The benefits of leasing and financing your scaffolding equipment are copious. Not that we are bias, but many aren’t actually aware of the benefits that a finance option can offer. During this blog, I will be listing just a few of the key perks that financing can provide your scaffolding business.
Obtaining finance is one of the most effective ways to free up your cash flow. Finance allows the preservation of cash that can be used in other areas of the business.
Leasing can provide significant tax benefits for your business. Did you know that 100% of your lease payments are deductible against your company’s corporation tax bill? Learn more about the tax implications of leasing here.
Cheaper than hiring
Not only is leasing usually cheaper than hiring, but depending on your chosen agreement type, you are also given the option to own your equipment at the end of the term. This meaning that you can still profit from the equipment, allowing you to remain competitive for your future deals.
Instead of in a lump sum like you paying upfront, your VAT is spread along with the asset payments.
Access to the latest equipment
Through a leasing recycling strategy, the latest equipment is made affordable. A recycling strategy means that you can renew your equipment at the end of your agreement term. Allowing you to gain a competitive advantage in your industry.
Alternative source of funding
With scaffold finance, there is no need to use up an existing bank facility. We also believe that our service is a lot more personalised and attentive than you would receive from a mainstream bank.
Should you have any questions about benefits of scaffolding finance, please get in touch. Give us a call on 01494 506 383. Or send an email to firstname.lastname@example.org and a member of our sales team will be in touch shortly.