WHAT IS LEASING?
Leasing is quite simply the process of acquiring equipment via third-party finance and paying for it in manageable monthly amounts over a pre-agreed term. It’s like a loan, only the loan is secured by the assets that have been acquired, which allows for a lower rate of interest. By paying for the equipment monthly your customers will be preserving their hard-earned working capital and not tying money up in ever-depreciating assets. Most importantly, Leasing allows your customers to invest their money in more profitable activities – which enable your business to grow.
CUSTOMER BENEFITS? Let’s run through them one by one
- 1.PROTECT YOUR CASH-FLOW
Have the equipment you need now without affecting your companies cash reserves.
- 2.INCREASE YOUR PROFITABILITY
You can conserve your working capital and put it to use in other more profitable ways.
80% of the FTSE 500 lease their equipment and technology!
- 3.PAY AS YOU USE
You can pay for the equipment as it’s used and spread the cost through its working life, i.e. 1 to 5 years.
- 4.TAX ALLOWABLE
Leasing qualifies as an operating expense to your business, meaning each is payment is 100% tax deductible.
Credit approvals can be reached in minutes, paperwork can be issued digitally, for speed and ease!
- 5.AFFORD THE BEST QUALITY
With a manageable monthly repayment, you can afford the latest technology available. There’s no need to cut corners on your upgrade!
- 6.SIMPLE DIRECT DEBIT
One rental can include all equipment and ancillary costs i.e. consultancy, installation, training and delivery.
Spread the cost of all service costs, not just the hardware!
- 7.PAYMENTS ARE FIXED FOR THE TERM
Lease repayments are fixed for the duration of your lease, they do not fluctuate – making budgeting easy.
- 8.FLEXIBLE END OF TERM
At the end of the lease contract you are free to keep, upgrade or return the equipment as you please.