Low Payment Leases
Lease rentals are normally 100% allowable against taxable profits, This can mean a substantial tax advantage over paying cash.
Spending cash on a piece of equipment can disrupt cashflow A lease facility spreads the cost - Buy now, pay later.
Repayments are fixed at the outset, you know what your future commitements are.
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.
Get in touch with our friendly advisors to see how we can you help you finance the machines you need.