Acquiring new IT equipment can make a huge difference to your business, so making this process manageable and affordable is one thing NGI Finance specialise in.
With Finance Lease the equipment is hired to you by the finance company and remains the property of the finance company at all times. Monthly payments and interest rates are fixed for the duration of the contract. VAT is payable on the monthly rentals rather than in full at the outset of the contract.
Finance Leasing can be the preferred option for Partnerships, Limited Companies & Sole Traders due to the significant tax advantages.
The benefits of a Finance Lease with NGI Finance are:
- Fixed Payments – Throughout the agreement.
- Low Deposit – A cheaper way to acquire the equipment you need.
- 100% Tax Deductible – Get back 18-40% of your total payments (inc. deposit).
- Flexible – A repayment structure tailored to your cash flow.
- Fixed or Variable Interest – Whatever suits you better.
- Tax benefits – VAT payable on rentals, not the purchase price.
- Although the customer does not own the equipment they can receive up to 98% of Sale Proceeds.
If you have any questions or if you require a quote, contact us now or call 01993 706403.
