Benefits of the Rental Option
 Lease
can work out More Cost Effective than Paying Cash
By paying for your furniture and refurbishment of your offices
from your cash flow, only a limited percentage is available for tax purposes.
This is because the revenue only allows you to offset 65% of the capital cost
against your capital allowances. But if you go down the lease rental route
this will allow you to offset the full 100% of repayments against your corporation
tax bill. This is the only form of borrowing where this is possible, and as
such makes it the most tax efficient method of paying for you furniture and
refurbishment works.
*To make the most of our finance facility please fill your
shopping basket with the products you require and click on the Request
a Finance Quotation link.
Budgeting
By Financing your furniture and interior fit out via the Rental
Option, the cost of the project can be spread over anything from 2 up to a
7year period removing the need to make a large capital outlay. This enables
the project to “pay for itself” and gives you the option to have
a higher specification of office furniture or interior fit out with less of
an impact on your cash flow.
In addition, unlike most other forms of payment, VAT is paid
at 17.5% with each rental as opposed to requiring the VAT to paid in one lump
sum. This further reduces the initial impact on your cash flow.
Inflation
Proof
Unlike a normal banking facility, the rental stated on the
rental agreements are inflation proof for the duration of the agreement. This
enables you to precisely calculate your future budgeted costs.
Additional
Credit Facility
The credit facility falls outside your existing lines of credit,
thus keeping these lines open for other future requirements.
Simple
Documentation
The rental agreements we provide are simple and easy to understand.
A standard agreement is just a single page. The terms and conditions are of
‘Plain English’ and are Office of Fair Trading Approved. The Agreement
if necessary can be e-mailed to you to avoid any unnecessary delays.
A 25% deposit of cleared funds is required when underwriting
is approved for orders in excess of £2,000 plus VAT which will be returned
via bank transfer on day goods are received & signed for/accepted. We
will contact you regarding this once the application is returned.
Finance Available Subject to Status
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