Leasing Software and IT Equipment

Businesses are faced with three choices when buying IT equipment. Do they pay using their own cash, with a loan or should they lease? By paying cash upfront, an either/or choice for essential IT equipment is created. What else could the cash be used for? Loans are hard to get - they require meetings with the bank, are usually for large expenditures and the administration can be complex. Leasing benefits you by giving you the products and equipment you need at an affordable fixed monthly cost allowing your business to quickly obtain equipment you need with minimum administration and/or impact on cash budgets.

What is leasing?

Leasing is a financial contract between your company and a leasing company. You will be committed to repay a given number of fixed payments for the term of the contract, (for example 36 monthly payments of £50 + vat). We supply the goods to you and we are paid by the leasing company i.e. you are effectively renting the goods from the leasing company for the duration of the lease. The goods are owned by the leasing company at all times. Because you are renting and not buying the goods you can claim 100% tax allowance on the payment.

Who can apply?

Lease finance is available to all companies within the European Union, which includes sole traders, partnerships, limited companies, PLC’s, national, and local government departments, schools, universities, hospitals & charities. The minimum price that would qualify for a lease is in the region of £500 + VAT and there is virtually no upper limit. Due to the tax laws that apply to leasing, we unable to offer this service to customers in Isle of Man, Republic of Ireland or the Channel Isles.

PLEASE NOTE: Small Businesses that have been trading for less than 18 months may have problems obtaining a lease due to their lack of trading and credit history available to the leasing company to make an application decision.

Easy to arrange

It is very easy to arrange a lease - just call us with your requirements to get an instant quotation on your equipment you need. Please note that the figures quoted may change depending upon the credit rating and status of the applicant.

We handle all the paperwork and all you have to do is sign the appropriate forms which are sent to you.