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When it comes to acquiring essential equipment for your business, you may be considering the options between leasing and buying outright, which can have significant financial implications. While outright purchases require substantial capital investment, leasing offers a cost-effective alternative which doesn’t just help you spread costs—it also offers significant tax advantages that can improve your bottom line. We look at the tax benefits of leasing,...
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Written by Roger Martin-Fagg, Behavioural Economist. “UK SME confidence remains optimistic but there are economic challenges ahead” About Roger Martin-FaggBehavioural Economist Roger is an economist turned strategist. He began his career in the New Zealand Treasury, then moved into airline business planning and teaching postgraduates all aspects of economics. He designed and ran the postgraduate diploma in Airline Management for British Airways before joining Henley...
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Equipment leasing (or finance) is a banking facility that allows businesses to acquire the latest technology or assets by renting the goods over a pre-agreed term, for a pre-agreed price, usually paid monthly, quarterly or annually. As opposed to purchasing the equipment outright using a company’s capital expenditure, leasing draws upon the company’s operating expenditure. This is traditionally referred to as Capex versus Opex. Leasing,...
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Leading technology and equipment finance providers, Lease Group, has announced the onboarding of its 1000th partner, as its channel solution sees a steady take-up of suppliers. Lease Group, a channel-only funding service for suppliers in telecoms, IT, AV and energy sectors, saw its partner-base double from 500 suppliers to 1,000 between the beginning of 2020 and the end of 2022. The funder, who runs a...
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Many organisations in the UK are investing in electric vehicle (EV) charging stations for their premises. Providing free charging can attract employees, boost a business’s ESG values, and is an important measure ahead of the proposed 2030 ban on the sale of petrol and diesel vehicles. However, the installation of EV charging points in a commercial site demands a large up-front cost. This could leave...
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