Leasing facilities are available for business customers including Sole Traders, Partnerships, Ltd Companies, PLCs and Public Sector bodies. Please complete the form below and click Submit, and our lease partner will contact you directly.

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Whether you are a sole trader, a PLC or a government department, cash flow is the life blood of business. When it comes to spending large chunks of it on IT equipment, sooner or later the same question will come up; is it better to buy the equipment outright or to lease it? Below we will try to show you that from a cash flow point of view leasing has considerable advantages.

An up-and-coming sales company has decided that it needs to update its ageing servers. They have decided that the network upgrade will cost a total of £11,750 inc VAT, they have also decided that they expect to expand further within in the next 3 years to ensure that they don't fall behind the technology stakes again. The following two scenarios show the financial benefits of leasing against buying.

   

The Result

Even though the lease rental has a higher cost of £2,348 the ability to claim all payments against profits compared to the £5,781 for the outright purchase shows the tax benefits of leasing equate to almost £2,000 - a net cost of difference of £378 but have had the benefit of £10,000 working in the company, or sitting earning interest or avoiding onerous overdraft charges.
 

• The rentals are fixed and will only change if there is a change in taxation rates i.e. should VAT go up or down.
• The finance company is under no circumstances responsible for the quality or maintenance of the equipment or any warranty issues that may arise. Service and maintenance is your responsibility, warranty issues that of the manufacturer or supplier.
• The equipment does not belong to you during the term of the agreement, and therefore you may not sell it until such time clean title is transferred.
• You must keep the equipment insured under your insurance policy; if it is broken or stolen you will be liable for its replacement or repair.
• A minimal document fee is charged by the finance company and is payable with the first rental payment.
• Interest charges may be levied for late payment.
• Always read the terms and conditions carefully before entering into any lease agreement.

How to use Leasing

You may want a new Network but think it's a lot to pay out in one go. Now you don't have to worry about finding the lump sum, our leasing facility enables you to make the most of your budget by spreading the cost of the equipment over a period of time. This can make a big difference to your cash flow if you are buying for a whole department or company. Because we deal with leasing providers who specialise in IT finance, you are able to lease the entire system including accessories, software and even the support. You can even upgrade your system before the end of your lease, enabling a consistent revenue budget to keep your networks totally up to date.
 

What is leasing?

Leasing is a financial contract between your company and a leasing company. You will be committed to repay a given number of fixed payments for the term of the contract, for example; 36 monthly payments of £250 as opposed to an upfront spend of £8,000. We supply the goods to you and we are paid by the leasing company i.e. you are effectively renting the goods from the leasing company for the duration of the lease. The goods are owned by the leasing company at all times. Because you are renting and not buying the goods you can claim 100% tax allowance on the payment.
 

Who can apply?

Lease finance is available to all companies within the European Union, which includes sole traders, partnerships, limited companies, PLC's, national, and local government departments, schools, universities, hospitals & charities. The minimum price that would qualify for a lease is in the region of £2000 + VAT and there is virtually no upper limit.
 

Easy to arrange

It is very easy to arrange a lease - just call us with your requirements to get an instant quotation on your equipment you need. Please note that the figures quoted may change depending upon the credit rating and status of the applicant. We handle all the paperwork and all you have to do is sign the appropriate forms which are sent to you.
 

Educational / public sector special rates

If you are looking for finance for state schools, universities, national and local government departments and hospitals we can offer highly competitive rates or deferred payments. Please call to discuss your requirements.