Leasing Furniture and Equipment as a possible finance option.
Benefits of Finance
- Conserves Working Capital
Cash is the most valuable commodity in your business, it doesn’t make sense to tie up valuable cash in a depreciating asset that you will use for several years. Financing allows you to retain cash within the business where it can be used to invest in growth.
- 100% Financed
We are able to finance your entire solution including design, fit out, furniture, audio visual and cabling all within one easy payment per month.
- Fixed Payments
Your payments are fixed for the duration of the agreement, unlike bank overdrafts which are repayable on demand.
- Tax Efficient
Leases provide a tax efficient way to finance office furniture as your rental payments are a fully allowable expense against your taxable profits.
- Accelerated Return Of Investment
By spreading the cost of your investment over the useful life of the asset you can demonstrate a faster return on investment.
- Flexibility to change
Financing your investment provides future options to add further investment to your agreement without necessarily increasing your monthly payments. This allows for greater cash flow management and budget control.
- Preserves existing credit lines
Financing your furniture leaves your existing credit lines free to finance growth or to cover uncertain trading periods.
How do we go about arranging finance?
You can complete the request for quote form on this site or call a us directly on 0844 963 2197
How long does the approval process take?
This can vary depending on the size of the facility and complexity of the structure however, most agreements can be approved within 48 hours.
When does the finance agreement start?
For the majority of transactions your chosen supplier(s) are paid directly on delivery of the solution and your agreement is then activated.
Who is responsible for insurance?
It is your responsibility to insure the equipment for its use and for injury or damage to third parties.
What about adding more equipment at a later date?
You can add to your agreement at any time if you need to acquire additional equipment. By extending the term of your agreement, it can be possible to add more equipment and maintain the same rental payment. This flexibility can greatly assist in your cash flow management.
Can I include design and fit out costs within the facility?
Yes. We can provide 100% finance for your total solution.
What if we relocate, can we move the furniture?
Usually yes, if this is within the UK . However, you must always notify us of any move in advance, so we can confirm our approval in writing and amend our records accordingly.
What happens if there are problems with the equipment that is financed?
All warranties from the supplier are passed to you, and you should take up any issues relating to the supply of equipment directly with the supplier. We will assist where we can, but the onus is on the supplier to maintain the product.
Can we settle our finance agreement early if need be?
Yes. You may request a settlement figure at any time, simply call our customer services team with your agreement number.
What is the minimum value that you will finance?
In normal circumstances, the minimum value we can finance is £5,000. There is no maximum.
Does the entire solution have to come from one supplier?
No, you can include several suppliers within the same facility.