In the current unpredictable economic climate, we are well aware of the need for businesses to drive down their costs and improve their cash flow. As a result of this and an awareness that we need to be pro-active for our customers, we can offer flexible leasing options and payment plans.
Any sale value exceeding £1,000 which a business requires to function can be financed.
Why lease equipment?
The simple fact is that leasing is more affordable than a cash purchase because no deposit or up-front payment is required. Also, if you lease your equipment, existing credit lines such as arrangements with the bank remain intact. This gives you the flexibility to use these facilities at a later date to invest capital in other areas of your business, whilst continuing to have the equipment you require.
Leasing also removes the risks of ownership associated with owning depreciating assets and facilitates positive cashflow – vital to any business. Leasing an asset, for example a radio, means you can fix the cost and make regular payments over a defined period of time. You do not have to account for depreciation of that asset on your balance sheet, and not concern yourself with its disposal at the end of the rental period. And in linking cost to potential benefit you do not have to find a large up front lump sum which then needs to be recouped over a number of years. Leasing two way radios with us could not be easier.... We have a large selection of products available that are eligible for lease. You can choose the time scale and quantity (terms apply).
Why do companies lease ?
They lease to conserve capital. They lease because they can make more money from what they buy than what it costs them, finance costs included. And they lease so they can pay while they use it instead of before.
When companies lease they don’t need to wait to create the capital to purchase or acquire the asset. They use the lessor’s cash and let the productivity gains or cash savings generate the capital to cover the ongoing costs.
Businesses which lease make fewer compromises on what they acquire and can generally afford to buy more.
Finally, whilst your mother may have told you that it may not always be wise to follow the crowd, there is a reason why every single FTSE 100 company and all of the major accountancy firms lease. It makes sound financial sense.
What to know more?
There are many more reasons and benefits associated with the leasing of business critical assets and equipments simply give us a call to discuss on 0800 043 2688 or contact us here.