LEASING
Leasing is a tax efficient way of financing the purchase of equipment over a two to five year period. Through our licensed leasing brokers Chiller Box can make the necessary arrangements to facilitate your purchase in this way.
Benefits of leasing
- 100% tax efficient - all leasing payments are tax allowable and therefore reduce the taxable profit of the business by 100% of the charge, reducing your Corporation Tax bill.
- Improved cashflow - the reduced burden on cashflow compared to outright purchase means you can buy the equipment you need, rather than the equipment you can afford.
- Let your equipment pay for itself - acquiring your equipment with minimal capital outlay means your business can benefit from the savings or additional profits immediately, so covering the future lease rentals.
- Unsecured borrowing - the equipment being leased is generally the only security necessary. No property is used as security. Occasionally directors’ guarantees may be requested by the finance company for some limited companies.
- Rates - our leasing rates are very competitive.
All quotations and applications for leasing are subject to status. Full written details are available on request. Chiller Box are licensed by the Office of Fair Trading (under CCL no. 571213) to offer leasing facilities.