Leasing
Leasing deals are also referred to as rental, hire and finance
leases and allow you to benefit from the full use of an asset
with minimum initial cash outlay.
Payments have various options dependent on the contract,
but can be made in monthly, quarterly or annual instalments
- and the lease period is usually set to match the useful
life of the item that is being leased, normally from 2-5 years.
At the end of the agreement the equipment is sold to you
for an amount equal to one monthly payment - and the whole
of the rental (which is subject to VAT) may be offset against
tax.
Flexibility can be built into all of the above facilities
to meet your individual business requirements.
We can also accelerate payments to meet tax planning or budget
constraints, and similarly defer and offer payment holidays
or step payments as your business continues to grow.
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