Finance Calculator
If you are looking to buy equipment for your business use our Screen Printing Equipment Finance calculator to see how we can help you.
Why lease?
Leasing is probably the most popular method of financing new screen print equipment. Virtually any item of equipment can be leased from £250 to £1 Million.
Should I pay cash or lease?
You may be able to afford to buy your screen printing equipment outright, but before you make this decision you must consider the following:
- All leasing payments are rental payments and as such are an allowable business expense, therefore if a business is making profits they reduce the profit by the amount of the rentals you pay each year which in turn reduces your tax bill.
- Lease payments are normally the same throughout the lease contract. This means that increases in interest rates do not affect you and enables you to budget your cash flow more effectively.
- Leasing enables you to save your cash for other purchases such as new stock, staff training, advertising, new business opportunities and unexpected happenings.
Do my payments increase if inflation or interest rates rise?
No. Your monthly payment is fixed at the start of the lease and so are unaffected by interest rate rises.
This enables you to budget your cash flow more accurately. As inflation rises, because your payments are fixed the cost of the equipment reduces in real terms.
Are there tax benefits associated with leasing?
Yes. Any business wishing to acquire capital equipment should seek the most tax efficient way when doing this. All lease payments are treated as an allowable business expense and therefore attract tax relief for the full duration of the lease agreement. Your accountant will be able to confirm this.
Screen printing equipment finance calculator
This feature will be coming soon… In the meantime please do not hesitate in contacting us on +44 1562 829 009 or at sales@screenprintworld.co.uk to discuss financing.
