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Why Lease?
It is a fact that one of the most common causes for business failure is lack of capital and poor money management. Cash flow needs to be protected and overdrafts used to finance debtors and 'work in progress'
Maintain your cashflow by buying new equipment in the most cash efficient manner - by leasing it and having it pay for iteself as it earns you money. Leasing has advantages over other forms of borrowing:
Protects your Bank Facility
This could be needed for types of borrowing for which leasing is inapplicable. It can see you through quiet trading periods, help absorb a bad debt, fund a big budget shoot or meet unexpected expenses.
Upgrades
Digital technology moves at a furious pace and leasing allows for upgrades of equipment during the term of the agreement, giving you far more flexibility to take advantage of the latest technology.
Small Downpayment
Only one month's rental, plus a documentation fee is required up front so for a small outlay you can either renew your existing kit or set yourself up with everything you need to enter the digital market.
Tax Efficient
Importantly, all the rentals paid are fully tax deductable, which means that the full cost of the equipment is written off over the period of the lease as opposed to hire purchase, lease purchase or straight cash purchase whereby it takes more than 13 years to fully write off the asset.
DTEK Systems has worked closely with PhotoLease, our preferred leasing company, for a long time now, and as specialist lenders to the photographic trade their knowledge of the industry makes the finance process straightforward, friendly and efficient.
For more information, please give us a call on 0870 4287008. |