WHAT IS LEASING?

Leasing is a contract between the funder (lessor) and a customer (lessee), giving the customer the use of the equipment in return for payment of rentals over an agreed period. The lessor retains ownership of the asset, which means that the customer pays to use the equipment over a set period of time - typically the agreed working life of the equipment.

In a nutshell, leasing provides you with alternative business funding.

WHAT ARE THE BENEFITS OF LEASING?

Leasing Conserves Cash Reserves.
Leasing enables you to acquire the solution you need without making a substantial lump sum cash payment. This can then be used to better effect elsewhere in the organisation - such as product development, new staff or new business opportunities.

Leasing Is Tax Efficient.
If you pay corporation tax, leasing can be particularly attractive. Payments may be deducted from taxable profits and so the net cost of leasing the equipment is reduced.

Leasing Offers Fixed Payments.
Payments are fixed for the term of the lease, protecting you from changing interest rates. Knowing the amount of future payments enables more accurate budgeting and cash flow projections. And because payments are fixed, the true cost of leasing diminishes over time as the value of money depreciates.

Leasing Keeps Credit Lines Intact.
When you lease equipment, existing credit lines, such as any arrangements with your Bank, remain intact. This gives you the additional flexibility to use these arrangements, if necessary, in the future.

Leasing Provides Upgrade Options.
The flexibility of leasing allows your organisation to keep up with changes in technology and respond to any industry or competitive pressures.

Leasing Offers Flexible Payment Profiles
Payments can be made on a Monthly, Quarterly, Bi-Annual or Annual basis.

Leasing Can Provide 100% Financing
In most cases, all of the costs of a solution can be covered in your payments. We will finance equipment and services from a variety of suppliers, thereby simplifying your payments.