Working with us...
- Regular payment amounts
- Tax relief may be available
- Minimal cost upfront
- Operating Leases available
If your business needs an asset that only has a short lifespan, then a Finance Lease may be better suited to you.
Unlike a Hire Purchase agreement, a Finance Lease (also known as a rental or hire) is where ownership of the asset never passes to you.
You will be responsible for the maintenance of the equipment and can usually deduct the full cost of the rental from your taxable income as a trading expense.
You can also look at an Operating Lease, which is where you only pay for the asset over its ‘useful life’.
For further information on leasing, call 0115 958 6872 or email email@example.com.