Prices from £5 a week
Leasing is a great way of keeping your cash flow accessible. At the end of your lease you will own your product at no extra cost or as many customers you may decide to trade your existing equipment in for a substantial discount on new lease products ensuring your equipment is always up to date and efficient. User Friendly Computing can provide IT support for your leased products the cost of which can be calculated into your lease agreement.
Why Businesses Lease
No Large Upfront Costs – Most businesses earn revenue over time, but have to pay for equipment up front, in one go. Why pay out in one lump sum when with leasing you can pay a small amount every month/quarter? Businesses prefer to pay as they use!
Cash – Cash is king and it makes sense to use it for expansion or critical business needs. Leasing for office technology preserves precious cash.
Budget Management – Leasing ensures a fixed manageable payment irrespective of interest rate rises. The low monthly cost of rental is fixed at the onset enabling accurate budgeting.
Preserve Credit Lines – We offer leasing from £500 upwards enabling you to preserve your existing bank lines and optimise your use of commercial credit sources.
Technology Upgrades – Leasing allows the customer to take advantage of technology improvement at a time of their choosing and at a reasonable cost. By contrast a business that owns it’s IT equipment can only upgrade by reinvesting and disposing of the existing asset.
Flexible Payment Levels – Businesses can choose the payment level that best suits, our options range from 1 to 5 years. So the customer can have the latest technology at a price they are comfortable with.
100% Tax Allowable – Finance Lease rentals are 100% allowable against pre-tax profits. This means that the total cost of your purchase, both capital & interest, can be offset against tax during the lease period, with the leasing payments deducted as a trading expense.
Cost of Solution £5000
3 Year Finance Lease @ £157.50 per month
Total Payable is £157.50 x 36 = £5670.00
You pay £670.00 interest over 3 years
Leasing is 100% tax deductible so assuming tax rate is 20%
£5670.00 x 20% is £1,134.00
The reduction in tax to be paid (£1,134.00) more than covers the interest charge (£670.00)