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Leasing is probably the most popular method of financing new equipment today. Virtually any item of equipment can be leased from £1,000 upwards. This allows you to have the best equipment without the worry of using cash flow.
Get an instant quote today! https://www.kennet-leasing.co.uk/get-quote/
If you would like to proceed with your quote please call: 0844 846 0111*
What are the benefits of leasing?
The benefits of leasing include:
How does a lease work?
A lease agreement is a contract between you, ‘the customer’, and a leasing company. This enables you to have and use a piece of equipment over a period of time on payment of rentals to the leasing company.
With a typical lease agreement, you make a series of regular payments (usually on a monthly basis), thus helping cash flow, as opposed to a large capital outlay for the equipment.
You won’t have a depreciating asset on your books and can benefit from the tax advantages of paying a lease rental.
Will I own the equipment?
At the end of the lease you can either own the goods for one extra monthly payment or we can come in take the old equipment away and replace with brand new equipment allowing you to have the best and latest equipment.
Do my payments increase if Inflation or Interest Rates rise?
No. Your monthly payment is fixed at the start of the lease and so are unaffected by interest rate rises. This enables you to budget your cash flow more accurately. As inflation rises, because your payments are fixed the cost of the equipment reduces in real terms.
Is there a tax benefit associated with leasing?
Yes. A business wishing to acquire capital equipment has to seek the most tax efficient way when doing this. All lease payments are treated as an allowable business expense and therefore attract tax relief for the full duration of the lease agreement. Your accountant will be able to confirm this.
All our options are arranged through Kennet leasing.
Kennet Equipment Leasing has been providing UK businesses with equipment finance since 1991. With access to many of the top lenders, as well as their own significant resources, they successfully place finance agreements for a huge range of businesses, of all types and sizes.