Thousands of businesses in the UK use leasing and business loans to support their growth. How can we help you?
Allowing you to keep funds in your business for other uses
No need to use up an existing bank facility
On rental agreements VAT is paid in the rental, not in full and upfront
Using a lease purchase agreement, if your investment in assets in one year is £200,000 or under, subject to some HMRC conditions, this expenditure can be fully offset against Corporation Tax. For many customers, a lease rental is a great solution as all rental repayments are allowable against Corporation Tax
A lease repayment covers the cost of the equipment and interest. This makes internal allocation of costs very easy for those companies wishing to divide the cost by headcount, department or even square footage
It’s easy to budget for a fixed rental payment over a three or five year term
Would you pay a new employee three years’ salary in advance, probably not. So why pay for their desk, computer or car in advance?
Under the WEEE directive, you have an obligation to dispose of certain assets in an environmentally friendly way. If you rent the equipment, you can just hand it back at the end of the rental term.