Leasing Purchase Options
With budgets starting from only £11.00 per week leasing has become an extremely viable financial option for many of our customers; the benefits are many and varied.
Seven good reasons why it's smarter to lease!
- 100% Tax deductible
- No initial capital outlay
- Competitive low repayment plan
- Annual budget planning is made simple
- Improves cash-flow (spreads the cost of payment)
- Gives you immediate access to the latest technology
- Lease purchase “you own the equipment at the end of the leasing period”
Buying your equipment on finance
We work in association with the Oxford Funding Company who source the very best finance packages for our customers. Oxford Funding will do all the work involved in getting your finance approved and the funding put in place. All agreements are subject to status.
Arranging finance is quick and easy
The Oxford Funding Company will take you’re details over the phone and aim to have a formal offer back to you the same or next working day. With rates and terms to suit most clients whether you are a new start-up business or well established company. Oxford Funding can often offer you a very cost effective means of acquiring the equipment for your business needs.
Leasing is often cheaper than traditional bank finance: Recently banks have found it difficult to lend money to new start or small businesses so rates are often better than your bank will offer.
Reducing your tax liability is an important part of business management
By allowing Oxford Funding to arrange lease finance for your equipment, you are also maximising the amount of tax that you can save. Lease finance is 100% tax efficient as it allows you to offset each payment as a taxable business expense, in the same way you would offset your other running costs, such as rent, heat and telephone.
Cash flow is the life-line of every business
It is extremely important for your business to remain cash positive (solvent). So if you need existing funds for working capital then leasing may be the correct way to pay for your equipment. It may also be that you simply don’t have the initial funds to buy the equipment. Provided the equipment earns more for you than it costs - it makes sense to borrow the money.