Finance Options

/Finance Options
Finance Options 2018-02-07T10:04:25+00:00

Teksmart are proud to partner with one of the UK’s leading asset finance and business leasing companies, with a dedicated team specialising in the technology industry.

Through this collaboration, we are able to offer finance to a range of companies, from new start enterprises to the FTSE top 100. Offering both leasing and hire purchase finance (compare the options below), we will work alongside you to help you select the best lease agreement to suit your needs. For more information or for a specific quotation, please contact the Teksmart finance team on: 01509 323113.

Lease Calculator

Use our lease calculator to calculate your rental repayment:

Choosing The Right Lease Agreement

Scroll table sideways on mobile device to see full table >>

Lease Rental (Finance Lease) Lease Purchase (Hire Purchase)
Term Typically 1-5 Years Typically 1-5 Years
Capital Value £1,000 – £10M+ £1,000 – £10M+
Repayment Frequency Annually, Quarterly or Monthly Annually, Quarterly or Monthly
Fixed or Variable Rates Fixed Fixed
VAT On Each Payment In Full with First Payment
Tax Fully Deductible Partially Deductible (Equivalent to Using Cash)
Ownership Finance Company Throughout Client (Subject to Full Payment)
End of Agreement Equipment Can Be Returned or Retained For Fee Equipment Ownership Automatically Passes With Final Payment
Benefits  
  • Significant tax benefits: rentals are 100% reliable against Corporation Tax.
  • Preserve cash flow: keep the cash in your business to spend on items with higher return.
  • Pay while you use it: no need to pay all up front, pay for the equipment as you use it.
  • Totally flexible: you decide the payment frequency, rental term and deposit.
  • Makes budgeting easier: fixed repayments over an agreed period makes planning and budgeting easier.
  • Preserve existing lines of credit: your existing lines of credit will be unaffected.
  • Ownership: outright ownership at the end of the contract.
  • Preserve cash flow: keep the cash in your business to spend on items with higher return.
  • Pay while you use it: no need to pay all up front, pay for the equipment as you use it.
  • Totally flexible: you decide the payment frequency, rental term and deposit.
  • Makes budgeting easier: fixed repayments over an agreed period makes planning and budgeting easier.
  • Preserve existing lines of credit: your existing lines of credit will be unaffected.

Do You Have A Project We Can Help With?

Call Us Now on 01509 323113