Finance solutions for your business
Leasing not only gives your business more flexibility, but is also a great way to fund growth, without compromising your cashflow...
Whatever your industry, whatever your requirements, entering into a lease agreement offers many benefits when compared to traditional methods of purchasing equipment, and Premier Leasing offers quick and easy access to the financing you need.
Leasing offers the flexibility businesses of all sizes need to finance their business requirements. This means that funding growth doesn’t have to come at a cost to other parts of your business and it won't have an adverse effect on your cash flow.
As the example below shows, the tax benefits of leasing capital equipment can be enormous.
Leasing for capital equipment costing £10,000 over a 3 year period. (Assuming a corporation tax rate of 20%.)
Year Annual lease payment Tax relief Net Payment
1 £4028.00 £805.60 £3222.40
2 £4028.00 £805.60 £3222.40
3 £4028.00 £805.60 £3222.40
Total £12,084.00 £2,416.80 £9667.80
Discover the benefits of leasing for your business
Access new equipment when you need it, not when budgets allow.
Keep working capital in your business
Offset 100% of rental costs against your organisation's tax liability
Fixed and structured payments that fit in with your business plan
Upgrade equipment at any time during the lease period, or settle the agreement in full.
Protect existing lines of credit by using it as an alternative to your existing funding facilities.
As you can see from this example, providing that the same level of tax is paid each year, the net cost of leasing equipment
is actually £332.20 less than the original cost of the equipment once tax relief has been taken into account.
Any questions you may have, our team has the answer, so get in touch today. We would love to hear from you...Contact us here
Your questions, answered....
Why should I lease? Who qualifies for Leasing? What can I lease? When it comes to your business we have the experience to help you make the right decision...Click here for more
Get in touch with our team of experts today to see what Premier can do for you...Get your quote here