Funding Business Assets
Benefits of leasing your equipment
When it comes to business equipment, 80% of our customers choose to lease. Here’s why:
- Frees up your resources
If you buy equipment outright the money you invest becomes tied up in a depreciating asset and cannot be used for other projects. Leasing on the other hand allows you to save resources for other business opportunities - Fixed payments make for easier budgeting
Payments made through leasing arrangements are not affected by changes in interest rates and means that unlike a bank loan, you can accurately plan your payments in advance. With leasing you normally make quarterly payments over a three or five year period - Preserves your borrowing power
By leasing equipment you can free up your credit options with the bank - Payments are 100% tax allowable
If you pay corporation tax, leasing can be particularly attractive. Payments may be deducted from taxable profits and so the net cost of leasing your equipment is reduced - No deposit necessary
You may not need to make a deposit. You can simply make regular payments throughout the life of the agreement and deals can be structured to meet your cash flow needs - Opportunities to upgrade
With the rapid developments in technology, it’s possible to upgrade or add other items to your equipment during the life of the lease - Easy to organise
Just one simple form and within a few days your equipment will be installed
Our preferred leasing partner is Siemens who offer extremely competetive rates. However, if you prefer, we can also offer leasing facilities from a range of other leasing companies.
