Leasing & Finance

LEASE PACKAGES

There are two options available to finance your proposed project:

1. LEASE RENTAL

  • Payments are 100% tax deductible unlike a purchase.
  • VAT is payable on each rental and reclaimed in the usual way
  • Payments can be made monthly, quarterly or yearly
  • Payments are made by direct debit
  • Options at the end of the period:

a) Continue to rent the equipment at a very small monthly charge
b) Return the equipment to us
c) Negotiate ownership of the equipment via a third party for a nominal charge.

2. LEASE PURCHASE

  • All VAT is paid in advance
  • Payments can be made monthly, quarterly or annually
  • Payments are made by direct debit or by invoice at small increase in rate
  • At the end of the period, the equipment automatically becomes your property
  • Payments are NOT 100% ALLOWABLE
  • Customer claims capital allowances as per cash purchase

This will also offer you the following benefits:

OVERCOME BUDGET LIMITATIONS
Make the most of your budget by spreading the cost over 2, 3, 4 or 5 years and acquire the solution that meets your needs fully, rather than that which your budget dictates. You can pay monthly, quarterly or annually, from your Revenue Budget, to suit you.

EASE CASHFLOW AND BUDGET TO INCLUDE EVERYTHING
Lease payments are fixed for the period allowing you to budget for one easy monthly or quarterly payment for the total project.

PRESERVE BORROWING POWER
Other lines of credit from your bank remain intact for other credit needs. In addition to which, leasing is far more cost effective than bank borrowing as loan payments do not attract 100% allowances.

finance indication tool button

NOTE:  All Finance applications are handled by our partners and Finance Specialists - Plus Finance.  All Finance is subject to approval and credit status.