Lease Purchasing
Giving Your Business The Power To Grow
It is safe to say that all business need equipment. But what if you had to use all your cash to buy the equipment you needed? Or maybe you would have to have an expensive bank loan or an overdraft that could be called in at any moment? Well, you don’t have to….
Lease purchasing is probably the most popular method of financing new equipment today.
What do you get?
You can have the best equipment for your business and not have to settle for the cheapest. You won’t have to pay a hefty deposit, and your equipment can be earning you money the minute it is delivered and installed. All you need to do is go to your supplier, choose the equipment you need, and the supplier will help arrange the finance.
How does it work?
You’ll be given a finance figure based on the number of years the agreement lasts for. It will be a monthly fee that won’t change throughout the term, making it easy to budget your outgoings and leave cash in your bank for stock, wages and other essential bills. The finance is secured on the equipment, not your buildings or business, for added peace of mind. Once you sign the lease-purchase agreement, your supplier will deliver the equipment, and you’re free to use it straight away and start earning money.
Key benefits to your business
These are the key benefits to consider when looking to finance your next packaging machine.
- You’ll pay regular monthly payments that won’t change throughout the term, allowing you to budget effectively from day one.
- There’s no need to pay a hefty deposit to have the equipment you need almost immediately*
- You can choose a lease-purchase term that suits your business
- You can take delivery, and the equipment can be earning you income even before your next payment
- There are some tax advantages – all lease-purchase payments that are made are tax-deductible**
- You can keep your cash in the bank whilst avoiding overdrafts and loans
- You can have the best quality equipment for your business rather than the cheapest
- Security is levied on the lease-purchase equipment rather than any property
*All finance is subject to credit checks
**your accountant will be able to provide you with more information on tax benefits
Whatever your liquid filling, tablet counting, capping, and labelling needs are, KBW Packaging can help you find the machine or machines, that best suit your production needs. We have an experienced and knowledgeable Technical Sales Department available to help advise and support you from the project start to installation and beyond. You can reach us easily on 0044 (0)1252 322220 or via email click here.
