In today's rapidly changing business environment it makes sense to consider all the options before paying for your Business equipment - whether it's a photocopier, computer system, computer hardware or software, telephone system, security equipment, office furniture or anything else. Many Business people will give great consideration to the actual purchase, getting quotes from different suppliers and considering different choices. When it comes to paying, however, they simply pay cash or use bank finance without fully exploring the available options.

Most Businesses will think of leasing for cars, yet don't consider this option for equipment. Either managements don't realise that leasing companies will lease items with little or no second-hand value; or they don't know which way to turn to get expert help or advice. Again they don't realise that the leasing broker - a concept pioneered by Technology Leasing - came into being precisely to meet that need.

The leasing broker gives customers a single point of contact, providing access to many leasing companies (all with different lending criteria) and picking the lender best suited to the client's individual needs. For example, some leasing companies dislike computer equipment. Others will not lease to Businesses with less that five year's trading to show. Some will lease on software on its own, though, while others will lease to brand-new start-ups. The broker must match the client to the leasing company, which means not only the one with the best rate, but also one which will finance the type of equipment and consider the client's credit rating on the merits of the case.

Using leasing allows a business valuable leverage. You pay for the equipment as you use and profit from it. There's and analogy with paying your staff; you wouldn't hand over three or five years' salary in one lump sum , so why pay for your equipment that way? Leasing enables Businesses to get the equipment they need now. Those on limited budgets can acquire what they really want, rather than what the budget dictates. In the case of one firm of consulting engineers in Glasgow, leasing the equipment enabled them to upgrade their computer software and put them in a position to handle larger jobs at lower cost.

Leasing is also 100% tax-allowable. As the user you don't own the equipment - the finance company does. This arrangement allows the lease payments to be written off the profit and loss account rather than the balance sheet (where a depreciating item is a liability). The tax saving of up to 40% of the cost of the lease payments goes to the lessor. A large firm of solicitors in London was able with our assistance to lease 40,000 of furniture, renovating the office and improving its professional image, while making the above 40% tax saving.

Another benefit is that you don't need to contact your bank when leasing, so there is no need to impress or persuade the bank manager. You need not meet the broker, either. We arrange leases all over the UK for all kinds of different Businesses and organisations, with equipment values from 1000 to 500,000 - in most cases without ever meeting anyone from the client. Everything can be done by e-mail, telephone and post, with the cheque going direct to the suppliers of the equipment.

Why increase your ex

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