Leasing for Fitout – Don’t Ignore it, Embrace it!

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The question the Plus Finance team encountered most often at this year’s 100% design show at London’s Earl’s Court was this: How can I offer leasing to my clients without offending them!

Leasing is the best kept secret in the furniture and fitout industry and has become an increasingly popular method of finance for businesses moving or refurbishing their office. Chances are you will not offend your client but delight them if you offer them a lease option alongside your usual payment options, and in our experience the benefits of leasing can significantly persuade even the most reluctant finance director!

Leasing is a fully tax allowable method of spreading the cost of refurbishing or fitting-out an office interior over 3, 4 or 5 years. Unlike any other method of finance such as a bank loan, lease payments are fixed for the payment period allowing clients to budget effectively with no unexpected surprises such as interest rate or inflation increases.

Paying upfront for an interiors project can be a significant drain on cash resources and a potential stumbling block in securing a deal, but leasing avoids the initial capital outlay and preserves clients’ existing bank credit lines leaving working capital available for future investment.

So don’t ignore it embrace it, and see for yourself the benefits that leasing can bring! If you are planning a project, either for yourself or for your customers, and would like a quote to see how leasing compares, just call us on 01494 783 773 or email us at sales@plusfinance.co.uk.

 

100% Design is officially the UK’s largest design trade event with over 27,000 visitors including architects, interior designers, retailers and designers. The event was held 17-20 September and is the biggest event during the London Design Festival. The Plus Finance team enjoyed visiting the exhibitions, meeting clients old and new and taking note of the inspiring trends emerging from this exciting industry.

For more information please click here 100% Design