Leasing – Security
In most cases an Automobile will be used.
Leasing – General
A Lease arrangement is a facility used for reducing monthly re-payments by postponing part of the payments price to the end of the loan and this is known as residual value.
Benefits
Tax is reduced – the lease payment can be claimed each year.
For leasing, accurate budgeting is given due to fixed payments, protecting against interest rate fluctuations. Payments structured to suit cash flow of your business. Cash reserves are maintained and can be used in other areas of your business, like expansion, investments or general purposes.
Existing line of bank Credit is usually not restricted. In most cases a deposit is not required but if a deposit is made benefits are lower payments -shorter term – reduced interest charges.
Payment
Leasing – Payments can be made by direct debit from your bank.