Leasing as a funding option for home furniture

About leasing

Leasing is a smart method of finance that allows you to ‘rent’ your equipment and offset the payments against taxable profit. Payment terms can be over 3, 4 or 5 years to suit your budget, with shorter leases available but at a higher rate.

The most advantageous way to finance your home working furniture requirements would be to lease the complete project in one capital sum and then release payments in stages. You remain in control of the payments and each segment of work is authorised by you as your staff members receive their furniture. Alternatively, multiple leases can be arranged in much the same way as company cars, making it possible to lease home working furniture in batches based upon a monthly expenditure or as an individual project.

Benefits of leasing

• Payments are 100% tax allowable - If you lease your furniture, payments are 100% tax allowable which means they can be offset against company profit, making leasing the most tax-efficient method of financing your home working solutions for staff, and can even work out cheaper than paying cash.
• Fixed payments for accurate budgeting and forecasting - Unlike other methods of finance such as floating-rate bank loans and overdrafts, payments are fixed for the duration of the lease period allowing you to budget effectively and with certainty. It also provides you with a hedge against inflation.

• Get the right home working solution now - By spreading the cost over 3, 4 or 5 years you can acquire the solution that fully meets your needs right now, rather than being restricted by your current capital budget.
• Ease cash flow - In most cases, we can arrange a lease facility with no deposit, thus reducing the impact on your cash flow.
• Preserve borrowing power - Leasing means you preserve your existing bank credit lines without compromising future working capital, leaving them available for future business development or investment purposes.