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As an alternative to outright purchase, leasing is a method of funding which keeps money in your business rather than tied up in depreciating assets, with regular payments over a time frame to suit you. In today's financial climate, it is a very cost effective alternative to paying cash.
The main principle of leasing is that it is the use of the equipment, rather than its ownership, that produces benefits, so your company can reap the benefits and paybacks of use from day one, with just one modest deposit paid in advance. Whilst you are gaining an immediate return on your investment, you can pay back the remaining balance over a 3, 4 or 5 year period, at regular monthly or quarterly intervals.
Some leased items can also be classed as 'off balance sheet' and for customers who pay UK taxation, it's a very tax efficienct way of purchasing capital equipment.
Leasing, apart from improving cash flow, also releases your capital for growth and development opportunities.
Use our Leasing Calculator to see how much leasing our product could cost you.
The Lease Calculator is for indication purposes only
Only the selected option will work here, for any other variations please contact us.
Finance is subject to status.