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Leasing is a Tax efficient way of spreading the cost over a set period of time (2,3,5 years,etc).
Leasing Benefits
Low Initial Outlay - a cash flow benefit, your cash can be put to better use within the business.
Vat spread across the term of agreement – another cash flow benefit.
Low Initial Deposit
100% tax relief allowed on each monthly payment. The total monthly payment can be deducted as a trading expense. Bank borrowing is generally less efficient as it's only the interest that can be claimed.
Rentals are fixed for the duration of the contract.
Immediate use of new equipment without large outlay.
Payment schedule to suit your requirements.
Fast Decision on your application.
Retain the equipment - Equipment becomes yours at end of agreement with one month’s payment
Funding is not secured against Bricks and Mortar
Leasing applications are subject to status and credit scoring.
Quotations are for business purchases only.
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