Buying equipment is costly and drains liquidity - leasing can be cheaper
and more tax effective. Leasing is a method of funding which keeps
money in your business rather than tied up in depreciating assets,
with regular repayments to meet your cash flow and budgetary requirements
over a time frame to suit you. It’s a cost effective alternative
to paying cash.
The key principle is that it's the use of equipment in a business which produces
benefits, and not ownership. Leasing delivers that use, with the flexibility
to structure payments that maximise customer returns over the life of the agreement.
For customers liable to UK taxation, the ability to set payments against taxable
profits may improve tax efficiency.
Equipment Finance and Leasing currently provides solutions to corporate customers,
public sector bodies, the professions and a diversity of sole traders and partnerships.