Frequently asked questions

A: We work with sole-traders, partnerships, limited companies, public bodies, charities and educational establishments.

A: No. Companies who lease do so because they know that there are better uses for their spare funds.

A: No. Transactions of all sizes are completed using lease agreements. You can lease equipment worth as little as £1000.

A: Yes. It is your responsibility to keep the equipment insured for all risks for the term of the agreement.

A: You have the protection of the manufacturers and/or suppliers warranty. Responsibility for repairs out of warranty are yours.

A: Rentals attract VAT. This can be reclaimed if you are VAT registered. If you are on a flat rate scheme please speak to your accountant.

A: Leasing enables the whole solution to be financed. This can include hardware, software, installation, training and warranties.

A: Yes. The equipment can be upgraded during the course of the agreement. Speak to us for further details.

A: Yes. However we always recommend you speak to your accountant to make sure it does not create an adverse tax position.

A: No. If you clear the account before it has run its full term then there is a reduction in the full amount payable.

A: Failure to maintain your monthly payments can result in the financed equipment having to be returned. You may be liable for any outstanding balance following sale of the equipment.