10 benefits of leasing

Leasing provides a great number of benefits. Here are just 10 main benefits:

1. Tomorrows technology, today
Customers can take the advantage of the latest range of equipment and spread payments over a 2 to 5 year term.

2. Conserves working capital
Capital can be put to work for other more profitable purposes.

3. Payment reflects usage
Pay for the equipment as it is used and spread the cost through its working life i.e. 2 to 5 years.

4. Tax allowable
If a Company leases an asset it can claim a tax allowance for rentals it pays.

5. Upgrade facility
Take advantage of new equipment and ranges by simply upgrading or extending current usage.

6. Plan budgets
With rental payments, you know when and how much you have to pay. This is a FIXED TERM and FIXED RATE facility.

7. Acquire what is needed
You can acquire the equipment you need now, not just what you can afford.

8. Simple direct debit
One rental can include all equipment and ancillary cost i.e. installation, training, and maintenance costs.

9. Leasing does not affect existing credit lines
This has no impact on your existing bank facilities.

10. Flexible end of lease options
Terminate repayments and obtain title OR upgrade to new equipment.