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Capital Equipment Leasing
Leasing is one of the most efficient ways to finance equipment for your practice. By leasing the equipment you need, you are not using capital, the costs are effectively funded over the duration of the lease from income.
With leasing you are not buying the equipment you are paying for the use of the equipment over the term of the lease so the payments are called rentals.
- A major benefit to you is that as you are renting the equipment, the rentals are 100% tax allowable as a practice or business expense.
- Practices or businesses, which are registered for VAT, are able to recover the VAT charged on the rental payments.
How it works
Chose the equipment you need from the supplier of your choice.
Click on the button below, to apply for a lease based on the total cost of the equipment.Once the facility is approved, the lease documents are prepared for your signature showing full details of terms and conditions
- Terms are usually from 1 to 5 years
- Rentals are usually at a fixed rate and paid monthly by direct debit
- Initial payments can vary, usually from 1 to 6 months due at the outset
- Only the equipment leased is used as security
When the documents are all approved and signed we then pay the supplier of the equipment you have chosen and the agreement starts.
It is very simple and the whole process can be completed
very quickly and as we have been offering this type of facility for approx
20 years, our expertise ensures that you will receive a first class service
from us.
©2008 General & Medical Finance Plc
General & Medical Healthcare are a division of General & Medical Finance Plc - Registered in England No 2421641 General & Medical Finance Plc are authorised and regulated by the Financial Services Authority (FSA) Our firm reference number is 306094 and this may be checked at www.fsa.gov.uk/register |