Many of our printers and plotter/cutters are available on extended credit terms subject to credit status. Our credit status references are obtained via Experian/Companies house. Companies must be at least 2 years established with full trading history registered at companies house before we can consider high value extended credit.
Speak to us on 01772 250207.
All limited companies in the UK and Ireland are able to apply for finance our equipment through our chosen finance partner which is subject to status, underwriting approval and will be subject to their standard terms of business. Finance Lease and Hire purchase options are available so to enable you to choose the best payment option for your business. We have included leasing solutions for all types of businesses including new start businesses as we recognise that capital expenditure costs are often underestimated when people look to expand their business or start up a new business. The leasing of equipment can spread the cost, and crucially in the early years, help cash flow.
Lease finance provides an additional credit facility and is separate from bank borrowing or other facilities that you may need to call on for vital investment needs.
Lease finance facilities give you the comfort of knowing exactly how much your monthly payments will be. The rentals are fixed for the duration of the agreement, unlike many overdraft facilities and high street banks loans that are subject to rate changes. It also allows you to stay ahead of technology developments whilst also maintaining a healthy cash flow. As your requirements change simply add or upgrade your existing equipment at any time during your agreement.
Finally, Lease finance can provide you with a one-stop shop for your requirements and with one simple monthly lease payment we can cover many intangible items that might not be able to be funded elsewhere, including software, support, maintenance and services.
Tax Allowances Lease finance can offer your business significant benefits over using vital cash resources to acquire new equipment. As lease payments are 100% allowable against pre tax profits the true cost of your lease is dramatically lower than you might think. During the term of the lease the cost can be offset as a trading expense.
Outright purchase may reduce the tax deductible allowances you receive whilst also tying up valuable capital that limits your company’s ability to grow.
Total cost of Rentals:> £7,280.39
Tax relief at 20% of Total cost: £1456.08
Total Cost Minus Tax Relief: £5,824.31
(Note: These figures are exclusive of VAT and based on the 20% Corporation tax rate).