 |
 |
 |
|
 |
|
 |
|
|
There are many advantages for using leasing, including
- Saves working capital - If you buy equipment outright your capital becomes tied up in a depreciating asset, preventing you from investing in other projects, whereas financing the equipment allows you to save resources for new business opportunities and unexpected needs.
- Easier budgeting - Payments are fixed throughout the agreement and are not affected by inflation or changes in interest rates. You can accurately plan for lease payments in advance, helping to simplify budgeting.
- Maintains credit lines - If you lease the equipment, existing credit lines with your bank remain intact. You therefore retain the flexibility to use your bank's facilities in the future.
- Upgrade options - Leasing allows your business to keep up with changes in technology and respond to any market or competitive pressures. You can add to or upgrade your original installation to accommodate changes in your requirements.
- Tax efficient - If you pay corporation tax, leasing payments may be deducted from taxable profits, which reduces the net cost of leasing the equipment.
- Convenience - Your payments can be made by direct debit. You can avoid unnecessary time organising payment for equipment rental invoices.
- 100% financing - A deposit need not be a prerequisite to the finance arrangement. You simply make regular payments throughout the life of the agreement.
- Regular payments - Leasing helps you spread the cost of using equipment over a pre-agreed period by making regular (usually quarterly) payments instead of a large capital outlay.
|
|
 |
|
|
|
 |
 |
 |
 |
 |
|
|
