Enables you to use the equipment you need while preserving your capital and is ideal when you want to lease for an agreed period with the option to buy the asset at a later stage.
Leasing is ideal if you want to:
Use an asset without the immediate risk of ownership
Upgrade your asset with the latest or best models suited for your business
Have the choice of owning the asset at the end of the term or returning the asset
Control the residual value of the asset at the end of the term
Cash reserves can be used for more profitable areas of the business
Cash flow budgeting is made easy as a result of the cost of the asset being spread over fixed monthly payments
No set up costs or other hidden costs, you just pay the regular lease instalments.
The only security required is the asset itself.