The Benefits of Financing with Infocus ID Ltd:

Infocus ID Ltd has partnered with finance provider, Tower Leasing Ltd, to provide you with the option of a more affordable solution to suit your business needs.

By choosing to finance our products, you will be able to enjoy some fantastic benefits:

  • Keep cash flow within the business.
  • Get the equipment you want when you need it, not just when budgets allow.
  • Enjoy 100% tax relief rentals payable.
  • Pay weekly, monthly or quarterly payments over a chosen period of time rather than handing over one large lump sum.
  • Keep up with the latest technology by upgrading the equipment at any time throughout the lease period.
  • Structure your lease payments to suit your budgetary needs and allowances.
  • Protect your existing credit lines by using leasing as an alternative funding facility.

 

So how does leasing compare to cash purchase?

Lease vs Buy Example

Assumptions

Equipment Cost: £2,000

Lease Period: 3 Years

Frequency: Monthly

Company’s Tax Rate: 20%

 

Cash Purchase

Year

Capital Allowance

Tax Relief

1

18% of £2,000 = £360.00

Less 19% = £72.00

2

18% of £1,640 = £295.20

Less 19% = £59.04

3

18% of £1,345 = £242.21

Less 19% = £48.41

 Total tax relief:       £179.45


Lease Rental

 

Year

Capital Allowance

Tax Relief

1

12 rentals of £69.60

Less 19% = £167.04

2

12 rentals of £69.60

Less 19% = £167.04

3


12 rentals of £69.60

Less 19% = £167.04

Total tax relief:  £501.12

Company A has chosen to lease its equipment and has gained £321.67 in tax relief.

 

A bit about Tower

Tower Leasing Ltd has been operating in the asset finance industry for over 28 years. Throughout this time the organisation has built many strong relationships with equipment suppliers and businesses in need of equipment across the UK.

Tower takes care of the entire lease process to ensure suppliers and customers enjoy a simple and quick leasing experience.

Along with strong connections with 20+ financial institutions Tower has access to its own book funds making clearing customers for finance a simple process.

Infocus ID Ltd will be working alongside Tower to provide you with an investment solution which will benefit your business greatly.

Learn more about leasing

Contact Tower Leasing