Why Lease?
The obvious answer is that when your company is acquiring equipment it
is far more comfortable to spread the cost.
Ask yourself, is it a good idea to tie up capital or use up your bank
facilities purchasing equipment that is likely to depreciate very quickly.
In the words of John Paul Getty:
“Buy what appreciates, rent what depreciates”.
And if that's not enough…………
- Fixed Payments - easy to budget
- Retain Capital - for better use elsewhere
- Tax Allowable - lower net repayment
- Flexibility - guard against obsolescence
- Maintain Bank Facility - you never know when you might need it!
- Low Rentals - affordable, offset by efficiencies of new equipment.
Different products provide different benefits, these are based on a standard
lease rental.
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