No Large Upfront Costs – Most businesses earn revenue over time, but have to pay for equipment up- front, in one go. Why pay out in one lump sum when with leasing you can pay a small amount every quarter? Businesses prefer to pay as they use!

Cash – Cash is king and it makes sense to use it for expansion or critical business needs. Leasing production equipment/office technology preserves precious cash.

Budget Management – Leasing with GRENKE ensures a fixed manageable payment. Irrespective of interest rate rises. The cost of rental is fixed enabling accurate budgeting.

Preserving Credit Lines – GRENKE offers leasing from £500 upwards. With GRENKE you can preserve your existing bank lines and optimise your use of commercial credit sources.

Technology Upgrades – Leasing allows the customer to take advantage of technology improvement at a time of their choosing and at a reasonable cost. By contrast a business that owns IT equipment can only upgrade by reinvesting and disposing of the existing asset.

Flexible Payment Levels – Businesses can choose the payment level. GRENKE options range from 1 to 5 years. The customer selects the right option so they can have the technology they need at the price they are comfortable with.

100% Tax Allowable - Finance Lease rentals are 100% allowable against pre-tax profits. This means that the total cost of your investment - both capital and interest - can be offset against tax during the lease period, with the leasing payments deducted as a trading expense.

• Cost of Solution £10,000.00

• 3 Year Finance Lease @ £326.00 per month

• Total Payable is £326.00 x 36 = £11,736.00

• You pay £1,736.00 interest over 3 years

• Leasing is 100% tax deductable so assuming tax rate is 20%

• £11,736.00 x 20% is £2347.19

The reduction in tax to be paid (£2347.19) more than covers the interest charge (£1736.00).