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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...
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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....
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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...
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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...
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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...
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According to the The Department for Business, Energy and Industrial Strategy, £23.4bn worth of late invoices are currently owed to small firms across Britain, a situation which has forced the body to consider new measures and legislation to clamp down on late payers.The volume of late invoices has creeped up during 2020, not surprisingly due to COVID-19. Small...
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Working from home, remote-working and flexible working arrangements are all phrases that have been used almost daily since lock-down was first mentioned earlier this year. With many businesses moving back out of the offices and some having never returned after lock-down, it is clear that this is something that will be around for quite some...
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Equipment leasing is quite simply the process of acquiring equipment and technology via third-party finance and paying for it in manageable monthly amounts over a pre-agreed term. Equipment leasing allows any type of business to affordably acquire business-essential equipment and technology without the upfront expenditure. Leasing enables the business to preserve their cash-flow and put...
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Lease Group, a leading equipment and technology funder in the UK, has today announced a recruitment drive in preparation for life after lockdown. The company currently services over 750 suppliers across telecoms, IT, energy, AV and healthcare sectors plus over 2,000 business customers with their finance needs. Experiencing year on year growth since it’s launch...
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The answer is yes – it’s called Sale & Leaseback. Over the past two weeks Lease Group has seen a significant increase in demand for our Sale & Leaseback service, which effectively enables businesses to convert recent equipment and technology purchases back in to cash. Due to the current demand, and with only 2% of...
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