Leasing for Small Business
Investing in new equipment or technology can transform a small business. It can make you slicker, more competitive and more profitable. While cash flow is often a challenge, leasing gives you access to what you need, without tying up capital or stretching bank facilities.
Check out the six key benefits:
Benefits of Leasing
Preserve cash flow
Profit while you pay
Profit while you pay
Spread the cost over time rather than paying upfront. Keep your working capital available for stock, wages and growth.
Profit while you pay
Profit while you pay
Profit while you pay
Put the asset to work immediately. The income it generates can help cover the monthly rentals.
Better not cheaper
Profit while you pay
Better not cheaper
Leasing allows you to select the right equipment for your business — not just the option your cash balance dictates.
Protect bank facilities
Potential tax advantages
Potential tax advantages
A lease is secured against the asset itself, helping preserve overdrafts and credit lines for when you really need them.
Potential tax advantages
Potential tax advantages
Potential tax advantages
In most cases, lease rentals are allowable business expenses and VAT can be reclaimed (subject to status).
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Potential tax advantages
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Many agreements allow for upgrades, helping your business avoid being stuck with outdated technology.