THE BENEFITS OF LEASING
Easier Budgeting - Management of Cash flow
- Flexibility to add to the lease as required
- Conserves capital and preserves borrowing power
- Rentals are 100% tax allowable, which means leasing
- can work out cheaper than paying cash
- Payments come from a revenue budget
- as opposed to a capital budget
- Include all costs in one monthly payment
Now is the time to consider this type of funding. And as important, because lease payments come out of revenue budgets they are 100% tax deductible, as opposed to what may only be 25% if purchases are made in any other manner.
On a typical fitting out project the savings can be considerable. For limited companies this would normally represent a saving on the contract value of between 15% and 20% - but up to 30% for partnerships. As important, leasing allows existing bank facilities to be left for other purposes.
We are happy to discuss funding options at an early stage of any project. And, where financial constraints might otherwise delay a project, an effective funding package could allow you to benefit from new or refurbished premises straight away.
