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 Dry Cleaning Equipment. 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.

Rather than trying to find the money in one lump sum, you can pay for the Dry Cleaning Equipment over the whole period that you use it. Unlike an overdraft there is no possibility of being forced to repay early and, generally, the agreements are set up with a fixed rate of interest so you won't get any nasty shocks if interest rate rise. So, cashflow planning is much more reliable. Unlike an overdraft there is no possibility of being forced to repay early. With fixed rate of interest you won't get any nasty shocks if interest rate rise. So, cashflow planning is much more reliable

• Leasing keeps your Dry Cleaning Equipment up−to−date. Equipment eventually becomes obsolete. With a lease, you pass the financial burden of obsolescence to the equipment leasing company. For example, let's say you have a two−year lease on Dry Cleaning Equipment. After that lease expires, you're free to lease whatever equipment is newer, faster and cheaper. (This is also a reason some people prefer to lease their cars.) In fact, 65 percent of respondents to a 2005 Equipment Leasing Association survey said the ability to have the latest equipment was leasing's number−one benefit.
  
• You'll have predictable monthly expenses. With a lease, you have a pre−determined monthly line item, which can help you budget more effectively. Thirty−five percent of respondents to the Equipment Leasing Association's survey said this was leasing's second−highest benefit.
  
• You pay nothing up front. Many small businesses struggle with cash flow and must keep their coffers as full as possible. Because Leasing Solutions Ltd require a a small down payment, you can acquire new Dry Cleaning Equipment without tapping much−needed funds.
  
• You're able to more easily keep up with your competitors. Leasing can enable small businesses to acquire sophisticated technology, that might be otherwise unaffordable. The result: You're better able to keep up with your larger competitors without draining your financial resources.