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Finance your Office Fit Out or Office Refurbishment
Office Fit out and Leasing Finance why it makes sense ...
Many businesses find leasing their office fit out offers a number of significant benefits
Easier budgeting to suit your cash flow & finances.- Gives you far greater flexibility for your office fitout or refurbishment.
- Determine your repayment period to suit your lease.
- VAT is spread over the duration of the term.
- Preserves existing borrowing power & finance
- Add additional expenditure during the lease term
- Huge taxable savings as your project is financed making it 100% tax deductible
BENEFITS OF FINANCING
Easier budgeting to suit your cash flow
Payments are fixed for the period which can be anything from 2 to 5 years.
Flexibility to add to the lease finance as necessary and include everything
If your requirements change during the period of the lease you can add furniture or any other office equipment to the agreement at any time.
WHAT WE OFFER
Preserves existing borrowing power
Other lines of credit from your bank or other finance houses remain intact for other credit needs.
Payments come from a revenue budget as opposed to a capital budget
Don’t be restricted by capital budgets. Finance the total fit-out and make use of huge tax advantages.
PROTECT CAPITAL
Further Benefits to lease finance
If you pay for the furniture and refurbishment of your building from your cash flow, only a limited percentage is allowable for tax purposes. Because of the ‘intangible’ elements, the Revenue may only allow you to claim capital allowances against approximately 65% of the project.
However, if you lease the works, the repayments are 100% allowable unlike any other form of finance such as a bank loan. This 100% allowance on payments makes leasing the most tax efficient method of refurbishing a building and can WORK OUT CHEAPER THAN PAYING CASH!
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