Lease Rental Finance
Choose a more flexible financing option
As your business needs change, so do your financing needs to cater for those changes. At Entropie we’re pleased to offer innovative and flexible lease rental options to help you purchase your new communications systems.
With an agreement tailored to fit your budget, you can enjoy the benefits of the latest technology without having to compromise on your choice of solution. You can also leave valuable capital free for more strategic and profitable use, such as reinvesting it into your business. Payments are 100% allowable against tax.
Why customers use lease rental:
Avoid obsolescence – By using our rental facilities, you have the option included in your contract to add, replace or upgrade your equipment with potentially no increase in the rental cost. This gives you significantly more options as your company grows or technology changes.
Reduce impact on cash – By financing your equipment via a rental option, you spread the cost of the equipment over several years and remove the need to make a large capital outlay as soon as the equipment is installed. This enables the solution to ‘pay for itself’ and, where appropriate, gives you the option to choose a more suitable, higher-cost solution with less impact on your cash flow.
Rental repayments are classed as ‘revenue expense’ – Lease rental contracts are worded so that the repayments can be classed as a revenue expense (subject to auditor approval). This not only provides potential acceleration of tax relief, but also removes the need to capitalise the item, and the borrowing, on your balance sheet.
Fixed repayments – Unlike a normal bank facility, the repayments stated on a rental contract are fixed for the duration of the contract. This enables you to precisely budget for future costs.
In summary, leasing is a valuable and competitive alternative, and is ideally suited to the changing needs of today’s communications. It leaves traditional lines of credit intact and offers outstanding flexibility. Payments are unaffected by interest rates, budgeting is simple and you have complete peace of mind.