Finance

Alternative Finance option

Alternative Finance Option Benefits

Do not use your working capital
Alternative finance option
Lease or lease purchase

 

  • No Major Upfront Costs
    There is no need for a major outlay to acquire the new equipment.
    A small outlay by Direct Debit is all that is required.
  • PAYE
    The majority of capital asset acquisitions are for one of two purposes – to make or save money.
    No up front costs with a lease means the business can obtain the machine and then experience the savings or additional profits to pay the future lease rentals.
  • Fixed Payments
    All of our leases are on a fixed interest basis and remain constant irrespective of what happens to bank base rates, which leads to accurate budgeting.
  • Tax Deductible
    All of the payments made under a lease agreement are treated as an operating cost and therefore reduce the taxable profit of the business by 100% of the payments.
  • Alternative Funding Source
    In using leasing to acquire their machinery, customers protect their other lines of credit, such as loans or overdraft facilities, and conserve any available capital, thereby matching the funding to the working life of the equipment.
  • Ability To Have Best Product Available
    The cheapest option is rarely the best option in the medium to long term.
    With business equipment it is imperative that the very best machine with the latest technology is obtained by the client.
    In using the leasing option and paying for it out of future savings or profits it is easier for the end user to rationalise the more expensive, better product rather than the “quick fix”, cheapest cost to the business.