Now is the time to use equipment leasing, not tomorrow!

As the UK economy starts to re-boot itself out of the latest recession, businesses are looking to invest in new equipment. Up to now, many companies only bought new equipment if the old equipment was unrepairable. But things have changed, companies are now investing in the future.

Coming out of such a recession is the best time to invest, and seize the opportunities that are available for growth. The other key factor is that bank rates and interest rates are at the lowest they have been for many many years.  This point neatly brings me to the crux of my article. Equipment leasing is a fixed repayment at the time of signing the agreement. So as Mark Carney, the Govenor of the Bank of England has already warned, that  bank base rates will start to increase over the next year,  from their historic low of 0.5%. The golden opportunity of obtaining your new equipment at the lowest rates for over a decade is here now, not tomorrow or next month or after the holidays .

 

Often, people think of equipment leasing as only applicable for machinery, or office equipment or IT hardware. Think again , 100% software, no problem, shopfitting and shelving, no problem, and in this sunny weather, air conditioning systems, no problem.It gets even better, Oak can arrange leasing throughout most of Europe, so if you sell into Europe, leasing is available for you to offer your equipment on a lease to your customers, and helping you close perhaps one or two extra deals per year that you would have lost.

 

Especially now as many European companies are finding that their existing credit lines in their respective countries have been reduced and cut back. We have an example of a very large US company, who sells capital equipment in the UK, and now we handle their leasing throughout Europe. We simply took the stress out of them trying to find an european equipment  leasing company is each country, they now have one point of contact to arrange their leasing throughout Europe. The best part is that it works well for both them and their customers.

 

If you really take your blinkers off, this is just the tip of the iceberg! With Oak, we can offer refinance on existing equipment or assets that you have, so that you can enjoy the lower rates that are available now, and free up cash for either working capital on new projects or opportunities.

So this Summer, dont let it simply drift past you, windows of opportunity are only open for a finite period, and then they close. Give Oak a call now, and let us keep the window open for you and enable you to seize your opportunities!

 

 

 

 

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