Business Equipment Leasing 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 business equipment
can be
leased ranging from computers to industrial plant, even the likes of
software and cabling can also be financed.
The main benefit of Business Equipment Leasing is that it makes acquisition more affordable
by spreading the cost
over the useful life of the equipment. Leasing enables
companies to retain their capital for more profitable use elsewhere
and to protect
their bank facilities. Leasing 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 Leasing is the ‘finance lease’ where the
customer pays for the use of the
equipment over an agreed term. In addition
to Lease Rental is Lease 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 leases 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 Leasing to companies of all sizes since 1987.
Leasing and Finance solutions from System Rentals Ltd.
Business Equipment Finance