Leasing FAQ's.


We have tried to compile the most frequent  and relevant questions that you ask about leasing on an everyday basis.

I am starting a new business, can I arrange leasing for the equipment needed? 
Yes. We can lease whatever equipment you require for a start up business.

Can I include installation  and software costs in my lease? 
The answer  is nice and simple, Yes.

Do I need a large down payment? 
Typically a large deposit is not necessary. You can start your lease with normally either one or three months rentals in advance.

My credit isn't perfect, will I be able to have a lease? 
Past credit issues do not necessarily disqualify you from obtaining  a lease. The underwriters will consider how long you have been in business and what equipment you are buying; as well as your current situation.

What are the tax benefits? 
Leasing is wholly allowable against taxable profits. It is estimated that over 90% of the Times Top 100 companies use leasing services as the best way to acquire equipment. See here for cash V lease comparison

How much can I have on a lease? 
You can have any amount that you can safely afford
 
 
I need to raise some money, can I finance equipment I already own? 
Yes, this is known as sale and leaseback. Under certain circumstances. As a rule they have to be durable assets, for example CNC lathes, but really anything with a proven resale value which can be uniquely identified with a serial number or other form of identification. Valuations could well be required.

 
My credit isn't perfect, will I be able to have a lease? 
Past credit issues do not necessarily disqualify you from obtaining  a lease. The underwriters will consider how long you have been in business and what equipment you are buying; as well as your current situation.

What are the tax benefits? 

Leasing is wholly allowable against taxable profits. It is estimated that over 90% of the Times Top 100 companies use leasing services as the best way to acquire equipment. See here for cash V lease comparison


How much can I have on a lease? 
You can have any amount that you can safely afford

Oak Leasing,the equipment leasing specialists secured by Thawte

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