Have you considered financing your purchase from Premier 1 Filtration?
Premier 1 Filtration are pleased to partner with Focus Leasing to offer their customers* a comprehensive range of finance options to assist with their purchase. Lease rental and hire purchase are available, with terms from 12 months to 5 years. Focus have over 20 years of experience in this industry and can help all of our customers, from start up businesses to blue chip organisations.
Your complete purchase can be delivered and operational without the need for capital expenditure.
Have what you need today with no cash outlay.
Retain Credit Lines
Keep existing banking arrangements, credit lines and cash free for uses that are more appropriate. Our finance facilities cannot be withdrawn like overdraft facilities. Use bank funding for working capital to maintain a healthy business.
Payments are fixed throughout the term of the agreement enabling accurate and simple budgeting and forecasting. Bank facilities are generally related to interest rates, which is fine when they are low but can cripple cashflow when they increase.
Let the Equipment Pay for Itself
Enable the finance payments to coincide with the benefits of having the new equipment as they start to appear. You wouldn’t pay all your staff costs up front! Pay for the equipment as you gain the benefits, not before.
Keep Up to Date
Combat obsolescence problems or requirement changes as the equipment can be supplemented or upgraded at any time in the future. Have what you really need to do the best job for you, not just what your budget limits you to.
Simple Approval in Two Ways
First of all leasing may be classed as a revenue item for budget purposes which may make it easier for you to obtain authorisation for the expenditure. Secondly, our approval process only takes one phone call and an approval is usually provided the same day.
*To non-regulated customers only
To find out more contact us
Tax effective finance for Merlin Top Fry
The following illustration provides budget figures to help with your purchasing decision.
|Fixed Term Lease||2 years||3 years||4 years||5 years|
Leasing v Cash
By paying cash, the amount you can deduct from your tax bill is limited to capital allowances on the purchase. Also don't forget the interest (or other return on capital employed - "ROCE") that is lost.
Some other benefits
Have what you need today with no cash outlay
Independent finance cannot be withdrawn and keeps existing credit lines open
Use bank funding for working capital to maintain a healthy business
Fixed payments for the term means easy budgeting
Pay for the equipment as you gain the benefit - not before
Let the equipment pay for itself with immediate return on investment - you wouldn't pay your staff 3 years in advance!
Have what you need - not what your budget limits you to
Leasing may overcome budgetary restrictions which prevent capital outlay