Vision Sheetmetal Work can lease equipment to you...
Why Leasing your sheetmetal fabricated equipment makes good business sense.
In business, it’s not just about the equipment and assets you buy, but how you finance them too…
At Vision we understand the need to use well established and respected leasing broker who is up front with you about all the costs that’s why we are able to assist our customers looking to acquire equipment where they wish to pay for this equipment on a lease.
Leasing makes good business sense ......
LEASING IS 100% TAX EFFICIENT because all leasing payments are 100% tax allowable.
LEASING IMPROVES CASH FLOW by allowing you to take advantage of the equipment you need without using your capital. No deposit required.
What Are The Benefits Of Leasing?
Leasing Conserves Cash Reserves.
Leasing enables you to acquire the solution you need without making a substantial lump sum cash payment.
This can then be used to better effect elsewhere in the organisation - such as product development, new staff or new business opportunities.
Leasing Is Tax Efficient.
The main reason that the majority of companies lease rather than purchase equipment is that they use leasing as a method of reducing their tax bills. This is because lease rental is 100% tax deductible, meaning that all payments you make for your equipment are written off against your tax bill. For any profit making business, this means a substantial saving in real cost of acquiring equipment by lease rental. This could save you between 20-40% of your lease payments, depending on the rate of tax you pay.
Payments on qualifying leases are written off as direct operating expenses, rather than a debt or outstanding liability, thus reducing short term taxable income.
Any capital allowances are passed on to you, you can offset your rentals against taxable profits and you can also reclaim the VAT on your monthly payments.
This status as a rental as opposed to a liability on a companies balance sheet is something the banks like to see, which is why an operating lease can be attractive. For this reason, leasing is often referred to as ‘off balance sheet’ financing – a tremendous advantage to both large and small business’s.
Please call for more information on 0131 665 7193 or email
info@visionsheetmetalwork.co.uk
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