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24th July, 2008

Photocopier Leasing Guide

 
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Saves working Capital
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Easier Budgeting
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Future Credit Line Facility
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Upgrade Options
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Tax Efficient
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Convenience
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Regular Payments & 100% Financing
 
• Saves working Capital
If you buy the equipment outright the capital invested, becomes tied up in a depreciating asset. This means it cannot be used for other projects. Leasing equipment, on the other hand allows you to save resources for other purposes such as new business opportunities, responding to unexpected problems, product development or marketing.
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• Easier Budgeting
Payments made throughout your lease agreement are not affected by changes in interest rates. So unlike a bank loan or an overdraft you can plan accurately for lease payments in advance.
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• Future Credit Line Facility
If you lease the equipment existing credit lines, such as arrangements with the bank, remain intact. This gives you the additional flexibility to use these arrangements if necessary in the future.
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• Upgrade Options
Leasing allows your business to keep up with the changes in technology and respond to any industry or competitive pressures. Your original installation can be altered, added to or completely changed either during or at the end of the lease agreement to accommodate any changes.
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• Tax Efficient
If you pay corporation tax, leasing can be particularly attractive. Leasing payments may be deducted from taxable profits, which reduces the net cost of renting the equipment.
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• Convenience
You can make leasing payments by direct debit. This helps you to avoid time in organising payment for equipment rental invoices.
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• Regular Payments & 100% Financing
When you lease you make a series of regular payments instead of a large capital outlay. Leasing payments are spread over a period of 1 - 5 years on the profile that is most suited to you (monthly, quarterly) and we also have semi annual and annual profiles available
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