Looking to spread the cost of equipment, LeaseTech.co.uk offers the following solutions:
Lease Rental
- Pay for use of the equipment without the burden of ownership.
- Total solution finance for computer hardware, software, telecoms, reprographics and general office assets.
- Fixed rental repayments from 12 to 72 months.
- Rentals are 100% tax deductible. (Subject to agreement with your auditors, the finance agreement may be treated as a revenue, rather than capital item, thus improving your business' financial performance ratios.)
- Leasing frees lines of credit so that a business can use them to develop more effectively. As your business grows, the requirement for working capital increases. Leasing offers an additional credit facility that cannot be recalled, providing the conditions of the agreement are met, and requires no additional security.
- Payments can be tailored to match your budgets, your business conditions, cash flow, equipment needs and tax situation. Protect your company from equipment obsolescence. The lease can be structured to include upgrades and partial or complete equipment swap out either within the term or at the end of the lease.
- 90% of Britain's top companies use leasing to finance their capital equipment.
Hire Purchase
- Fixed repayments from 12 to 72 months. Payments can be structured to meet your cash flow needs.
- VAT is payable on the full purchase price of the equipment at the time the agreement is signed, alternatively VAT can on occasions be financed within the payment structure of the agreement.
- Tax allowances - writing down allowances apply on a reducing balance basis with full tax relief on the interest element.
- Your company receives full ownership at the end of the agreement.
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