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27 June 2009

Cybercafe Software available from $59!

 



 

Hardware Leasing

Here's a quick overview of some of the advantages in leasing your hardware:

- Inclusive Support and Warrant.

- Tax efficient.

- Upgrade to the latest technology.

- Flexi-lease options allow you to upgrade after 18 months without an increase in your monthly lease.

- Desktop computers starting from £4 per week.

Complete networks including installation from £29 plus VAT per week!
(5 workstations + 1 server + installation + cabling)

If you are interested in discussing possible leasing options, please contact us.

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What is Leasing?

Leasing is a financial contract between you, the customer, and a leasing company. You will be committed to repay a given number of fixed rentals for the term of the contract, (for example 36 monthly payments of £100). If the equipment fails to work, you must not stop paying the rentals as this breaks your contract with the leasing company. You must advise the leasing company at once and ask them to resolve your problem.

 

Benefits of Leasing

There are six main benefits that you will enjoy:

During your lease, your machinery can be changed or modified at any time without penalty. After eighteen months you will receive an option to upgrade. Small additional items can be added at any time.

Immediate use of the equipment without paying the full cost price up front assisting cash flow. You will normally only pay one month's rental following delivery e.g. £82.50 not £1,000 which is the cash price.

Leasing is entirely separate from any bank lending or other credit arrangements you may have. By leasing equipment, your overdraft or bank loans are free for use in running your business.

Because your lease costs are fixed for the duration of the agreement, you can include each year's rentals in your annual budget and remove any guesswork.

You will be able to offset all the lease rentals that you pay in any year against your taxable profits for that year. Therefore, you get full tax relief on any leased equipment and this should reduce your tax bill. This is unlike an outright purchase or HP type agreement where only writing down allowances is applicable.

At the end of the lease, the machinery will be yours for a nominal sum of £39 plus VAT.

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Are you a New Business?

Unlike many others New Businesses are encouraged and supported with the lease arrangements. The same terms and conditions apply whether you started trading yesterday or ten years ago.

Up to £25,000 of lease finance can be provided to new businesses.

As a new start up business it is difficult to establish any Credit history for the business. The owners private addresses will be requested to try and establish some credit history.

Directors Indemnity may be requested if you have set up a new Limited Company. Additionally the first payment may be requested to be equivalent to three months payment. This can be taken by credit/debit card.

Leasing is the most tax efficient method of acquiring new IT equipment and you may wish to discuss this further with your Accountant.

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Please note that this information is subject to change.

All hardware leases are handled by a third party.