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Leasing keeps money in your business rather than locked up in depreciating assets. It’s a cost effective alternative to paying cash, as the benefit to your business is the use of equipment rather than ownership. Leasing is a financial transaction where the owner of the equipment (often referred to as “lessor”) gives the equipment user (referred to as “lessee”) exclusive use of the equipment or service for a period of time in exchange for a series of payments. Instead of having a large outflow of cash these regular payments will help meet your cash flow and budgetary requirements over a time frame to suit you. The main principle of leasing is that it allows you the benefit of using your products and services without the risks of ownership. By leasing you can optimise your productivity, maintain your competitive position whilst enjoying cash flow advantages. With the help of our leasing partner BFS, we can arrange a flexible payment structure to maximise your returns over the life of the agreement and set payments against taxable profits to improve tax efficiency.
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