Leasing
The Benefits
For further information and an
initial estimate of monthly repayment,
email: leasing@blocinteriors.co.uk
Find out how it can benefit your business........
Small & Medium Enterprises (SME's)
Most businesses understand the benefits of refurbishing or refitting their working environments - the positive influence on staff morale, productivity and loyalty are well documented. However, the cost of a professional design and build project can often result in it being postponed or significantly downgraded.
Leasing offers a cost effective way of spreading the cost over any period up to five years, which means the project can go ahead immediately but without the upfront capital expenditure.
Professions - lawyers, architects.
By far the largest proportion of clients who take up leasing in the office furniture and interiors market is by the professional firms, in particular lawyers and barristers. Because the partners in these firms pay tax at 40%, leasing offers significant savings over paying cash or using a bank loan facility.
On an average fit out project, we estimate this saving can be up to 18% of the project cost compared with paying cash. This is because lease rentals are fully allowable against taxable profits and do not have to be capitalised in the same way as a cash purchase or loan agreement.
A principle benefit of leasing is the fact the cost is spread over a period of time. This means the current partners are not paying up front for capital expenditure which future partners coming into the firm will benefit from.
Local Authority - education, etc.
More and more Government funded bodies are using leasing to fund new equipment and capital expenditure projects. Whether it is education, health or local authority,
A lease facility makes the annual budget go further, and repayments can be made quarterly, termly or annually over any period up to seven years. But the other benefit of using leasing is to ensure that each year group using the equipment or benefiting from the project helps to finance it. If the equipment/project is paid for from current or previous leftover budget, then future years have use of it essentially for free. By using a leasing arrangement the cost is spread fairly between each year group.
All our leasing facilities are LA approved and SSAP 21 compliant.
Navigation
