Cash is your most valuable asset so why tie it up in large purchases?
Lease Purchase
This facility is available for customers who wish to own the equipment at the end of the lease agreement.
Lease purchase works on a leasing payment formula, but is similar in principle to hire purchase.
Writing down allowances may be claimed against the goods and tax relief can be claimed on any interest paid.
The deposit required is usually smaller than for a hire purchase agreement, but contracts cannot be amended once the agreement has commenced.
Freedom for your capital
Its always said that in the Land of the Blind the one-eyed man is King. In the Land of the Lease however, Cash is most definitely sitting on the throne.
This is because leasing offers 100% financing, allowing you to put your valuable working capital to better use - like increasing your profits - instead of tying it up in a depreciating asset.
Better still by leasing there is no deposit to pay and no daunting initial down payment.
Leasing not only allows companies immediate access to the latest equipment, it also means that your monthly payment is fixed throughout the term - whatever happens to interest rates or inflation.
Unlike many high street bank facilities or overdrafts that are subject to the change in market conditions, a lease facility with its protected payment allows for simple and effective future budgeting.
Excellent tax benefits
Because finance lease rentals are 100% allowable against pre-tax profits, the total cost of your purchase, capital and interest can be offset during the lease period, with your payments deducted as a trading expense.
In reality it means that the real cost of your lease is in fact dramatically lower than the payments you make.
In comparison, outright purchase ties up valuable capital, thereby crippling a companys development potential, while only offering reduced tax-deductible allowances.
For more information about our Finance Packages, please call one of our Sales Consultants on FREEPHONE 0800 019 22 36
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