Whether you´re starting or expanding a business, cash is often in short supply. One way to save your cashflow is to lease equipment instead of buying it.
Renting is also an option but is really much too expensive to consider as a long-term prospect.
Improved Cash Flow – Instead of one substantial payment, the cost of the acquisition is spread over a number of regular payments. These payments can be set to match individual requirements, including seasonal cash flow circumstances.
Fixed Payments – Payments are fixed for the term of the contract. Customers are protected from changing interest rates, enabling accurate budgeting and cash flow projections.
Cost Efficient – It’s advantageous to pay for technology over the period that the system or asset is delivering benefit to the business. Payments can be structured so that they match the realisation of the benefits in terms of increased income or cost savings.
Payment Profiles – Payment profiles can be structured to meet budgets, roll-out schedules and/or cash flow requirements.
Tax Advantages – Leasing payments may be offset against tax.
Technological Change – The flexibility of a lease allows you to upgrade ageing or obsolete equipment for more technically advanced products.
Choose The Equipment Needed – When leasing, you are not limited to acquiring the equipment you can afford to pay at the time. Monthly payments enable you to select the equipment that is most beneficial for your business.
Easy Equipment Disposal – At the end of term, equipment can be returned to the lessor avoiding equipment disposal issues or costs.