Asset Finance Leasing
The equipment leasing option
What is leasing?
If you pay for an asset using cash it can cause a reduction in your working capital. An alternative method could be to use Asset Finance leasing; this enables you to use an asset without making a substantial capital expense. If you lease an asset then you pay the lessor, who continues to own it, regular payments for the term of the contract.
You can lease a wide range of equipment for use in many different sectors of the economy. There are some industries Where leasing is quite common; these include transport, manufacturing and construction. Equipment leasing agreements are made to be flexible, they can often be adapted to meet the specific needs of your company.
Types of leasing -
The two main forms of leasing
- Direct leasing – When using this form of leasing you locate the asset you wish to obtain and give the details to a leasing company. They can buy the asset from the supplier or the previous owner and rent it out to your company.
- Sale and leaseback – This type can also be referred to as purchase leaseback. With this method you sell an asset that you already own to the leasing company in order to free up capital and they will then rent it back to your firm.
Make the right choice in equipment leasing
Leasing expensive equipment can seem beneficial to begin with but you should make sure that it is the most suitable choice for the current state of your business. Leasing can have a significant impact on your financial situation, this includes your level of cash flow and the rate of tax paid. Seeking professional advice could help avoid any problems and enable you to receive the benefits of leasing in full. You can also read our articles to know about important aspects and benefits of Asset Financing.
Even if you are looking for office equipment, we can put you in touch with a good leasing company to help you do up your office without a huge financial outlay.
If you think leasing could help your business to run more efficiently then why not contact us, the brokering service we offer is free of charge! Our company acts as a finance locator, we can match your firm with the best Asset Finance provider by consulting our wide range of contacts with equipment leasing companies. We will put you in contact with a quality UK finance company free of leasing broker charge.
Power your business with the latest equipment on easy finance term
We do not provide any financial advice of any nature and we only operate as introducers between UK businesses and regulated finance companies and only for amounts in excess of £25,000.