Leasing
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| We understand that capital purchases are not always a simple option. That's why, through our finance partners, we can offer excellent leasing packages to suit all budgets and also to cater for start-up businesses. |
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Benefits of Leasing
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Payments are 100% allowable against taxable profits making this the most efficient form of financing available, whereas capital allowances reduce due to depreciation. |
The total VAT is spread across the term of the agreement without penalty. For cash purchases, the total VAT has to be met in full at the time of purchase. |
At any time during the agreement additional equipment can be added without penalty. Cash purchases dont offer upgrade option. |
Ownership of the equipment can be passed to the customer at the end of the agreement. Typically this is subject to a “one off” fee equivalent to 1.5% of the original capital cost of the equipment. |
Off balance sheet funding. Owned equipment is a depreciating asset and thus corresponds to a reduction in cash reserves. |
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Figures are for illustration only. For an accurate quotation call 01422 349083