent £58 £41 £34 £29

Isn’t finance expensive in the long run?

Because of the tax relief you can claim on leasing equipment and the interest (Return On Capital Employment (ROCE)) that you don’t lose, it’s actually much better financially to lease. Here’s how the figures add up:

Paying cash:

Cash price £5,000.00
Tax relief £488.00
Lost ROCE £1,655.00
Net cost of paying cash £6,167.00


Total rentals £6,966.00
Tax relief £1,393.00
Net cost of leasing         £5,572.15

(Figures are based on a three year lease, with highest tax rate of 20%, capital allowance of 20% and ROCE of 10% per year).

Try out this handy Interactive Calculator for an estimate for leasing with Oxford Funding.

How do I get finance set up?

Simply give the team at Oxford Funding a call. They are a small, family-run company, so there are no automated phone lines – just an honest, friendly service where finance is turned around quickly and getting the right deal is their number one priority.

Call: 01242 226662

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