Leasing & Finance
Brightel Datanet as licensed credit brokers offer finance leasing on purchases of £1000 or more. Any of our products and services can be leased including cabling systems and second user equipment. We can often provide leasing for new start up businesses.
What are the advantages of Leasing?
- No capital outlay; capital is preserved for more appropriate use
- Buy at today’s prices with payment spread against future earnings
- Tax efficient: rentals fully deductible as an operating expense
- Tax simple: no capital allowance and depreciation complications
- Unlike an overdraft fixed interest rates & known expense over the term
- Acquire the equipment you need now rather than compromising to fit capital expenditure budget
How does finance leasing work?
- Credit application form filled in by customer & sent to leasing company
- Leasing company gives the go ahead and issues documentation often within 48 hours
- Equipment/services are paid for on a monthly or quarterly basis usually by standing order over a fixed term which is typically 3, 5 or 7 years.
- There is usually no deposit and the customer can purchase title to the equipment at the end of the term typically for one extra payment
How much will it cost?
- For equipment valued at £3,000: 37 monthly payments of £102.85 + VAT
- Or equipment valued at £3,000: 61 monthly payments of £69.50 + VAT
- For equipment valued at £10,000: 37 monthly payments of £338.40 + VAT
- Or equipment valued at £10,000: 61 monthly payments of £227.12 + VAT
Standard Rates are given above. Rates are subject to financial status. A Company, which has been trading for at least 5 years with a good balance sheet, should pay less. A newly established company might pay more.
Demonstrations can be arranged in our Brighton showroom
01273 244400