nightcruiser wrote: Hi guys.
I've just been granted princible approval to install class 1 & 2 VTS.
But a little confused what the best or most favourable method of buying the equipment would be.
Do i lease - buy - small business loan or other?
I'm planning to have the equipment from RS Workshop Equipment.
Some friendly advise would be helpful
Regards Dave.
Hi Dave,
My name is Chris Martin and I work for a company called Portman Asset Finance. We specialise in providing finance solutions to the garage industry.
The finance product we offer is called a lease purchase agreement. Basically we allow you to purchase whatever equipment you like from whatever supplier you want. You then pay us back over a period of between 2 and 5 years on fixed monthly payments. All payments are tax deductable and at the end of the term the equipment is yours.
This is far more cost effective than a loan and also keeps your working capital in tact.
Feel free to contact me if you wish to discuss further.
Kind Regards
Chris Martin
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Last edited on Tue Apr 6th, 2010 05:31 pm by martins
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