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Advantages of Leasing

Leasing has many advantages of other methods of financing capital equipment.

The main advantages are

• Banking facilities left available for special projects and unforeseen expenses.
• Small initial outlay usually amounting to just one month's rental.
• Payment can be spread over a period of two to five years dependent upon value and type of equipment.
• A single payment at the end of the lease guarantees retention of the asset for the remainder of its working life.
• If you want to sell the equipment after the lease has ended you will receive the sale proceeds.
• Rentals are fully tax deductible.
• Cash flow is protected and the asset earns revenue in payment of the lease.
• No need to be VAT registered