Flexible payment plans allowing you to purchase the technology you need, not just what you can afford.
Working with our partners Colonial Equipment Finance, we can offer Small Business Leasing on orders from £1,000 up to £15,000 Ex Vat, tailored to suit your company’s unique requirements.
Other leasing options are available for orders higher than £15,000. Please contact our business team for more information on 02392 322500 (option 1)
We can also help you manage the lifecycle of your hardware; to plan when the time comes to upgrade or replace your equipment.
The benefits of leasing
|Tailored PaymentsRental agreements may be individually tailored to meet your budgetary requirements. Agreement terms can be from 1 year to 5 years and incorporate holiday periods, irregular profiles and stepped rentals.
|Tax EfficiencyLease payments may be offset against taxable profits, reducing the net cost of leasing the equipment.
|Conserve Working CapitalIf you buy equipment outright the capital invested becomes tied up in depreciating assets. Leasing allows you to retain cash in the company for other purposes.
|Immediate access to Equipment and SoftwareYou can acquire much-needed equipment immediately. There is no need to wait until funds are available and 100% financing means that deposits are not necessarily required.
|Maintains Credit LinesExisting credit lines remain intact. As a result, you can acquire the solution you need and have the flexibility to use your bank’s facilities in the future.
|FlexibilityLeasing means that funding growth doesn’t have to come at a cost to other parts of your business, and it will have no adverse impact on your cash flow. You can choose to spread the cost of the equipment over 1 – 5 years, paid monthly or quarterly.
|Upgrade OpportunitiesYou can add to or upgrade your original kit, in many cases by simply extending the length of the lease; this can be achieved without an increase in your monthly or quarterly payments.
|Easier BudgetingPayments are fixed for the full agreement period and are not affected by inflation or changes in interest rates, simplifying your budgeting process.
What happens at the end of the lease?
At the end of your lease period Novatech can assist you in either refreshing and upgrading, arranging continued use of or returning the equipment.
How to place an order
Call us today on 02392 322500 (option 1) or fill in the form below to find out how leasing can work for your business.
Novatech Limited is Regulated and Authorised by the Financial Conduct Authority. We act as a credit broker in any finance transaction to find a suitable arrangement for you. Colonial Equipment Finance is acting as lessor – Any lease entered into with Colonial Equipment Finance is subject to application, credit and their terms and conditions. Colonial Equipment Finance has provided the above figures. All figures are indicative only, subject to VAT where applicable, final underwriting/credit approval, document administration fees will be collected with the first monthly payment, errors and omissions excepted. The stipulated tax relief assumes a representative rate of 19% due to the scheduled corporation tax rate reductions over the coming years. It is recommended that you seek professional financial advice for exact taxation benefits relevant to your business. Colonial Equipment Finance is both authorised and regulated by the FCA under Firm Ref. No. 724645