Business Equipment Leasing
Business customers are faced with three choices when buying equipment. Do they pay using their own cash, with a loan or should they lease?
Leasing ultimately enables you to equip your business today at an affordable fixed monthly cost leaving work capital free to develop your business tomorrow.
THE KEY BENEFITS OF LEASING
- No Large Up Front Costs
Most businesses earn revenue over time, but have to pay for equipment up-front, in one go. Why pay out in one lump sum when with leasing you can pay a small amount every month/quarter? Businesses prefer to pay as they use!
- Cash
Cash is king and it makes good sense to use it for expansion or critical business needs. Leasing for office technology preserves precious cash
- Budget Management
Leasing through W.E.B.S Ltd using Grenke ensures a fixed manageable monthly payment. Irrespective of interest rate rises. The low monthly cost of rental is fixed enabling accurate budgeting
- Preserving Credit Lines
W.E.B.S Ltd can offer leasing from £500 upwards. You can preserve your existing bank lines and optimise your use of commercial credit sources
- Technology Upgrades
Leasing allows the customer to take advantage of technology improvement at a time of their choosing and at a reasonable cost. By contrast a business that owns IT equipment can only upgrade by re-investing and disposing of the existing asset.
Flexible Payment Levels - Businesses can choose the payment level. W.E.B.S Ltd offer a range from 2 - 5 years. The customer selects the right option so they can have the technology they need at a price they are comfortable with.
Tax Advantages - Leasing is 100% tax allowable and can effectively be self-financing ...... e.g
Cost of IT Solution £5,000
3 Year Finance Lease @ £173.60 x 36 = £6,249.60
Total Payable = £1,249.60 interest over 3 years
Leasing is 100% tax deductible so assuming tax rate is 30%
£6,249.60 x 30% is £1,874.88
The reduction in tax to be paid (£1,874.88) more than cover the interest charge (£1,249.60) Plus ..... you have had the use of the asset for the last 3 years!
at an affordable fixed monthly cost leaving working capital
free to develop your business tomorrow.
