Why pay out a lump sum when with leasing you can pay a small amount every month? Many businesses see the benefit of paying as they use an asset!
Leasing ensures a fixed manageable payment, irrespective of interest rate rises. The cost of rental is fixed, enabling accurate budgeting.
Leasing is 100% allowable against pre-tax profits. The total cost (capital & interest) can be offset during the lease, deducted as a trading expense.
Cash is king – it makes sense to use it for expansion or critical business needs. Leasing for cleaning equipment preserves precious cash.
Preserve capital * Optimise costs * Beat the competition * Futureproof technology * Fixed Payments
Cost of Solution - £5,000 on a 3 Year Finance Lease at £163 per month
Total Payable £163 x 36 = £5,868 means you would pay £868 interest over 3 years
Leasing is 100% tax deductible.
So assuming the tax rate is 19% the tax saving would be £1,115, therefore the reduction in tax to be paid more than covers the interest of £868
(note that these figures are an illustration only, each application will be subject to credit approval and rates applicable to the deal)
If you're looking to purchase, lease finance or short-term rent commercial cleaning equipment or need to book a callout or service for one of your machines, then look no further than LCM Cleaning Equipment Ltd.