1. Clients wish to preserve their Bank facilities for working capital, day to day running expenses.
2. The Bank will generally require additional security to support an Equipment finance proposal. 

• Wouldn't a Bank Loan be better?

Bank Loans have several major drawbacks. You may find that interest rates rise, making it more expensive than you first imagined. Bank loans eat into your available credit facilities and can carry costly set up charges. Leasing provides additional credit facilities which can be fixed for the duration of the agreement, without costly set up charges and with no additional security over your assets.

• What if I need to add onto or upgrade my equipment in the future?

With a Lease agreement, you can add onto or upgrade it anytime you need in the future. This allows you to continue to meet your future needs and remain in control of your budgets.

• Are there any financial benefits to my business?

Yes, the financial benefits are that a Lease is treated as an operating expense and is therefore 100% Tax deductable against your business profit account. In addition, Leasing enables you to preserve your Bank facility and improve your cash flow. This makes the Lease Agreement the most cost effective means of financing your new equipment. Abbey Corporate Finance can provide you a bespoke solution based on your business needs and requirements.