Equipment Leasing
Lease purchase is an excellent viable way to spread the cost of much need catering equipment, commercial dishwashers and glasswashers
DEMYSTIFYING EQUIPMENT LEASING:
Example equipment cost: £5,000
Years Trading: 3 years plus
Lease term: 5 years
Monthly payment: £115
Total payments: £6,900
Tax Benefit:* * over 5 years) £1,311 (Deduct the tax relief from payments) £5,589
Net Cost: £5,589 (Deduct the tax relief from payments)
How does leasing work?
Through a finance lease arrangement with Kennet Equipment Leasing Ltd, we acquire the equipment of your choice and subsequently lease it to you for an agreed duration. You select the asset from your preferred supplier, and we procure it, allowing you to utilise it as if it were your own, while making agreed-upon monthly or quarterly payments. We maintain ownership of the equipment during this period. What happens at the end of a lease? At the end of the term of the agreement, we can relinquish our financial interest in the equipment for one further monthly payment*
Unlock the potential benefits:
Accessible to All:
Whether a sole trader, partnership, or limited company, equipment leasing benefits all business types.
Cash Flow Freedom:
Preserve capital and boost financial stability. Acquire essential equipment without depleting resources.
Tax Advantages**:
Lease Rental Payments could be 100% Tax Deductible! In most cases the cost of leasing is deductible as a business expense, reducing your overall tax bill. This could mean a saving of 19% - 25% of the lease payments depending on your profit band and rate of tax applicable to your business. Adapt to Fluctuations: For businesses with seasonal or cyclical cycles, leasing allows payment adjustments according to cash flow.*** Efficient Approvals: Kennet's swift approval process minimises delays, providing you with the required equipment promptly. Strategic Partnership: Partner with Kennet for seamless equipment leasing, sparing your business from the financial burden of upfront purchases. Cutting-Edge Equipment: Stay ahead in your industry with access to the latest technology. Leasing keeps you competitive.
Flexible Terms:
Tailor leases to your business's needs, spanning 2 to 5 years.***
Adapt to Fluctuations:
For businesses with seasonal or cyclical cycles, leasing allows payment adjustments according to cash flow.***
Efficient Approvals:
Kennet's swift approval process minimises delays, providing you with the required equipment promptly.
Strategic Partnership:
Partner with Kennet for seamless equipment leasing, sparing your business from the financial burden of upfront purchases.
Cutting-Edge Equipment:
Stay ahead in your industry with access to the latest technology. Leasing keeps you competitive.
Kennet Equipment Leasing Limited. Kennet House, Temple Court, Temple Way, Coleshill, Birmingham B46 1HH. T: 01675 469200 Kennet Equipment Leasing Limited is authorised and regulated by the Financial Conduct Authority, FRN: 676024, as a authorised Credit Broker and Lender. Kennet work with a panel of lenders. ***All finance is subject to status and affordability checks. Terms and Conditions apply. Documentation fees do apply. All payments shown are excluding VAT. *At the end of your lease, we have various options available to us based on the type of equipment funded, its age, and value. For more details, please contact us. *Other options are available at the end of your lease, and are dependent on the type of equipment funded, age and value. Talk to us for more details. **Consult your accountant or tax advisor for tax-specific guidance.