Business Equipment Lease

Important Questions

As a SME (small medium business) owner/ operator you are aware of your cash position. So when it comes to updating and upgrading plant and equipment or vehicles, you might ask the following questions "Should I pay cash or should I finance it."

What is Leasing?

This is a traditional form of plant and equipment and vehicle finance for businesses both small and large.
Benefit to you in a Lease

- Fixed monthly payments
- Fixed interest rate
- Each payment is generally 100% tax deductible
- Use a residual value to lower monthly payments
- Conserves working capital and cash reserves.

Ideal Items To Lease

Business Equipment, Cars, Plant & Machinery, Trucks, Heavy Machinery, Cranes and Industrial Machinery for business purposes.

Your Objectives in Leasing Should be

- You do not want to own the item financed at the end of the loan
- You will trade and upgrade in 3-5 years
- You are not trying to build up equity in the item financed
- It is purely for business purposes.
- You want the tax deduction
- You do not want to pay cash or buy the item