Benefits of Lease Purchase.

Tax Efficient
Lease rentals are normally 100% allowable against taxable profits, This can mean a substantial tax advantage over paying cash

Helps Cashflow
Spending cash on a piece of equipment can disrupt cashflow  A lease facility spreads the cost - Buy now, pay later

Budgeting
Repayments are fixed at the outset, you know what your future commitements are.

Increase Profitability
Pay for equipment as it generates profit

Small Initial Outlay
Normally only 3 months rentals are required on signing VAT is payable on each rental as it falls due, rather than in one lump sum.

Hedge Against Inflation
Rentals are fixed and do not change with inflation or interest rates  Waiting until you have the funds available to buy outright may be a false economy, the increase in the cost of equipment may even cost you more than the cost of leasing.

Preserves Existing Credit Lines
Unconnected with your other commitments with the bank etc.  Leasing, leaves existing credit lines available to fund the day to day running of the business.

Company Name.

Company Type Limited/Sole Trader or Partnership

First Name

Title (Mr/Mrs)

Address 2

Town

County

Postcode

Period of Lease 3, 4 or 5 years