Equipment Leasing

Rather than buying the equipment outright, you may prefer to lease the equipment instead.  Leasing is probably the most popular method of financing new equipment today, and has several advantages for companies:

• Leasing converts a large capital expenditure into small monthly payments
• Lease rental is tax deductible
• Leased equipment doesn't show up as a “liability” on a company’s balance sheet
• No need for the equipment to be "depreciated" as it's not on the balance sheet
• Regular lease payments that do not increase, even if interest rates do
• Preserve existing credit lines and overdrafts
• You can have the best equipment for your business, not just the cheapest
• End of lease options

If you are interested in leasing our data destruction equipment, we partner with leasing company Kennet. You can use their calculator to instantly find out how much it would cost to lease:

https://www.kennet-leasing.co.uk/finance-calculator-cbltgc/

As well as the costs you can also apply for the lease directly from their website, or request a call back from them to discuss how leasing would work for you.

*Please note the tax situation can change, talk to your accounts department or accountant to confirm the current benefits of leasing vs purchase.