Lease Finance Options

Here at Granthams we offer an option to lease our equipment as well as outright purchase, enabling you to choose the best payment option for your business. We provide leasing solutions for all businesses including new start businesses as we recognise that capital expenditure costs are often underestimated when people look to expand their business or start up a new business. The leasing of equipment can spread the cost, and crucially in the early years, help cash flow.

Whatever the machine you are interested in, we can offer leasing and can include all costs including installation, delivery and maintenance. For an indication of the cost of leasing please click on the link below.

We have finance experts who will help identify your financial requirements, and then assist you in selecting the best solutions for the leasing of our equipment.

Reasons to Lease.

TAX ALLOWANCES

Lease finance can offer your business significant benefits over using vital cash resources to acquire new equipment. As lease payments are 100% allowable against pre tax profits the true cost of your lease is dramatically lower than you might think.

During the term of the lease the cost can be offset as a trading expense. Outright purchase may reduce the tax deductible allowances you receive whilst also tying up valuable capital that limits you companys ability to grow.

Example:
Invoice Value: £5985
Rental: £206.91
Total cost of Rentals: £7448.91
Tax relief at 20% of Total cost: £1489.78
Total Cost Minus Tax Relief: £5959.13

(Note: These figures are based on the 20% Corporation tax rate. As a partnership, your tax relief will actually be a more generous).

PRESERVATION OF OTHER FACILITIES

Lease finance provides an additional credit facility and is separate from bank borrowing or other facilities that you may need to call on for vital investment needs.

FIXED PAYMENTS

Lease finance facilities give you the comfort of knowing exactly how much your payment will be. The rentals are fixed for the duration of the agreement, unlike many overdraft facilities and high street banks loans that are subject to rate changes.

EQUIPMENT CAN BE UPGRADED

Lease finance allows you to stay ahead of technology developments whilst also maintaining a healthy cash flow. As your requirements change simply add or upgrade your existing equipment at any time during your agreement.

FLEXIBILITY

Lease finance with The Capital Group can provide you with a one-stop shop for your requirements and with one simple monthly lease payment we can cover many intangible items that might not be able to be funded elsewhere, including software, support, maintenance and services.

No one pays their staff 3 years salary in advance, why should you pay for your equipment 3 or 5 years in advance, before it has started to contribute profit to your business. For many, leasing just makes common sense.

CALCULATOR

To see how much you will be repaying, please download our calculator here.