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Saves
working capital
If you buy equipment outright your capital becomes tied up in a
depreciating asset, preventing you from investing in other projects,
whereas financing the equipment allows you to save resources for
new business opportunities and unexpected needs.
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Easier
budgeting
Payments are fixed throughout the agreement and are not affected
by inflation or changes in interest rates. You can accurately plan
for lease payments in advance, helping to simplify budgeting.
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Maintains
credit lines
If you lease the equipment, existing credit lines with your bank
remain intact. You therefore retain the flexibility to use your
bank's facilities in the future.
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Upgrade
options
Leasing allows your business to keep up with changes in technology
and respond to any market or competitive pressures. You can add
to or upgrade your original installation to accommodate changes
in your requirements.
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Tax
efficient
If you pay corporation tax, leasing payments may be deducted from
taxable profits, which reduces the net cost of leasing the equipment.
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Convenience
Your payments can be made by direct debit. You can avoid unnecessary
time organising payment for equipment rental invoices.
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100%
financing
A deposit need not be a prerequisite to the finance arrangement.
You simply make regular payments throughout the life of the agreement.
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Regular
payments
Leasing helps you spread the cost of using equipment over a pre-agreed
period by making regular (usually quarterly) payments instead of
a large capital outlay.
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