Ever heard of leasing your office refurbishment? Possibly not, but this is worth a read, as it could benefit your business and your plans for a commercial fit-out enormously. We work in partnership with the UK’s market leading specialists in arranging finance packages to businesses buying furniture, or looking to carry out a workplace refurbishment.
Leasing your office refurbishment is a simple, tax-efficient way of financing your project and is an alternative to paying upfront for your brand new or refurbished workplace. For a profitable organisation, leasing can also offer significant tax savings, as the repayments are 100% tax allowable. This solution offers our customers a flexible and easy solution to funding their office refurbishment or commercial fit-out. Leasing often means that projects can begin proceedings straight away, without having to wait for capital to become available. It also lets you preserve your cash flow with easy-to-manage fixed monthly repayments.
Key Benefits of Leasing
- Helps cashflow – no big cash outlay means you keep cash within your business to invest in other revenue
- Payments are 100% tax allowable against taxable profit
- Fixed payments for accurate budgeting and forecasting
- Get the best solution now by spreading the cost, rather than being restricted by your current capital budget
- Match the lease of the workplace fitout to the lease on your building
- Leasing is quick to organise, usually within 2 to 3 days
The finance landscape is changing; businesses are moving away from traditional methods (bank loans and overdrafts) and increasingly looking for ways of making their cash work harder for them through alternative finance options.
At JBH Refurbishments, we are pleased to offer our clients innovative funding plans including:
Lease Rental
This product allows you to rent the equipment. At the end of the lease term you can either upgrade the equipment, return it or negotiate ‘This product allows you to rent the equipment. At the end of the lease term you can either upgrade the equipment, return it or negotiate’ for a small fee.
Terms are available between two and five years and fixed payments help you pay for the equipment as you benefit from it.
Lease Purchase
This allows you to pay for the equipment as you create revenue from it, but you still capitalise it on your balance sheet.
This allows you to benefit from any capital allowances available. At the end of the term the equipment automatically belongs to you. Terms available start from two to five years.
Contact JBH Refurbishments
If you’re considering a workplace refurbishment and would like to reap the financial benefits of leasing, then we will put you in touch with our finance partners for more information. Get in touch with our team to find out more.
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