Traditional thinking amongst most business managers is that w
hen you need to move or refurbish your office, you’ll automatically think you have only two finance options: use cash or arrange a bank loan.
But there is a third lesser known option – leasing. Most businesses would not think twice about leasing items such as company vehicles or IT, these are well established and trusted methods of finance. The same principles however also apply to leasing furniture and fitout, and we’ve highlighted two of the key benefits below.
For a profitable organisation, leasing can offer significant tax savings as the lease repayments are 100% tax allowable. This makes leasing the most tax efficient method of financing any office project, and it often works out even cheaper than paying cash!
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.
About Plus Finance
Plus Finance specialises in arranging finance for customers buying furniture and refurbishing their working environments. We are the UK’s market leader in this arena and have links to a range of specialist funding partners which allows us to select the best and most competitive financial package for our clients.
If you are planning a project, either for yourself or for your customers, and would like a quote to see how leasing compares or just want to find out more about it, please call us on 01494 783 773 or email us at [email protected]