Supporting Woodworkers and the Manufacturing Industries since 1961

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Leasing Now Available

Customer benefits of equipment leasing

 

1.     Tax deductible

 

Depending on your status all the payments made under a lease are treated as an operating cost and therefore reduce the taxable profit of the business by 100% of the charges.

 

2.     Fixed payments

 

All of our leases are on a fixed interest basis and remain constant irrespective of what happens to the bank base rate, which leads to accurate budgeting.

 

3.     P.A.Y.E

 

The majority of capital asset acquisitions are for one of two purposes, to make or save money. No upfront costs with a lease means the business can obtain the equipment and then experience the savings or additional profits to pay the future lease rentals.

 

4.     No major upfront costs

 

There is no need for a major outlay to acquire the new equipment. A small outlay by direct debit is all that is required.

 

5.     Alternative funding source

 

In using leasing to acquire their capital equipment, end users protect their lines of credit, such as loans, or overdraft facilities and conserve any capital available.

 

6.     Best product available

 

The cheapest option is rarely the best option in the medium to long term. With capital equipment it is imperative that the very best solution with the highest quality and latest technology is obtained. In using the leasing option and paying for it out of future savings or profits it is easier for end users to rationalize the more expensive, better product rather than the quick fix cheapest cost to the business.