A company would use leasing as a tool by which business equipment is acquired to help either generate profits or minimise running costs.

Users of leasing range from large public companies and local authorities, to small privately owned businesses. We have found that the groups listed below prefer Lease finance options to buying:

• Sole Traders
• Partnerships
• Limited Companies
• Public Sector Companies
• Professional Practices
• Schools & Colleges
• Local Authorities

What is a lease?

Leasing is a method of funding that keeps money in your business rather than locked into depreciating computer hardware. Instead of paying in full for any product, we can structure regular repayments to meet your cash flow and budgetary requirements over a time frame to suit you. It is a cost effective alternative to paying cash.The key principle is that it is the use of IT equipment in a business which produces benefits, and not ownership.

The fundamental principle of leasing is that the customer gets immediate access to an equipment solution whilst spreading the cost & utilising budgets to their maximum potential.

Benefits of Leasing

Leasing is fundamentally the ability for businesses to have the use of up to date equipment without having to make the capital outlay when purchasing. The points below will give you an idea of the benefits of leasing:

• IMMEDIATE ACQUISITION OF EQUIPMENT
  You can acquire the equipment that is needed now, not when the cost meets budgeting requirements.
• CONSERVES WORKING CAPITAL
  Capital can be employed for other profitable purposes. Further, because we are supplying an alternative line of credit, existing credit lines remain undisturbed.
• TAX ADVANTAGES
  100% of all rentals can be offset against company profit.
• PLANNED BUDGETING
  By structuring the facility for you the payments can be made to match your cash flow.
• PAYMENT REFLECTS USAGE
  By spreading the cost of the equipment over the life of the goods, it will reflect its usage and allow for easy replacement when obsolete.
• BUILT IN FLEXIBILITY
  Early settlement and upgrade of equipment is available during the lease period.

Fast & Flexible

• Proposals are placed with lenders immediately and you are advised of acceptance usually within one business day.
• Minimum purchase value is £1000 exclusive of VAT
• You must have been trading for at least 1 year as a Limited, Partnership or PLC.
• Payment can be collected monthly or quarterly.
• Repayments can be spread over 3 years (3+33), 4 years (3+45) & 5 years (3+57)
• Download our proposal form by clicking here. Print, fill in your details andfax back on 01707 66 08 71 - Device switch off, call phone above before faxing!.

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