Leasing Solutions Limited

Lease rentals are considered as an operating cost, which means that it is often possible to deduct them from taxable profits (as a trading expense).

Leasing rather than owning equipment allows companies to produce a better operating performance. Companies who own have to scratch around to find the cash to pay off debts or to invest, but companies who rent benefit from the better financial flexibility offered by the cash released from not owning there equipment such as Cheque Sorters. There is slower growth for companies that own their equipment. The research also reveals that the leasing is positively related to a company's growth.

Some advantages of leasing or renting Cheque Sorters:

• You don't have to pay the full cost of the Cheque Sorters up front, so you don't use up your cash or have to borrow money
• You pay for the Cheque Sorters over the fixed period of time that you use it
• As interest rates on monthly rental costs are usually fixed, it is easier for your business to forecast cashflow
• you can spread the cost over a longer period of time and match payments to your income
• The business can usually deduct the full cost of lease rentals from taxable income
• You won't have to worry about an overdraft or other loan being withdrawn at short notice, forcing early repayment
• If you use an operating lease or contract hire, you may not have to worry about maintenance
• Leasing Solution carries the risks if the Cheque Sorters breaks down
• A leasing company, such as Leasing Solutions Limited, can usually get better deals on price than a small company, and will have superior product knowledge
• on long−funding leases (over seven years, and sometimes over five years) you can claim capital allowances on the cost of the asset

With ever increasing demands for jobs to be completed in shorter times, the need for control and efficiency is of high importance. To have the right Cheque Sorters to finish the job 'in house' is almost a necessity. We have taken this on board and now offer leasing on the complete range of both new and used Cheque Sorters.