Leasing

Leasing Example

Monthly Rentals
Facility Amount3 Year Agreement5 Year Agreement
Single Pod £8,500.00£281.70£183.89
Double Pod£16,000.00£530.26£346.14
5x Single Pods£42,500.00 £1,408.50£919.45
5x Double Pods£80,000.00£2,651.29£1,730.72
  • All figs are + VAT
  • Figures based on interest rates at 1st Feb 2023 and subject to change.
  • Assumes client is a limited, profit-making company with healthy financials and has been trading for over 3 years  (start up companies can be accommodated)

Points to note:

  • Utilising Finance for furniture and fit out project allows a client to retain cash to deploy elsewhere within the business rather use it to purchase assets (fit out and furniture) that depreciate almost immediately.
  • The full amount including interest can be deducted from taxable income over the course of the agreement.
  • Once live, the interest rates are fixed throughout the duration of the agreement irrespective of increases in the base rate.
  • Utilising finance enables clients to secure the project / equipment they want as opposed to the project their cash reserves / budget can at times afford.
  • In most cases agreements are unsecured- Finance is approved based on the strength of a client’s balance sheet.
  • Our clients range from relatively young Tech start up’s through to barrister’s chambers who’ve been established for decades.
  • Transaction sizes range from a few thousand to multiple £million.
  • Agreements can’t be called in (should repayments cease the banks could look to reclaim their assets)
  • Agreements sit outside existing banking arrangements.
  • VAT –paid monthly over the term of the agreement.
  • Stage payments and multiple suppliers can also be accommodated if required.