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Asset Finance
This where you can find out all you need to know about asset financing, it's options and which is best suited to you specifically. It's not an exhaustive guide
but does cover the main points. It takes a little time to read through this one, but it's worth it as it will give you a very good idea of what type of leasing
schedule is just right for you and your circumstances....
Overview
Paying cash for an asset can be a significant drain on your working capital. Leasing the asset, however, gives you access to the asset without paying for it
all at once. All forms of leasing are basically rental agreements giving you (the lessee) the right to use an asset owned by the lessor (finance company) for
a specific period of time in return for regular payments (rental payments). You can lease almost anything , from equipment valued at a few thousand pounds
to assets worth millions. Leasing contracts are flexible and can be tailored to your needs.
When leasing, consider its effects on accounting, reporting, tax, and your cash flow. This section will give you a general overview. It does not replace
professional advice. You may wish to consult your accounting and tax advisors before finalising a lease transaction to reap the maximum benefit and avoid
complications.
This document can be downloaded as an Adobe PDF here.
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