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Why do businesses lease office furniture?
1) Overcome Budget Limitations
Make the most of your budget by spreading the cost over 2, 3 or 5 years and achieve the office solution that you really want, rather than that which your budget dictates.
2) Ease Cash flow
Take the strain off your cash flow and budget for one fixed monthly or quarterly repayment for your total requirements.
3) Take the tax advantages
Leasing unlike any other form of finance such as bank loans, is fully allowable against tax. This 100% allowance on payments makes leasing one of the most tax efficient methods of financing office equipment.
4) Be Completely Flexible
As your business grows and you take on more members of staff, you can add furniture to your existing lease at any point during the term. In addition, the term of the lease can be for anything between 1 and 5 years to suit you and the life of the furniture.
5) Preserve Borrowing Power and Conserve Capital
Leasing can cause the strain on working capital and leave you with more reserves to invest in profit making activities. Plus, other lines of credit from banks or other finance houses remain intact for other credit needs.
Leasing is as easy as 1, 2, 3....
Step 1 : Divide the cost of the equipment (excluding VAT) by 1000
Step 2: Multiply this figure by the appropriate rate - either:
49.50 for a 2 year lease
36.00 for a 3 year lease
26.00 for a 5 year lease (favourite for over £50,000)
This figure will give you the monthly repayments (excluding VAT). Add VAT to get the final monthly figure.
Step 3: Call Smith’s Office Furniture on 020 8858 3504 or fax on 020 8305 0362 or e-mail
us on: sales@smithsofficefurniture.com
All repayments are subject to VAT and a one off administration fee. All rentals are payable by direct debit. These rates are assuming time in business to be over 3 years. Please contact us for rates for younger companies. For preferential rates of over £50,000 + VAT please contact our sales office. Leasing is subject to status
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