Leasing Equipment or Assets helps you the Lessee keep up with ever changing technology and is the logical choice to give your company financial flexibility and preserve your vital capital and cash flow. Ultimately the choice as to whether leasing is right for your company depends on your circumstances and these will vary greatly from company to company.

Leasing arrangements are financial contracts between a leasing company, the Lessor and your company whereby you gain access to assets or equipment without laying out the full capital cost in one lump sum) over an agreed period. In return, you commit to pay a deposit (a multiple of the monthly rental between one and six) followed by monthly rentals for the term of the arrangement. To deliver the flexibility leasing gives and to keep you ahead of competitors we can quickly match the right lender to your company circumstances saving you time and money!

Almost any type of equipment or asset can be leased for periods of up to 7 years. We are here to help you find the best leasing option to suit your company’s needs. Additional equipment may be added to the Master Lease at a later date without a new contract and under the same basic terms & conditions. See below for some of the equipment we can fund plus the advantages and dis-advantages of leasing.

Leasing Options

There are many UK leasing options marketed today, but all are based on the options below, from which a leasing package can be structured to meet your needs.

Finance Lease

Closed Ended Lease with fixed rental period between 1 and 7 years. The rate is calculated to cover the full value of the asset over the leasing period, plus finance charges. You assume all the benefits and risks without legal ownership of the asset. At the end of the agreed rental period you can either extend the lease at minimal cost or become the owner of the equipment for a nominal transfer fee. Alternatively the asset can be sold & the proceeds shared.

Lease Purchase

Similar to Hire Purchase but is really a Finance Lease.

Operating Lease

Open Ended Lease whereby you can end the agreement after the agreed minimum period has expired allowing technology upgrades where applicable. The term for this arrangement is usually for periods much shorter than the useful life of the asset, extensions to the lease therefore rentals are not calculated to cover the full value of the asset as the lessor can expect to either sell or lease to a new customer.

Balloon Lease (Residual Value)

The purpose of a Balloon Lease is to help lower monthly payments by arranging a larger final “balloon” payment. A typical use of a balloon lease would be to lease more equipment than would be possible under a Finance Lease.

Sale & Lease Back

Used Equipment may be used to raise cash as part of a Sale & Lease Back arrangement but high minimum values can sometimes apply.

UK Small Firm Loan Guarantees & Leasing

Some Equipment may be leased utilising the governments Small Firm Loan Guarantee Scheme where a viable proposal exists for start up companies, please contact us to discuss.

Leasing Costs with Example

There are many factors that may affect the actual cost of leasing equipment, these include prevailing interest rates, residual values, deposit paid and the credit worthiness of the customer looking for leasing finance. Therefore we are only able to give an indication of costs here.

Here is one example costing for a quality profitable customer showing a “mid-price” leasing arrangement, some customers will get a better price, some not so good, all circumstances need to be considered, so please feel free to contact us for a quote.

Let us assume a 3 year finance lease where the customer wishes to end up owning the equipment, wishes to pay a minimal deposit & the purchase price is £10,000 ex VAT. The payment profile in this case would 1 x 35, i.e. 1 payment down (deposit) followed by 35 monthly payments.

In this example the costs without VAT could be

Great Value Equipment Leasing Deals are available for the following customers:-

• Professionals such as accountants, solictors and dentists!
• Great value deals for schools, public sector bodies, GP’s and hospitals!
• Established and profitable companies!

Leasable Equipment List

• Air Compressors
• Garage Equipment
• Plant & Machinery
  Air Conditioning
• Equipment Generators
• Playground Equipment
• Aircraft
• Gym Equipment
• Pressure Cleaning Equipment
• Boats
• Hairdressing Equipment
• Printing Machines
• Beauty Equipment Industrial
• Knitting Machines Projectors
• Broadcasting Equipmen
• Internet Equipment Racking
• CCTV Labeling Machines
• Sewing Machines (Industrial)
• Cash Registers
• Laboratory Equipment
• Refrigeration Equipment
• Cars
• Lathes
• Scaffolding
• Catering Equipment
• Lifts & Lifting Equipment
• Shopfittings
• Coaches
• Machine Tools
• Sunbeds
• Cold Stores
• Medical Equipment
• Telephone Systems
• Commercial Vehicles Microfilm Equipment Testing Equipment
• Computer Hardware & Software Motor Cycles Tooling
• Cranes Nursing Home Equipment Vans
• Dental Equipment Office Equipment & Furniture Vending Machines
• Dry Cleaning & Laundry Equipment Packaging Machinery Weighing Scales
• EPOS Systems Partitioning Welding Equipment
• Exhibition Stands Petrol Pump Equipment X-Ray Apparatus
• Fork Lift Trucks Photocopiers ROV’s
• Manufacturing Equipment Office Furniture
• and more …!!!