Leasing Options
Leasing is a financial arrangement where you pay a fixed amount over a period of time (typically between three to five years) to a leaser (such as BNP Paribas) to cover the cost of purchasing IT equipment.
The terms of the lease can be tailored to suit your individual needs and has many benefits over traditional outright purchasing, some of which are explained in more detail below:
Tax Advantages
Lease payments are 100% tax deductible unlike outright purchases which can only make use of writing down (depreciation) allowances.
Improve Cash Flow
Leasing gives companies the option to make use of new equipment through affordable fixed payments. It helps preserve capital resources, spread costs and reduces your working capital requirement.
Preserve Credit Lines
Leasing is an additional source of funds for you. It leaves your lines of credit and cash balances fully available for other essential business needs.
Flexibility
Our leasing packages can be structured to meet you budget requirements enabling successful forward planning.
Protect against obsolescence
At the end of your lease we will upgrade your equipment to the latest technology without a change in price. You will never worry about outdated hardware again.
Sales and Lease Back
Due to our flexible approach we offer customers the opportunity to sell some of their existing capital equipment and we will immediately lease the asset back. This will give your business a cash infusion and help release equity that may be better utilised elsewhere.
Avoid Government Equipment Disposal Charges