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It’s a common misconception that large businesses prefer to purchase their equipment, rather than lease it. Taking today’s challenging market out of the equation, 80% of the FTSE 500 have always favoured leasing because of the cash-flow efficiencies, not to mention, it beats tying cash up in ever-depreciating business necessities such as computers, desk phones, air conditioning units and furniture....
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It’s 2021, so it’s no surprise that electric vehicles are grabbing more and more headlines in the motor industry. Established manufacturers demoing their wares and pioneering brands such as Tesla showcasing new models and improved tech, it’s coming thick and fast as the UK market counts down to the proposed 2030 petrol and diesel ban. And...
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With the 2030 government deadline rapidly approaching, you may have noticed the increase in news stories using various terminology such as EV, HEV, BEV and ICE when discussing the automotive world. These terms can be confusing, but thanks to our EV Charging Partner Elmtronics, there is a jargon-buster available for you to use with this and...
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If you are an equipment or technology solutions provider, you’ve probably come across the term Vendor Finance. The meaning however is very much perceived differently depending on which finance solution you use. Here, we’ll explain the definition of Vendor Finance, the Lease Group way. OK, so you run an equipment or technology business. You may be...
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Equipment leasing is called upon by businesses big and small as a cost effective and budgetable way of acquiring the latest technologies. Here we will run through the key reasons for leasing equipment versus purchasing technology and services outright. Firstly though, what exactly is Equipment Leasing? Equipment leasing is quite simply the process of acquiring equipment...
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