Phoenix Survey & Safety in conjunction with our finance partner offer a range of leasing options to suit your business needs. 

Advantages of Leasing

Conserve Cash Reserves
Money is kept ‘in the business’ rather than in depreciating assets. Leasing allows resources to be saved for other purposes, such as new business opportunities, unexpected needs, business development or marketing. It may also be possible to tailor the timing of the payments to suit expected cash flow including seasonal cash flow circumstances.

Budget Outgoings
Medium term planning: Payments will be known at the outset. These can be monthly or quarterly. The finance will be secure for the term of the agreement; it cannot be recalled early like a bank overdraft. The payments are also fixed for the length of the term, which enables easier forecasting of cash flow.

No Extra Security Required
The equipment itself is normally the only security required on a finance agreement. If bank funding was used to buy the equipment instead, extra security would normally be required or the rates would be substantially higher.

Tax Advantages
Due to the nature of the tax advantages of leasing (i.e. the full rental costs being offset against profit), and taking into account the opportunity cost of investment, the lease will usually work out cheaper than if the asset were bought for cash.

Maintain Credit Lines for Other Use
Equipment can be acquired without impacting other credit lines, such as loans and overdrafts, making further borrowing easier.

Please call 01454 338985 or email sales@phoenixse.com for more information.