Equipment Leasing Finance

Many business owners have realised that they do not need to own the equipment, plant and machinery needed to carry out their commercial activities. Equipment leasing offers 100% finance giving access to those asset needs for little or no outlay.

This is in contrast to alternative commercial loans that often require a hefty deposit. Business leasing finance also offers the opportunity to upgrade where there is a built in need for the latest equipment to be available to compete effectively.

For most companies the purchase of new equipment involves a substantial capital outlay that can severely reduce working capital causing problems for the business. Alternatively equipment leasing finance can be utilised to gain access to vital profit generating assets thereby avoiding this capital expense.

Leasing finance can often be tailored to individual company requirements, which means that asset loans have been widely adopted as one on the more popular commercial lending options across all industrial sectors. Business leasing is common in areas such as construction, distribution, manufacturing and telecoms.

There are two main methods of asset leasing i.e. the direct lease or sale and leaseback. The direct leasing method is where the customer identifies the new equipment, finds a quote and then applies to a leasing company to purchase and then rent the asset to the customer. The sale and leaseback method is where a business can raise capital against the value of equipment already owned but still retain and operate the asset, again for a fixed monthly rental.

Remember that all businesses operate in their own unique circumstances and before entering into a leasing finance arrangement professional advice should be sought to confirm that leasing will be beneficial for your company.

How we can help

By matching your company and equipment requirements to the right lender we can minimise the delay between application and actual acquisition of your new equipment. Typical timescales are two weeks from application to confirmation of the facility, but to this you need to add time for delivery and installation as the leasing lender will only pay the supplier at that point. Whatever your needs from garage & medical equipment to heavy construction plant and machinery, prime or sub-prime lending, we are here to help.

 Why not contact us today about your leasing finance requirements!