Environmental Information

Why Do Companies Lease?

Fixed Payments, Budget Convenience - Unlike many overdraft facilities and high street bank loans that are subject to rate changes a rental facility gives you the comfort of knowing exactly how much your payment will be as the rentals are fixed for the duration of the contract.

Preserve Other Credit Facilities - The leasing option is completely separate from other banking facilities and provides an additional credit facility.

Equipment Can Be Upgraded - This facility allows you to stay ahead of technologiccal developments whilst also maintaining a healthy cash flow. As your requirements change simply add to or upgrade your existing equipment at any time during your agreement.

Valuable Tax Advantages - Lease rentals are 100% allowable against pre-tax profits. In real terms a minimum of 25% tax relief is available therefore reducing the overall expenditure. Outright purchase not only ties up capital, it also reduces tax deductable allowances.