Looking for a quick guide to show what you might pay via a leasing route for your cap ex equipment?
Use our easy calculator below :
○ Choose Business or Private Individual
○ Choose your lease year length period
○ Submit if you want an accurate no obligation quote based on your full circumstances
For further information on why leasing may help your tax liability or cashflow for your business read our article here.
Ultrimax Coatings Ltd is not a finance provider or broker. Finance brokerage and quotes provided by Kennet Equipment Leasing Limited. FINANCIAL CONDUCT AUTHORITY FRN 676024
Choosing a finance company can be a lottery. Not with Kennet Equipment Leasing. We have financed more than £500m worth of equipment and have been helping all types of businesses – whether large or small – since 1990.
With a strong balance sheet, and powerful funder backing, our conversion rate is over 92% for finance proposals.
Financing decisions can be made promptly, with invoices paid swiftly after equipment has been installed.
Every customer – regardless of size – is allocated a dedicated team with one point of contact. This expert member of our asset finance and leasing team, will guide you through from initial enquiry to supplier payout.
How the tax advantages of leasing works – in numbers
You lease a machine that costs £5,000 + VAT, over a 3 year term.
The monthly payments would be £168.85 + VAT over 36 months
Total paid over the term of the lease £6078.60
19% tax can be reclaimed on the total lease payments over the 3 years, so a total of £1154.93. Therefore the net cost of the lease is £6078.60 - £1154.93 = £4923.67*
Companies choose Kennet Asset Finance and Equipment Leasing for:
That’s what makes us one of the most trusted equipment finance providers in the UK.
Kennet Equipment Leasing Limited is an FCA-licensed Credit Broker and on occasion we may look to underwrite the deal directly. If we do this, no external commission payments are payable to us. Kennet Equipment Leasing Limited will not charge you for finding a suitable lender; we receive payment by way of commission or fee from the lender for our work. Different lenders pay different amounts.