Spread the cost | Manage cashflow | New equipment
Leasing is one of the most popular methods of financing new equipment today. Essentially any item is available to be leased. Although you may be in a position to purchase the equipment outright, it may be important to consider the following few points:
No. Your monthly payment is fixed at the start of the lease and so are unaffected by interest rate rises. This enables you to budget your cash flow more accurately. As inflation rises, because your payments are fixed the cost of the equipment reduces in real terms.
All payments are mainly made by Direct Debit on the same date each month.
If you use all your cash, or any overdraft facilities, you leave yourself in a vulnerable position to react to any unexpected needs of short-term borrowing. By leasing you don’t need to find the whole invoice amount “up front”.
Nearly every market sector large or small benefits from leasing, from new start business to large established companies.
Yes. Payments can be offset against your tax liabilities. Your accountant will be able to give you more information on this.
You normally only pay one Monthly payment in advance with a lease agreement*; this enables you to choose the best equipment available with only a small initial cash outlay. You can therefore have the best equipment available with the latest technology with only a small initial outlay, and start to enjoy the extra profits this generates before your next lease payment is due.*Subject to terms and number of years trading
Prices quoted are for guidance purposes only, and will depend on your circumstances and number of years trading. All finance is subject to terms and conditions and credit checks.
RGB uk (eCanvas) is approved by the FCA with limited permission credit broking authority. FRN BXR01462. You are advised to consider if the credit agreement you are undertaking is the correct product for you.
Spread the cost | Manage cashflow | New equipment
Lease payments are tax efficient*
Enter your information and we will call you back or call 0118 934 4426 to speak to us directly.
Done here? Why not check out our youtube channel for more informative while interesting content!
