Finance and Leasing
Telecoms and IT System Financing & Leasing
BENEFITS OF LEASE RENTAL FINANCE
Unlike many high street bank facilities or overdrafts that are subject to the change in market conditions, a lease facility with its protected payment and fixed interest rates allows for effective future budgeting. Because finance lease rentals are 100% allowable against pre-tax profits, the total cost of your purchase, capital and interest can be offset during the lease period, with payments deducted as a trading expense. A cash purchase will allow tax relief only on the capital allowances on the equipment. Contrary to popular belief leasing is not expensive, in fact the real cost of a lease can be significantly lower than the payments made.
When financing your telephone system supplied by Octagon rather than outright purchase, your company benefits from the following:
- Retention of Capital, money can be spent much more profitably within your company. i.e. production, raw material purchasing, advertising, research and development, company acquisition, cash emergencies etc.
- The payments are fixed for the period of the agreement allowing effective budgeting and a hedge against inflation.
- Easier upgrades opportunities, a guard against equipment obsolescence.
- Payments are 100% allowable against taxable profits*.
- We can structure your payments to meet your needs and spread payments over 3 or 5 years
