Leasing
Also known as a “Rental agreement or Finance Lease”.
Leasing is the most popular and common method of financing equipment.
Low or no deposit to pay, fixed monthly payments, tax efficient and the supplier is paid once they have delivered or installed the equipment,
Typically an agreement runs from 12 months to 5 years but longer terms are possible subject to the type of equipment funded.
Seasonal or annual payments (for Schools etc) can be arranged. VAT is applied to each payment.
Using third party leasing leaves your bank line free for other uses.
Leasing can be used to acquire virtually any type of asset.
Assets Suitable for a Financial Lease
The list of assets suitable for a financial lease is vast, they include:
Agricultural Equipment
Buses and Coaches
Cars for Business
Air Conditioning
Engineering Equipment
Food Processing Equipment
Industrial Equipment
LCVs and HGVs
Leading Edge Technology
Manufacturing Equipment
Plant and Machinery
CCTV
London Black Cabs and Taxis
Gaming and Vending Equipment
Waste and Recycling Equipment
Construction Equipment including Scaffolding and Access
Computer Hardware, Software and Associated Installation Costs.