Finance Options

Why Use Finance

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Why Use Finance

Many thousands of businesses choose to Lease equipment because of the advantages it provides, which include;

Saves Working Capital

  • If your customer buys equipment outright, the capital invested becomes, in effect, tied up in a depreciating asset, which means it cannot be used for other projects. Leasing the equipment allows your customer to save the money for other purposes, such as making the most of new business opportunities, responding to unforeseen problems or simply investing in business development or marketing.

Easier Budgeting

  • Payments made throughout the customer’s leasing agreement are not affected by changes in interest rates. So unlike a bank loan or overdraft your customers can accurately plan for lease payments in advance. This helps simplify the budgeting process.

Maintains Existing Credit Lines

  • If your customer leases equipment, existing credit lines, such as arrangements with the bank, will remain intact. This gives the customer additional flexibility to use these arrangements if necessary in the future.

Upgrade Opportunities

  • Leasing allows businesses to keep up with changes in technology, respond to competitive activity, increases in business growth, even legislation changes. An original installation can be altered, either during or at the end of the lease, to accommodate unforeseen changes in the businesses needs.

Tax Efficient

  • If your customer pays, corporation or business tax, leasing can be particularly attractive. Leasing payments are usually fully allowable against taxable profits, which reduces the net cost of leasing the equipment substantially.

Convenience

  • By providing leasing at the point of sale, your customer does not need to go looking for finance after making the decision to acquire new equipment. Your customer can also make leasing payments by direct debit, which avoids the need to organise payment for the equipment on a quarterly basis.
  • The payment frequency can be fixed to suit your customer. Monthly, Quarterly, Semi - Annual or Annual payments. For special situations, payment frequencies can even be structured to fit with seasonal cash-flow circumstances.

No Deposit Funding

  • Leasing does not usually require deposits. Just the first rental is required from the customer to start the lease and get the supplier paid.

Businesswoman w/ chart

Finance Options Consultancy.
8 Elm Trees, Long Crendon, Aylesbury, Buckinghamshire. HP18 9DF
 
Telephone 01844 202845    Fax 01844 202846