No Large Upfront Costs – Most businesses earn revenue over time, but have to pay for equipment upfront, in one go. Why pay out in one lump sum when with leasing you can pay a small amount every quarter? Businesses prefer to pay as they use!
Cash – Cash is king and it makes sense to use it for expansion or critical business needs. Leasing for office technology preserves precious cash.
Budget Management – Leasing ensures a fixed manageable payment. Irrespective of interest rate rises. The cost of rental is fixed enabling accurate budgeting.
Preserving Credit Lines – with leasing available 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 reinvesting and disposing of the existing asset.
100% Tax Allowable - Finance Lease rentals are 100% allowable against pre-tax profits. This means that the total cost of your investment - both capital and interest - can be offset against tax during the lease period, with the leasing payments deducted as a trading expense
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