Business Equipment Leasing & Asset Finance

In the world of ever changing technology most business owners agree that keeping their equipment up to date can deliver a powerful advantage over their competitors, not to mention the positive impact it has on staff morale. However, upgrading equipment is expensive. It can cut into vital capital reserves and create difficulties with cash flow.

Here is the good news. If your circumstances are suitable, there is a way to enjoy the benefits of upgraded resources for your business and staff, whilst preserving your hard earned capital through equipment leasing finance. To discover more about leasing and find out whether or not your company could benefit, read on.

Who can lease?

As specialist equipment leasing brokers we can arrange great value leasing finance deals for a wide range of businesses and individuals including:-

• People working in the professions, accountants, solicitors and dentists.
• Not for profit organisations, public or government organisations such as schools, public sector bodies, GP's and hospitals.
• Established and profitable businesses, from manufacturers to recruitment companies.

What equipment can be leased?

It's almost quicker to list the assets that can't be leased than those that can. Here at Eland Business Services Limited, we can help arrange equipment leasing finance terms for almost any piece of equipment, for periods ranging from one to seven years. We are here to help you find the best asset leasing finance option to suit your company's needs. Once the first lease is set up, additional equipment can be added to the master finance lease under the same basic terms and conditions later on, without a new contract.

How does equipment leasing work?

As the "lessee", you, or your business, would enter into a financial contract with a lease finance company "the lessor" through which you gain access to assets or equipment without paying the full capital cost up front. Instead, you agree to pay a monthly rental charge and a one-off deposit which usually amounts to the equivalent of around one to six month's rental, depending on the terms of the agreement.

This allows you to manage your cash flow more easily, since after the deposit you are paying a set amount for the equipment or asset each month. It also preserves capital since the deposit is less than the market price of the purchase.