WHY WOULD CUSTOMERS WANT TO LEASE?

Payment schedules tailored to your needs

Why outlay large sums of your capital when you can spread the cost over a series of regular payments tailored to suit your needs. Leasing payments are spread over a period of 3 or 5 years.

Keeps working capital working

When you buy equipment, you tie up your money in an asset that is losing value from the moment you own it. That means you cannot use your working capital for other projects - and worse still, it is actually losing value! In contrast, leasing keeps working capital free for growing your business, emergency expenditure or for covering short-term cash flow problems - thereby making your business more stable.

Stable, predictable and reliable

With a lease, you pay exactly what you agreed. No more; no less. Unlike bank loans or overdrafts, your lease payments are not affected by changes in interest rates, so you can plan accurately for the longer term.

Keep your credit facilities intact

When you lease equipment, you do not need to use your existing lines of credit, such as overdraft arrangements and loan facilities. By keeping them free, you have the flexibility to use them when and if the need arises. Use up your options today and what have you to fall back on tomorrow?

Future proof flexibility

You don't want to be stuck with your original choice of machine if your business suddenly expands. Neither do you want to miss out on the benefits of new products and technologies coming on-stream! Unlike an outright purchase, leasing allows you to offset industry or competitive pressures by upgrading, altering or radically reconfiguring your original installation any time during the lease agreement or at its end.

Minimise your corporation tax liability

When you buy outright, you are using profits - and the payments will be treated as part of your profit for tax purposes. Lease payments, on the other hand, are tax deductible - so the overall cost of your equipment is reduced.

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