In the present financial climate, equipment leasing and asset finance for SME's is proving to be critical for many thousands of companies and SMEs, who through no fault of their own are experiencing some degree of either banking or cashflow problems.

Oak has funding available for all types of equipment, from IT and computers,telephone systems, plant and machinery. Whatever equipment that SME's need, we have the funding in place ready to fund your equipment. We can even arrange  Sale and leaseback, for equipment which is a growing and crucial part of any companies financial plans in the current turbulent market. Putting it simply, sale and leaseback enables companies to free up capital, to strengthening their balance sheet, and helps with cash flow. We will even settle existing leasing or HP agreements on equipment and then refinance the equipment over a longer period.
 

This recession is very different from the last two we have experienced. The key difference is that most of the banks have severe problems of their own making, and this is seriously affecting the financial market in that it has caused a credit freeze. The banks are being forced to strengthen their own balance sheets, and so are becoming often reluctant to renew existing banking arrangements with their own SMEs, who are their customers.

Often any extra or additional funding required for new or  necessary asset finance or even leasing is just not available. And yet  SMEs are the real  heart of the UK economy, who employ 13.5 million people - 59% of the UK's total private sector workforce.

Equipment leasing is a new credit line for SMEs away from their  banks, and keeps their banking and overdraft lines free for any unexpected future problem or cash flow issues. In this present time, a very useful option. The phrase never keep all of your eggs in one basket is very apt at this present time.  According to a recent survey, a large proportion of SMEs have had their applications for new finance refused by banks. 

The fact that leasing for SME's  is wholly allowable against tax means that equipment leasing is very tax efficient.

Equipment leasing is a fixed cost , and for a fixed and agreed time, unlike  banking overdrafts, which are normally renewable every year. Equipment leasing will give you peace of mind, in knowing that your lease will simply run, and is not able to be withdrawn from you.

Leasing will help you in accurate budgeting and forecasting, and can be tailor made for your  individual requirements.  SMEs will have the opportunity to upgrade equipment at any time during the equipment lease, so you will always have the option of the latest technology. 

Everybody's reason can be slightly different as no SMEs are the same,  but the basis is always the same; spreading the cost over the life of the equipment and making the transaction tax efficient.

We are committed to helping as many SMEs get through this financial downturn  as possible. We have our oakleasedirect lease rate comparison site to provide you with help 24/7. 

 Whatever your needs or requirements, please just either call us on 01291-625211 or e-mail sales@oaklease.co.uk