Lease Purchasing
Helping you to Invest for the future.
Helping you to Invest for the future.
Lease purchasing is possibly the most popular method of financing new machinery. Having the best equipment is critical to maintaining successful and efficient business operations and lease purchase gives you access to the best equipment you want and not having to settle for cheaper, less reliable equipment. You don’t have to pay a hefty deposit and your equipment can be earning you money from the moment it’s delivered/installed for you.
Lease purchasing is possibly the most popular method of financing new machinery. Having the best equipment is critical to maintaining successful and efficient business operations and lease purchase gives you access to the best equipment you want and not having to settle for cheaper, less reliable equipment. You don’t have to pay a hefty deposit and your equipment can be earning you money from the moment it’s delivered/installed for you.
Many customers may already have a company they use to arrange equipment financing for them. If you don’t, we would like to make the process as simple as possible for you and introduce you to our preferred financing partner, Amiga Finance Ltd, who we have a long history of working with. They are an independent finance brokerage, not a lender themselves, and as such they can shop the market for you to get the best deal possible. If you’re based outside the UK, you would need to find a finance provider in the country of operation.
Benefits of Lease Purchase
Preserved Cash Flow
Preserved Cash Flow
Lease purchase allows you to acquire machinery without a hefty upfront payment, preserving your cash flow for other essential expenses.
Fixed Payments
Fixed Payments
Predictable monthly payments simplify budgeting and financial planning.
Ownership Option
Ownership Option
At the end of the lease, you have the choice to buy the asset, providing flexibility and potential tax benefits.
Capital Allowances
Capital Allowances
Lease purchases may enhance your eligibility for capital allowances, optimizing tax efficiency.
How does it work?
Once you have chosen the equipment you require and the time period you wish to purchase the equipment over, the finance company will be able to give you a monthly payment plan that won’t change throughout the term, allowing you to budget for other business essentials. The finance is secured on the equipment and not on your assets.
Our Lease Purchase Calculator will give you a good indication of likely monthly payments for your equipment, based on its cost and the payment period you choose. Please note the minimum equipment cost that Amiga Finance can help you with is £5,000. Other firms may be able to finance smaller amount though.
Please note – Universal Filling Machines accept no commission payments for introducing you to any financing provider. All finance is subject to credit checks which are outside our control. We advise discussing financing with your accountants who will be able to provide you with more information on the various tax benefits and if financing is the best way forward you. Security is taken over the leased equipment and if you don’t keep up with your monthly payments the lender can remove the equipment.
Lease Purchase Calculator
Payments monthly in advance by DDM
If you wish to discuss a lease purchase arrangement, please call us or alternatively call Amiga Finance direct, on 0161 956 2656.