Benefits To Customers Of Using Leasing
Leasing instead of purchasing technology solutions offers several benefits to a customer’s business.
Improved Return on Investment(ROI) and faster payback;
With leasing you are able to use the equipment and derive the benefits to your business it was designed to achieve whilst paying for the solution, so enhancing the ROI and payback. This analysis may be critical in determining whether a project is financially viable.
Upgrading Equipment;
As technology evolves or requirements change your equipment can be expanded or upgraded at any time, often without the need to change your contracted monthly payment
Fixed Payments';
Unlike many overdraft facilities and high street bank loans that are subject to rate changes, leasing gives you the comfort of knowing exactly how much your payment will be as the rentals are fixed for the duration of the contract.
Preserve other Credit Facilities;
Leasing is completely separate from other banking facilities so your other credit facilities remain intact.
Tax Advantages;
Lease rentals are 100% allowable against pre-tax profits. Outright purchase not only ties up capital but it also reduces tax -deductible allowances.
We can provide a full Lease Vs Purchase discounted cashflow analysis, if required, please contact us.