Finance
Key Benefits of Leasing
1. Leasing allows you to accurately predict cash flow and keep liquid funds available for core business activities.
2. Rental Payments are fixed and are immune to economic or political climate change. The sheer fact of inflation means the true cost of leasing reduces over the period.
3. In changing market places, leased equipment can be easily and simply upgraded, negating the problem associated with ‘trade-ins’ and rapidly changing residual values.
4. Leasing facilitates the acquisition of essential equipment without waiting for annual budgets, grants, cash flow upturns etc.
5. Non tangible products such as software, cabling, training and service costs can be included in a lease package.
6. Leasing allows you to keep free your existing lines of credit with your bankers.
7. Lease repayments are set against taxable profit, providing numerous accounting advantages.
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