WHO USES LEASING?
It is estimated that over 90% of The Times Top 100 companies use leasing or asset finance as a means to acquire its office and other equipment. Most Local Authorities use leasing as well as Health Authorities. As well as the Blue Chip Plc's and councils, most SMEs and small business's use leasing and asset finance.
Over 90% of the top accountancy firms use leasing. They know when they see a good thing !
We are all using cost comparison websites, for our insurance, for holidays, flights, and even cheapest petrol prices. Oak Leasing has launch Oakleasedirect, it is very simple, you either put in the rate or rental you have been quoted, and we will see if we can obtain a lower quote.
Latest figures from the FLA show that equipment leasing in the last 6 months amounted to £3,714 billion pounds. That is just for equipment, and does not include plant or any vehicles. Growth is up by a further 12%
Reasons to Lease.
- The credit crunch will affect thousands of SME's and small business's as banks will either reduce the overdraft limits or impose different terms on their lending . These SME's will still have to acquire their new equipment, and leasing will give them a new credit line that once agreed and started, the terms cannot be changed in any way, which includes the monthly or quarterly repayment.
- Leasing does not affect existing banking overdrafts or other credit or HP lines. With credit being restricted, leasing will be the main way for business to overcome the credit crunch and acquire new equipment.
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Leasing conserves valuable working capital for more profitable use elsewhere in your business.
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Assists accurate budgeting and forecasting, as lease is tailored made for your requirements. As leasing is a fixed cost, and inflation rises, the real cost to you will decrease.
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Upgrade equipment at any time during the lease, so you will always have the option of the latest technology.
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Everybody's reason can be slightly different, but the basis is always the same; spreading the cost over the life of the equipment and making the transaction tax efficient.
No one pays their staff 3 years salary in advance, why should you pay for your equipment 3 or 5 years in advance, before it has started to contribute profit to your business. For many, leasing just makes common sense. Click here for a brochure
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Oak launches Dutch leasing partner
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Austrian Equipment Manufacturer links with Oaks European push
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CCTV Distributor chooses Oak Leasing
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Oak completes on large Swedish I.T. Deal
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Oaklease Direct launched
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Oak Launches new quick quote calculator for new starts business
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American Company choses Oak as European Partner
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Equipment Leasing
Equipment
