Leasing and Finance

Finance offered on all items over £500

One of the many benefits of buying from us is that we offer finance on all purchases over £500. And the rates are great, spreading the cost for you, so that you can keep your cash in the bank.

No hassle to set up

Getting finance on your equipment is quick and simple. One quick call to us gets the ball rolling. We work with an independent broker who shop around for the best deals for you and can get approval the same day.

Reduce your tax bill

Using finance to buy your equipment can mean you can claim tax relief on it. As leasing (financing) is an allowable business expense, it’s eligible for tax relief for the whole term of your finance agreement. Meaning more money in your pocket!

Keep your cashflow flowing

You can enjoy your new piece of equipment without the large cash outlay by financing your purchase. Using finance means you can keep your cash reserves for when you really need them.

Fixed interest rate

With a fixed interest rate for the term of the finance, you are able to budget better for the years ahead. It’s also far cheaper than using your business account’s overdraft.

How much will it cost me?

Use the interactive calculator here to find out what the costs will be per month and week.

For a basic idea, this is an example of how much it could cost on a £5,000 finance package, plus VAT. Obviously the less you spend, the less you pay.

Fixed Term Lease 2 year 3 year
Initial payment £751 £537
Monthly rental £250 £179
Weekly equivalent £58 £41

Isn’t finance expensive in the long run?

Because of the tax relief you can claim on leasing equipment, it’s actually just as good financially to lease. And don’t forget, you’ll have the cash you were going to spend on the equipment, safe in your bank. Here’s how the figures add up:

Paying cash:

Cash price £5,000.00
Tax relief £488.00
Net cost of paying cash £5,488.00

Leasing


Total rentals £6,966.00
Tax relief £1,393.00
Net cost of leasing £5,572.15

(These figures are based on a three year lease, with highest tax rate of 20% and capital allowance of 20%).

How do I get finance set up?

Just give us a call. We work with a trusted, independent finance broker who makes getting finance quick and easy. And because they shop around, they can get you the very best deal. And they’re a really friendly bunch – no automated phone lines, just a very professional and personal service.