Finance & Leasing Options
At MTCSS we can assist you with arranging finance and leasing options for our range of temperature controlled solutions – which not only helps with your cash flow, but also comes with other benefits.
If you are looking at investing in a new cold room, ambient area, or range of high speed doors, but you are looking for a way to spread the cost – finance and leasing could be the solution for you.
Kennet Leasing offer finance and leasing solutions to help grow and expand your business with a range of fixed term leasing and hire purchase options to suit your budget.
What is Finance Lease?
Finance leasing is a credit agreement that helps you to acquire assets to maintain and grow your business – without having to buy the asset outright. It is available to an array of businesses including limited companies, partnerships and sole traders.
We can offer flexibility in terms of:
• The length of the agreement
• Rental repayment profile
• End of lease options
What are the benefits of finance leasing?
• You are able to retain cash within your business compared to making an outright purchase of an asset
• Effective financial planning – budget for the lifetime of your asset and forecast cashflow
• Using the latest assets helps you remain competitive by keeping your costs low
• Tax advantages: you could save between 19% and 40% of the lease payments, depending on the rate of tax to your business
• Claim capital allowance: when you buy plant (including refrigeration) you can deduct a proportion of the cost from your taxable profits each year (known as capital allowances). You can claim capital allowances if your equipment is: bought outright, bought through hire purchase or supplied under a long funding lease (normally over seven years).
Things to be mindful of when considering finance options:
• The agreement is secured against the asset
• Non-payment could negatively affect the credit rating of the business and the guarantor
The Finance & Leasing Process
The process of financing and leasing a project is simple, but here’s where to start…
• Request a quote from the MTCSS team – we will send you some details of the finance costing options when we send the quote
• If you’d like to go ahead with the quote and the project let us know!
• We will then pass on your details to Kennet Leasing who will be in touch to discuss your options
• We will schedule a site survey to confirm the details and costs of your project
• Your Kennet Leasing contact will help you with your paperwork – once confirmed we will start the process of ordering your materials and the installation of your project!
• It’s as simple as that!
If you’re interested in a finance and leasing option on a temperature controlled project, get in touch with our team! Call us on 01886 833381, email us at sales@mtcss.co.uk or fill in an enquiry form below!
