Business Equipment Finance makes acquisition more affordable
by spreading the cost over the useful life of
the equipment. Finance enables
companies to retain their capital for more profitable use elsewhere and to protect
their bank facilities.
Business Equipment Finance makes good commercial sense for most companies; most leases
are taken over
three or five year periods and are generally paid quarterly by
Direct Debit. All types of equipment can be leased
ranging from computers to
industrial plant, even the likes of software and cabling can also be financed.
Finance rentals, which are fully tax allowable are normally fixed for the duration
of the agreement thereby helping
with forward budgeting.
The most common type of Business Equipment Finance is the ‘finance lease’ where the
customer pays for the use
of the equipment over an agreed term. In addition
to Finance Rental is Finance Purchase which gives the customer
ownership at
the end of the term and the benefit of any capital allowances together with
tax relief on interest paid.
Operating finance are also available on some types of equipment and business
or commercial loans are a further
useful funding method.
System Rentals have specialised in providing Business Equipment Finance to companies of all sizes since 1987.
Leasing and Finance solutions from System Rentals Ltd.
Business Equipment Leasing