5 Key Benefits of Business Equipment Leasing

There are many reasons why businesses today are opting to lease v buy essential business equipment – anything from balers and shredders, gym equipment and office furniture through to software, tablets and telephones.

Here are just some of the benefits of going the asset finance route:

  1. Lease payments can be set against profit, thereby potentially reducing tax bills.
  2. Flexibility and cash flow boost: you can obtain the business equipment and technology you need without tying up available cash and lines of credit.
  3. Your business can also get an instant Return on Investment as once you make a set initial payment, you can acquire and start using the asset immediately, while spreading payments over the useful life of the equipment.
  4. Flexible repayments: lease payments can be tailored to match seasonal cash flow. You can also choose a fixed interest rate, which protects against interest rate rises and enables you to plan your budget effectively.
  5. Avoidance of equipment obsolescence and easier upgrades in the future: increasingly vital as more and more businesses are becoming technology-driven.

For more information about how leasing can be put to work for your business, contact our Client Services team on Tel: 01494 611 456.

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