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Vendor Finance Schemes - Benefits To Your UK Customers - Quick Guide

Guest post by: Al Shea

Article Overview: This article is a short and concise guide covering the benefits to your UK customers acheived by leasing their equipment from you, instead of buying it outright using cash from their business account.

Free Download - The Best Finance Comparison Sites And Reasons Why By Al Shea
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Vendor Finance Schemes - Benefits To Your UK Customers - Quick Guide

Leasing vs Outright Purchase

No Capital Expenditure

Let them keep their money in their business and spend it on growing their company.

Leasing all assets helps a company grow far quicker - meaning more equipment will be required and can be sold into them in the future.

Fixed Term (Allows Effective Budgeting)

Leasing can be offered on a minimum of 24 months up to and in excess of 60 months, but shorter terms can also be arranged if required. The customer then knows the exact amount that will be coming out of their business each month.

Fixed Payment (A Hedge Against Inflation)

Once a lease is signed and activated, the rental figures are fixed for the duration of the term of the finance document, hedging against inflation - something that is currently very key with businesses in the United Kingdom

Preserve Other Credit Facilities

A quality leasing scheme normally gives your customer access to at least 10 -15 independent funding lines.

Through usinga reputable brokerfor your customers they are preserving any other credit lines for future use, such as their banking facilities.

The Ability To Upgrade Equipment

Allow the customer access to upgraded equipment when it becomes available. This ensures the customer always has cutting-edge equipment for a monthly ongoing fee, each time also helping your business realise a new sale from each upgrade.

Rentals Are 100% Allowable Against Taxable Profits

Lease Rental is fast becoming the most popular way of acquiring new equipment for a business. Due to the tax relief available, many businesses choose to lease products over outright purchase wherever possible.Aleasing scheme simply helps them do this effortlessly.

Allows You the Equipment You Need Today

You can sell the business the equipment they require to optimise their operation today, rather than have them compromise due to lack of funds. For a simple monthly fee you can supply them their perfect solution and maximise the sale potential for your own business.

Related Articles
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  When buying a business you can ask for vendor finance
  Equipment Suppliers - Can You Offer Finance Options To Your Customers?
  Want To Offer Customer Financing Programs? 3 Things You Need To Consider A Vendor Equipment Program
  Why Should You Offer a Finance Scheme To Your Customers? - Quick Guide

Home > Small-Business-Loans > Al Shea > Vendor Finance Schemes Benefits To Your UK Customers Quick Guide
Article Tags: business account, concise guide, finance schemes, uk customers, vendor finance

About the Author: Al Shea
RSS for Al's articles - Visit Al's website

Al Shea started out as a Business Finance Broker in 2002, helping UK businesses source finance for their equipment and asset requirements. Since then he has also gone on to create the popular Consumer Finance website - http://www.HonestJohnny.co.uk - which covers all the latest loans, insurance, credit card, investment, and pension deals currently available in the UK. The website also covers business finance and gives you direct access to Al's existing UK funding lines offering flexible asset finance for your UK business. For a quote go to http://www.HonestJohnny.co.uk/businessfinance

Click here to visit Al's website
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More from Al Shea
Lease Rental versus Outright Purchase A Worked Example
Should You Get a Business Loan or a Credit Card
The associated document fees related to a standard UK finance agreement
The difference between fixed term and minimum term business finance agreements
What is a Vendor Finance Scheme and How is it Operated in the United Kingdom


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