A new financial year is on the horizon and every business needs solutions to make everything run as smoothly as possible.
New financial year preparation
A new financial year is on the horizon which means the majority of companies in the UK are focusing their attentions on the following aspects of the business:
- Budget reviews for the coming financial year.
- Tax savings and expenditure.
- Future investment plans for the business.
These three elements are vital to business growth and success, therefore this is a busy time of the year for many.
Providing smart solutions
A part of planning future investments for the new financial year is acquiring equipment which is vital to the operation of the business. There are many investment options available to companies such as cash, loans, overdrafts and lease finance.
To find out more about investment options download our e-book, 4 Ways to Invest in Equipment.
Lease finance – a smart investment solution
Not only will leasing equipment benefit companies in many ways it will also ease the pressure of the 3 main focuses of the new financial year.
- Leasing is flexible to individual budgetary needs.
Fixed, structured lease payments enable companies to keep track of their budgets throughout the year.
- Claim 100% tax relief on all rentals payable.
- Leasing enables companies to invest in equipment they need in a cost-effective way.
Equipment suppliers & companies investing
Many equipment suppliers already offer lease finance alongside cash purchase but many still do not. Offering leasing can seem daunting but it is very simple especially when a supplier has a finance provider taking care of all the work.
For those companies who are investing in equipment and are talking to suppliers directly, simply ask the question “do you offer leasing?” If you don’t ask, you don’t get.