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Payment OptionsAt Redmount, we understand the importance of offering our customers flexibility in terms of financing the purchase of equipment. We therefore offer a number of payment options as set out below:
Lease FinanceWhy not spread the cost of your equipment and pay for it as it generates profit? Leasing facilities are available, subject to status.Benefits of LeasingTax advantagesAll leasing payments are 100% tax allowable. Every payment that is made on a leasing agreement could qualify to reduce your business Corporation Tax bill. (For further information we would recommend that you consult your company accountant)
Fixed Rate PaymentsUnlike Overdraft facilities lease rental payments are fixed for the term of the lease and are not affected by interest rate changes, thus allowing you to budget effectively.
Preserve other credit facilitiesLeasing allows you to purchase equipment which is important to your business whilst keeping valuable cash in your bank which may be used for other purposes which are not as tax efficient.
Ownership of the equipmentLeasing can offer the customer ownership of the equipment at the end of the lease for a small one off payment.
Unsecured BorrowingThe equipment which is being leased is the only security which is generally necessary. No property is used as security, however, occasionally a Directors Guarantee is required for Limited Companies.
Payment CalculatorPlease use the calculator to estimate how much a payment plan would cost.
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