Join the majority. Some 85% of the Times Top 100 companies use lease finance to acquire business assets as well as professional firms and other organisations.
HAVE WHAT YOU NEED NOW
Have the equipment that is best for your business without capital expenditures. When you lease you are not restricted to the equipment you can afford at the time.
CASH IS KING
Use your cash where it will produce the best return in investment and operating activities.
KEEP YOUR OPTIONS OPEN
Retain your cash, bank facilities and other credit lines for more appropriate uses, such as working capital and short term funding needs. The equipment you need can be acquired without affecting other credit lines making further borrowing easier.
IMPROVE FINANCIAL CONTROL
Your finance payments will be fixed for the whole finance period avoiding the effects of inflation, making cash flow forecasting and budgeting simpler. You are protected from interest rate changes so will always know how much your future payments will be.
REMAIN FLEXIBLE
You can upgrade to new equipment if your requirements change. In many cases, by extending the length of the facility, you can acquire extra equipment without an increase in your payments.
SEE IT PAY FOR ITSELF
Let the payments coincide with the benefits of having the new equipment as they appear. After all, you wouldn't pay your staff's salaries 3 years in advance! The payments may be self-financing from the extra income obtained, or cost savings made, by having the new equipment.
TAX BENEFITS
On lease rental agreements all payments made are 100% allowable as an expense for tax purposes, often providing tax savings.
SPEED UP DECISION TIMES
If you have budgetary restrictions preventing capital outlay, leasing may by acceptable.
For more information on leasing options through Tailormade, call us on 01275 390590.