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Leasing
Benefits
LEASING IS ALMOST
ALWAYS A CHEAPER METHOD OF
BUYING YOUR
ASSETS!
This is a bold statement
to make and here’s why
you should consider leasing
your equipment or purchase,
before dipping into your hard
earned business funds. Over
the years, Technology Leasing
have funded everything from
IT Hardware to Hovercraft;
medical equipment to
mezzanine flooring and many
other weird and wonderful
assets. The message is simple
- whatever your need, you
have found the experts in the
arrangement of finance and
leasing for technology,
equipment and assets.
•AQUIRE THE
LATEST TECHNOLOGY
– Leasing allows you to
buy the latest technology,
today, and at the end of the
lease, either upgrade or buy
the equipment already in use
for a nominal amount.
•MINIMISE
YOUR TAX BILL
– Each repayment is a
“lease rental”
and as such, you are allowed
to write off each
“rental” as a
business expense –
therefore reducing the tax
you pay on your profits.
Buying your equipment
outright means you can only
“write off” a
percentage of the total cost
– meaning that you
could pay more tax than if
you had leased!
•MOST ASSETS
DEPRECIATE – A
wise man once said “If
it appreciates in value
– buy it. If it
depreciates in value –
finance it”. Why would
you want to tie up valuable
funds in assets that are
depreciating? Most businesses
no longer buy company cars -
so why would you buy IT
Hardware or Office Equipment?
– It makes more
commercial sense to
Lease!
•FIXED
BUDGETING –
You will know how much that
piece of equipment will cost
you every month for the term
of the lease –
maintenance can even be
packaged as part of the
lease!
•REDUCE
FINANCIAL EXPOSURE TO YOUR
BANK – This
line of credit is separate
from that of other commercial
lending lines. Put simply,
this won’t affect your
ability to borrow from your
bank. This leaves valuable
banking lines for unforeseen
expenses or harder times
– i.e. for when you
really need them.
•OFF BALANCE
SHEET FINANCE -
Leasing is know as
“off-book”
accounting as your company
doesn’t own the asset.
Therefore with leasing, the
asset won’t be sat on
your books depreciating
– The “lease
rental” payments are
written on your P and L but
don’t adversely affect
your balance sheet.
•REDUCE
CASHFLOW STRAIN
– Especially important
for newer businesses. With
leasing, you only have to pay
one payment in advance and
can then rely on a FIXED
payment – rather than
having to fork out the entire
amount in advance.
•LEASING IS
FOR ALL! – INCLUDING
START-UPS! –
We have arranged financial
agreements for all types of
businesses, in all types of
commercial circumstances
– from start-ups to
FTSE 100 companies. This
should give you a flavour of
the many benefits that
leasing has to offer your
business.
Why Use
Leasing -- See Our Leasing
Video
We would very much like
the opportunity to have NO
OBLIGATION conversation with
you, in order to further
understand your business.
Please call 0800 242 5456 or
request a call back and a
leasing specialist will call
you shortly.
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