Reasons to lease Shopfitting from John Allan Aquariums …
The credit crunch has affected thousands of SME’S (small and medium sized enterprises), as banks reduce the overdraft limits or impose different terms on their lending. These SME's still have to acquire their new shopfitting, and leasing will give them a new credit line that once agreed and started, the terms cannot be changed in any way, which includes the monthly or quarterly repayment.
Leasing does not affect existing banking overdrafts or other credit or HP lines.
With credit being restricted, leasing is the main way for business to overcome the credit crunch and acquire new equipment.
Leasing conserves valuable working capital for more profitable use elsewhere in your business.
Leasing is fully tax allowable and assists accurate budgeting and forecasting. A lease is tailored made for your requirements at a fixed cost, as inflation rises, the real cost to you will decrease.
Upgrade equipment at any time during the lease, so you will always have the option of the latest technology.
Everybody's reason can be slightly different, but the basis is always the same; spreading the cost over the life of the equipment and making the transaction tax efficient.
No one pays their staff 3 years salary in advance, why should you pay for your equipment 3 or 5 years in advance before it has started to contribute profit to your business. For many, leasing just makes common sense.
Oak Leasing have been members of the SDEA shopfitting association for over 10 years.
Oak Leasing Ltd, 11 Oak Avenue, Standish, Wigan, WN6 0EA
Tel. 01257 427049 — E-mail. www.oaklease.co.uk