PPS Services - Leasing
Who can choose leasing?
All businesses can lease, and with the flexibility and independence of Shire Leasing they can offer finance to companies of all shapes and sizes from PLCs to sole traders established blue chip companies and the public sector
How leasing works
A lease agreement is a contract between you, the customer and the leasing company.
The contract enables you to use the equipment over a period of time on payment of rentals to us as your leasing company.
All payments are made by direct debit on the same date each month.
Why leasing works for you
- Access to another line of funding
By using leasing you access an alternative line of funding which protects your other lines of credit such as loans or overdraft facilities and conserves any
capital so it is available for your business. - Tax deductible payments
All leasing payments are rental payments and as such are an allowable business expense. Therefore if your business is making profits they reduce the profit by the amount of rentals you pay each year, which in turn reduces your tax bill. - Flexible payment terms
Leasing contracts can be structured to fit your business requirements including budgets, cash flow and timeframes. - Maximises your financial power
Your lease can often finance everything related to the purchase and installation of the asset and can free up cash flow to pay for items such as training. - Improves your cash flow
With minimal upfront payments you can spread the costs over a time period to suit your business. - Fixed interest rates
Interest rates are fixed throughout the lease, right from the very start. This really helps with cash flow planning, making cash management more predictable and easier than with a variable rate loan. - At the end of the contract
You have the option to extend the agreement, or simply return the equipment and take out a new agreement to fund the latest product from PPS Ltd.
