Equipment Leasing

As an alternative to an outright purchase, we can also offer lease terms, on certain of our products, through our leasing partners. This helps you to spread the costs over a fixed term with known replayment levels.

Maintains cash flow in your business

Leasing enables the cost of goods to be spread over a maximum term of 7 years. This maintains cash within your business, which can be utilised for other means.

Fixed payments throughout the term

This assists when planning budgets, as repayments are fixed on day one. It also combats any future interest rate rises, as rates are fixed throughout.

100% finance

Leasing often provides you with finance for the total cost of a project including installation, training and other associated costs. Agreements can have equal repayments throughout the term with no requirement for large up front deposits that affect cash flow.

Tax advantages

Lease rental payments can attract 100% tax relief if the equipment is depreciated over an equal or lesser term. This results in accelerated tax relief when compared to the capital attained when purchasing the equipment outright. For more information, contact us or alternatively speak to your accountant.

Enables larger than originally planned purchases to be made

Because leasing spreads the cost of purchase you may now be able to afford more than you previously thought. Or, alternatively, it may allow you to aquire more expensive, yet more efficient, equipment. This can in turn improve your business and profitability quicker than anticipated.

Secured against the equipment purchased

This leaves other business or personal assets untouched and avoids fees associated with securing finance against property.

Maintains other credit lines

All agreements are ‘stand alone’ leaving current credit facilities in place. Leasing also prevents businesses purchasing on their overdrafts, which is considered poor business practice given the term that the equipment will be required.

Leasing can also help businesses financially manoeuvre outside of their current banking arrangements and often avoids the security required with most other facilities.