Lease vs Buy
Lease or buy equipment? this is the question. Small businesses have difficulty raising capital - that's no secret. This difficulty (among other reasons) has caused many to look at leasing equipment as an alternative financing arrangement for acquiring the use of assets.
All types of equipment leasing-from phone systems, mobiles to computers have become more and more attractive.
Leasing is a very cost-effective way to invest in business equipment. In addition to its many benefits this option competes very well in simple monetary terms.
Many of our customers who were new to leasing now only use this method of investment when obtaining equipment.
Here are some of the many reasons why:
When leasing you will get your equipment straight away, rather than when budgets allow.
A lease option is simple and safe – what with the fixed cost throughout the lease period there will be no changes or unpredictability to watch out for.
Your business can stay up-to-date with the latest equipment! Leasing provides you with the option of upgrading the equipment at any stage throughout the agreement by simply restructuring the payment schedule.
Offset 100% of the rentals against your tax liability to maximise tax efficiency
Get in touch with one of out business specialists for more details.