Another client all signed up for new equipment provided via leasing finance. The lease finance provided 100% financing (ex VAT) for the cost of the equipment. This helped the business conserve cash which will be used for other projects or activities.
Why did the business choose leasing?
The business was able to access to a higher standard of equipment, which would have been deemed too expensive for them to purchase outright. This will benefit their customers who now have great equipment to use.
Leasing can be a positive way to Access Capital for many businesses. The type of equipment you are looking to lease will influence how long the lease will last. The average lease term we see amongst our customers is 60 months, but leases can be as short as 12 months depending on your specific requirements.
