Benefits of Lease Rental Options
Many people believe leasing is an expensive option. This simply is not the case. This is why even large 'cash rich' companies are choosing to lease. Once a customer understands the benefits this becomes the preferred method of procurement.
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.
Address your finance challenges and drive your business forward.
Business managers face continual challenges to reduce costs, increase efficiency and improve customer service. CloudM has a range of financial services to help you overcome your business challenges and reduce your capital expentiure and gain a competitive advantage.
With CloudM Finance you won’t have any upfront capital expenditure and you’ll know exactly what you need to pay each month. We’ll include all costs in your payment plan, including installation.
Contact our Finance Team below for more information
Please see below some examples of how inexpensive a lease rental contract can be:
Equipment Value Lease Rental Term Cost Per Month
£2,500.00 36 Months £69.31
£2,500.00 60 Months £42.21
£2,500.00 84 Months £30.78
£5,000.00 36 Months £138.62
£5,000.00 60 Months £94.42
£5,000.00 84 Months £61.57
£10,000.00 36 Months £287.23
£10,000.00 60 Months £184.83
£10,000.00 84 Months £133.13
All the above quoted prices are correct as of 1st May 2015 and are subject to VAT at the standard rate. E&OE