07 Aug 2024

Why IT Leasing is a No Brainer for UK Small Businesses

Why Lease?

Preserve Cash Flow

Keep your cash where it matters – in your business. Leasing spreads payments over time, avoiding big upfront costs.

Stay Current

Tech moves fast. Leasing means you always have the latest gear, boosting productivity without constant reinvestment.

Massive Tax Benefits

Lease payments are usually fully tax-deductible. That’s right – you can deduct the entire lease cost from your taxes, saving big compared to owning equipment that depreciates over time.

Flexibility

Choose terms that fit your needs. Tailor the lease length, payment schedule, and equipment type to suit your business.

No Obsolescence Worries

At the end of your lease, simply return the old equipment and upgrade to the latest tech. Stay efficient and competitive without worrying about outdated gear.

Easy Budgeting

Fixed monthly payments mean no financial surprises. Predictable expenses make for better budgeting and planning.

How It Works

  1. Assess Needs – Identify the tech your business needs.
  2. Choose a Provider – Find a leasing company with terms that suit you.
  3. Negotiate – Agree on lease duration, payments, and terms.
  4. Sign and Receive – Sign the lease and get your equipment.
  5. Upgrade – At lease end, upgrade to new tech easily.

Real-World Impact

An Essex-based marketing agency that we support recently financed their 365 migration, managed services and ongoing support, boosting productivity and freeing up cash for staff recruitment. The result? Increased client growth without a massive initial outlay.

Bottom Line

There are many reasons, of course, but there’s one particularly powerful argument: your accountants are very likely to recommend it.

Leasing IT equipment is a savvy move for UK small businesses. Enjoy financial flexibility, cutting-edge tech, and huge tax benefits. Keep your business agile and competitive with IT leasing – the smart choice for today’s small businesses.