14 Reasons to choose AW Finance
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1
Simple Way to Get Started
Leasing can make it easier for the client to have the equipment they need now! For short term projects all our equipment is available to hire.
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2
Bespoke Solutions
We can offer tailored rental plans to meet with the customer’s budget and the life expectancy of the project. Monthly or quarterly payment options are also available.
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3
All Inclusive Plans
Purchasing on a monthly repayment basis with fixed service cost enables clients to fixed cost the equipment.
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4
Future Proof
Higher specification equipment can be purchased for relatively small increas-
es when illustrated on a weekly or monthly budgeted price.
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5
Prompt Finance Decision
Fast application turnaround, our underwriters or are own team aim to turn a proposal into an acceptance within a day, this way the momentum of the acquisition is not compromised.
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6
Simpler Equipment Upgrades
At any time there is the potential to upgrade the equipment for new with often very little or no increase to the monthly payments on a new lease hire agreement.
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7
Let us do All The Work
The AW team will complete all documentation and put everything in place. This enables you to concentrate on other business matters while we secure the finance. Hire equipment can usually be delivered to you the same or next working day and because we are the manufactures you get exactly the right equipment for the project.
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8
Preserves capital for more profitable uses, the benefits of AW.co.uk lease and Hire
No need to tie up significant amounts of valuable capital in outright equipment purchases, when leasing is the most tax efficient vehicle for acquiring equipment for your business.
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9
Simplify Budgeting and Forecasting
Leasing provides a fixed and manageable monthly payment, irrespective of interest rate fluctuations or other economic changes. Payments are fixed for the term of the agreement.
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10
Choose Equipment That Meets Needs
With leasing, customers are not limited to acquiring the equipment they can afford at the time. Monthly payments enable them to focus upon the most productive, up to date equipment for their business.
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11
Retain Existing Credit Lines
Customers can preserve their existing bank funding. By leasing equipment, it will free up any overdraft or bank loans for use in running the business.
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12
Improve Returns on Investment
It is use of the equipment, rather than ownership, which drives productivity gains and savings. Leased equipment effectively pays for itself whilst it is being used.
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13
Upgrade to New Equipment Easily
Our lease facilities give the flexibility to upgrade ageing or obsolete equipment for very little or no increase to the monthly payments.
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14
Hire & Leasing VERSE Purchasing and Taxation
Choosing a leasing option; the business would be entitled to 100% tax relief on each and every rental payment that is made. 100% of each rental would be offset against pre-tax profits, entitling the business to a saving of 20% Corporation Tax on this entire sum over the rental period. Choosing a purchase option of the equipment; the business would lose the opportunity of 100% tax relief and would simply have the same writing down allowances of any other purchase for the business. The norm here is that 50% of the asset value can be written against pre-tax profits in year one, and 25% of the reducing asset value going forward until the asset is totally written off. As a client you may wish to confirm this with your accountant, as if the business is loss making/not paying tax/charity it will not benefit from any tax relief as it will simply not be paying any. As a rough rule of thumb, using leasing is almost twice as tax efficient as any outright purchase over the term of hire.