What are the advantages of LEASING?
You can avoid tying up capital which might be better allocated elsewhere to finance your business advancement
Affordable payments can be made monthly or quarterly over a fixed period allowing you to budget ahead accurately into different financial periods.
Instant Tax Relief
Unlike when you pay cash, a minimum of 20% tax relief (depending on your individual business tax rate) is avaiable with Lease rental - reducing your costs even further.
What sort of Companies aquire equipment on Lease Finance?
94% of the Times Top 100 Companies
9 of 10 of the Top 10 Firms of Chartered Accountants
90% of Local Authorities in England and Wales*
* (Source UK Capital Expenditure Statistics Office)
We are Licenced Credit Brokers so Leasing for our systems is available (subject to status) over a three or five year period with the option to take title of the system at the end of the period.
We do not take any commission from the leasing company which means we can offer a lower rate to our customers.
BEWARE!
Before you sign a leasing agreement, check what happens at the end of the leasing term. Five years might seem like a long way ahead but time soon passes and to discover that you have to negotiate a new lease or lose your system could be quite a blow. Usually what happens is the leasing company passes title of the goods to the supplier for a nominal amount and the supplier can either pass the title on or retain it for themselves. Some suppliers use this opportunity to introduce a new lease (money for nothing!) thus the lease payments are never ending and could prove very costly.