Why Use Finance - Features and Benefits to Help Your Company Grow
Borrow up to 100% of asset cost - conserves capital for normal trading.
- Repayment profiles to assist cash flow.
- Additional source of credit - normally secured on just the asset and does not affect your bank facilities.
- Monthly/quarterly payments - assists budgeting.
- Tax efficient - hire purchase enables allowances to be claimed by the borrower if in a tax paying position, or if no tax is due the equipment can be leased and the allowances taken by the Lessor and reflected in reduced rentals.
- Operating Lease allows reduced rentals and off balance sheet funding - removes the risk of the equipment's future value, benefits cash flow and reduces balance sheet gearing ratios.
