Leasing can be a cheaper option than paying cash for your equipment, is easier on cashflow and allows you to budget for your purchase.
You could ask your bank but since the downturn it has been harder to access bank borrowing. By leasing, any credit facilities available to you from your bank can be used for other purposes.
Any business that requires equipment can apply.
The lease period will be set for the useful life of the asset and at the end of the term you will be given three options:
SME Finance and Leasing offer finance to any business, irrespective of sector or length of time trading.
We require one payment upfront.
SME Finance and Leasing will provide a decision within 24 hours of receiving the finance proposal and any other information requested.
Yes, as long as you are a trading entity we can assist.
You will pay for the use of the equipment monthly via Direct Debit
The agreement must be settled unless the proprietors acquiring the business are taking over the lease (dependent on status and credit approval in advance).
You will have 14 days from the date of activation to cancel the lease but after this you are bound by the terms of the lease agreement.
Yes and there is no penalty for early repayment. Contact us for a settlement figure.
Vat is recoverable on each individual payment.