Whether you are an
SME, a government department, a school or large corporation there is
a benefit for your organisation.
SAVE WORKING CAPITAL
When businesses buy equipment outright, the capital invested becomes tied up
in a depreciating asset, preventing them from investing in other projects. Leasing,
on the other hand, allows you to save resources for other purposes, such as new
business opportunities, unexpected needs, business development or marketing.
Payments are fixed for the full agreement period and are not affected
by inflation or changes in interest rates. Therefore businesses can accurately
plan for their finance payments in advance, helping to simplify the budgeting
MAINTAIN EXISTING CREDIT LINES
With an Equipment Finance and Leasing solution, existing credit lines arranged
with a bank or other funders remain intact. As a result, businesses have the
additional flexibility to still use their bank’s facilities if necessary
in the future.
A deposit need not be a prerequisite of the finance arrangement. Businesses simply
make regular payments throughout the life of the agreement.
With many forms of finance agreements, payments may be offset against taxable
profits, reducing the net cost of leasing the equipment.
Finance allows businesses to keep up-to-date with advancing technology and to
respond to changing needs. Businesses can add to or upgrade their original installation
to accommodate unforeseen changes in their requirements.
Payments can be made by direct debit. Multiple payments can be collected on one
single monthly or quarterly direct debit, saving on bank charges and administration.
Individual finance agreements, including contract lengths, are tailored to meet
the particular needs of each business, ensuring that the payments match the company’s
existing and planned budget.