Equipment Finance is a loan dedicated to the purchase of any kind of office equipment.
It is designed to;
- Spread the cost of an asset over its useful life
- Offer considerable cashflow advantages
- Enable rentals to be offset 100% against taxable profit
- Offer accelerated tax allowances
- Provide an additional line of credit.
- Product Benefits
Equipment Finance advantages include:-
- Controlling capital expenditure– you can take advantage of the latest office technology – without committing yourself to high capital expenditure
- Comprehensive application– it may be used to purchase computer systems, telecommunication equipment, office furniture, partitioning, carpets, security systems, lighting and more
- Option on ownership– you may choose to own the item(s) when the contract ends or opt for a tax efficient lease agreement
- Flexible repayment periods– funding arrangements, with a low initial outlay, are usually repaid over periods of between 1 and 7 years, depending on the useful economic life of the item itself
- No limits on use– you have the option to use the asset for as long as you choose.
If you do not feel that a loan is the best way forward when purchasing equipment for your business then there are other options available to you.
We can arrange funding for most assets that your business may purchase using:-
- Lease Purchase (LP)
- Hire Purchase (HP)
- Finance Lease (FL)
Enquire about Equipment Finance now...
Call us today for a no obligation quote on Freephone 0800 328 0161 and discover how we can help.