Benefits of Leasing - Growing your Business
Isn’t that what it’s all about? Whether you are a limited company, a partnership or charity, the essence of a business is to thrive - not be held back by cash flow problems.
Having access to funds to nourish growth is what we are all about. Nimble and flexible enough to react quickly and effectively to your requirements, we deliver financial solutions seamlessly. Enabling you to carry on with growing your business.
Our partnership with Axis has allowed many of our customers to replace old equipment and even take the plunge into larger projects while being able to spread costs and forecast spend. The team at Axis are always helpful and we are happy to pass communication directly onto our customers safe in the knowledge that they will be looked after. - Charlotte Evans, Director. Extrascope
Benefits of IT Leasing
Leasing equipment allows you to spread the cost of an asset over a period of time. You will therefore be able to earn income from the use of that asset or put your working capital to better use. Here are some very good reasons for going down the leasing route:
- Immediate access to Equipment
You can actually acquire much needed equipment now. There is no need to wait until funds are available and 100% financing means that deposits are not necessarily required
- Easier Budgeting
Fixed rentals, as they are not subject to fluctuating interest rates, allow you to plan for the future.
- Conserve Working Capital
Working capital can be put to more strategic uses, rather being invested in a rapidly depreciating asset base.
- Upgrade Options
Leasing allows customers to keep up with changes in technology and respond to industry pressures. Our upgrade facility allows for new equipment or software to be added during the life of the lease without necessarily increasing the rental payments.
- Protect Credit Lines
Leasing is an additional line of credit and does not impinge on customers high street banking facilities.
- Tax Efficiency
Payments are fully allowable against profits to increase tax efficiency and thereby reduce the net cost of renting the equipment.
- Tailored Payments
Rental agreements may be individually tailored to meet budgetary requirements. Agreements may be for terms from 1 year to 7 years, and incorporate holiday periods, irregular profiles and stepped rentals.
- Spread the VAT
You spread this cost throughout the life of the lease instead of having to pay it all upfront