Benefits of Leasing

Leasing allows you to acquire the practice equipment you need without the initial capital outlay, creating a stable expense environment and assiting better budgeting.

With no capital outlay and even monthly repayments, funds are retained within your practice and preserved for use in more productive areas.

Benefits Snapshot

           Terms from 12-60 months
           Tax deductible payments
           Preserve existing credit lines
           Increase your ROI
            Release working capital for more productive use
            Easier budgeting with one easy monthly payment
            Stay one step ahead with the latest model technology


Product Comparisons
(Comparison.pdf)
The below product comparison table acts as a sanity check between all the different lease and finance options available and details more specific benefits that each will provide for you and your practice.  Whilst this information acts as helpful guide we also recommend that you consult with your accountant or tax advisor.
 

CUSTOMER BENEFITS  Operating
Lease
Rental
Agreement
Finance
Lease
Lease to
Own
Credit
Contract
Term from 12-60 months

Predetermined operating cost enabling accurate budgeting

         
Balloon or residual payment available      
Simple administration      
           
OPERATING COSTS  Operating
Lease
Rental
Agreement
Finance
Lease
Lease to
Own
Credit
Contact
Optional maintenance or service contract linked to asset      
           
END OF TERM  Operating
Lease
Rental
Agreement
Finance
Lease 
Lease to
Own 
Credit
Contract
 
No disposal concerns      
Protected from resale risk      
Responsible for profit (loss) on resale    
Choice of purchasing or returning at the end of the term        
Eventual ownership      
           
ACCOUNTING REQUIREMENTS  Operating
Lease

 Rental
Agreement

 Finance
Lease
Lease to
Own
Credit
Contract
 Tax deductible payments  
 GST on payments claimable  
 Payments fixed for the contract term
 No accounting for depreciation or interest cost      
 Off balance sheet finance      
 Increase in balance sheet liabilities    

 

Getting Started
Get started here, and with Professions expertise we'll make the whole process as easy as 1-2-3.

Questions?

For more information and to see how Professions can help bring your practice to life the easy way call one of our team now on
0800 123 001

* Product information and comparisons are for illustrative purposes only and do not constitute accountancy or tax advice.  Professions Finance & Leasing Limited reccommends that you consult with your accountant or tax advisor prior to making any important long term financial decision.



Benefits of Leasing
Leasing allows your practice to acquire the equipment to stay one step ahead
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Getting Started
"Professions expertise makes the whole leasing process as easy as 1-2-3"
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Request a Quote
For a detailed quote, take a minute to complete our online request form
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