Finance Lease is a well-established method of funding used by over 85% of the Times Top 100 Companies.

A wide range of assets can be funded, from cars, IT, office equipment and of course Laundry and Care Home equipment.

Finance Lease is best used where the equipment depreciates quickly and, or has a lower second-hand value.

Leasing is an agreement between the Lessor and the customer giving use of the equipment over an agreed period on the payment of fixed rentals on, usually a monthly or quarterly frequency.

With a Lease the equipment is owned by the Lessor, but the customer has uninterrupted use. At the end the agreement can be renewed, the equipment upgraded or returned to the Lessor.

Lease is very Tax Efficient as rentals are fully allowable against taxable profits. This can reduce the cost by up to 40% each year.