EQUIPMENT FINANCE SOLUTIONS

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "EQUIPMENT FINANCE SOLUTIONS"

Transcription

1 EQUIPMENT FINANCE SOLUTIONS

2 OUR FINANCE PRODUCTS Financing of equipment is increasingly in demand. Typically equipment depreciates quite quickly; as a result many businesses will seek to spread the cost of acquisition over the expected life of the asset to help overcome this and leasing can be a good solution. Preserving capital for operational costs, purchasing stock, identifying new products and business opportunities that may arise are key drivers of growth. Asset finance will assist you in obtaining a wide range of equipment requirements and helps you to spread the cost of investment. Wholly or largely secured on the assets being financed, the need for large deposits is reduced, giving you the flexibility to replace or upgrade equipment at any time. FINANCE LEASE Equipment leasing transfers substantially the rights and obligations of ownership to you and can be for any length of time up to a maximum of five years. During the life of the agreement the full value of the equipment appears on your balance sheet as an asset and liability, with an element of the rental treated as a business expense and appearing on your profit and loss account. You are responsible for maintaining and insuring the asset during the life of the agreement. HIRE PURCHASE Hire Purchase is again an alternative to outright purchase, where the lessor i.e. LDF will purchase the equipment on your behalf. We maintain ownership of the asset until the final payment is made and at this point you have the option to purchase the asset for a nominal sum. During the agreement the full value of the asset appears on your balance sheet as an asset and liability, an element of the rental however is treated as a business expense and passed through the profit and loss account.

3 CHOOSING THE RIGHT TYPE OF FINANCE At LDF we aim to make finance easy for our customers. We take a commercial approach to business finance and can provide solutions for a broad number of requirements. We pride ourselves on our ability to enable businesses to grow and acquire the assets they need both quickly and easily. We always recommend that you seek to discuss your expenditure plans with an accountant or other relevant adviser, however we have produced a simple guide to provide some clarity around key product features. Frequently asked questions Finance Lease Hire Purchase Will I be able to own the asset? Potentially Yes Are rentals tax deductible? Interest Only Interest Only Can I claim Capital or Annual Investments Allowance? No Yes Does this route preserve capital? Yes Yes Can I have a fixed term agreement? Yes Yes Can the term be extended? No No Will the agreement be made on demand by LDF? Potentially Potentially Do I need to pay the VAT Upfront? No Yes Is the asset off balance sheet? No No Can VAT on payments be reclaimed? Yes No Do I have to insure the assets under the agreement? Yes Yes Can VAT on the cost of the asset be reclaimed? No Yes Will I need to pay a facility or arrangement fee? Yes Yes Remember: Where VAT classified as reclaimable assumes your business is VAT registered The tax and VAT treatment may differ dependent upon the asset finance products Facilities can be made on demand in accordance with the terms and conditions of the agreement Please seek specialist advice on VAT and tax relating to your business Please note that security may be required and product fees may apply.

4 BENEFITS OF FINANCING HOSPITALITY & LEISURE EQUIPMENT Join a growing number of businesses enjoying the benefits of finance with LDF. Flexible Payment terms and profiles can be tailored to meet cash flow Allows for equipment upgrades Can include hardware, software, training, installation and support services Easier Budgeting Makes budgeting and forecasting easy with fixed payments Avoid fluctuations in interest rates The real cost of acquisition reduces as inflation rises Tax Efficient Leasing is Tax deductible, reducing the net cost of obtaining the equipment * Maximise Budget Spread the cost of purchase; make your budget work harder Conserve Working Capital Helps to reduce initial cost outlay Allows capital to be invested in other important growth areas Convenient Easily manages supplier(s) payment terms and administration requirements Payments are made by Direct Debit 5 * For further information surrounding taxation, please consult your Accountant

5 WHY CHOOSE LDF? EXPERIENCE We ve been helping businesses to grow through finance for over 30 years. As the UK s largest independent provider of SME finance solutions, we are committed to delivering excellence to our customers, be that through our high levels of service, our technology led approach or the fact that as both a funder and a broker, we are able to deliver the most appropriate funding solutions available to us. We re very proud of our 4.9 star rating, reflecting our commitment to service and customer satisfaction. As specialists in asset finance our aim is to maintain consistently high levels of service for our customers and partners through technology and a personal approach. EXCELLENCE IN SERVICE Independent Service Rating MODERN FUNDING We aim to provide our customers with access to competitive funding solutions by using our own book lending and constantly reviewing pricing to ensure we remain competitive. As both a funder and a broker, our aim is to provide finance for a range of credits through our three-tiered funding model, helping us to achieve market leading acceptance rates. 6

6

7 ASSET FINANCE: FREQUENTLY ASKED QUESTIONS What finance options are available? The most popular asset finance products for SMEs are Finance Lease and Hire Purchase agreements, both are similar in nature however enable different tax incentives to be maximised based on asset ownership. How flexible is asset finance? All LDF finance solutions can be tailored to meet multiple supplier purchases and payment terms, and repayments can be structured to meet seasonal trading by adjusting repayment amounts (if required). We will work to understand your business and deliver the most appropriate solution. What can asset finance be used for? Asset finance is suitable for a large selection of equipment purchases, with finance available from 1,000 to many millions in value; purposes can be anything from IT Hardware & Software, Lighting, Catering, and Plant & Machinery Equipment, to installation, support, maintenance and training. Put simply, if it s important to the operation and development of your business, we can help to find a solution that fits. Why would I not use cash? Capital is a valuable asset in any business. Asset finance, allows you to acquire the assets you need, when you need them whilst having little impact on cash flow, it also helps to accelerate a more rapid return on investment. Spreading the cost allows for existing capital to be retained and invested in other areas of your business (acquisitions, increasing sales heads, training etc).

8 Isn t my bank the best source of finance? Whilst bank finance plays an important role in business growth, access to finance remains an area of difficulty for some businesses. Additionally, the variety of available facilities may not always match that of a corporate finance company. With businesses looking for rapid and often alternative solutions to business investment, many will now look to facilities provided outside of traditional banking options. Does business trading performance limit options to finance? We pride ourselves on delivering access to finance for all business stages and performance, whether new start or well established and both small and large companies. Whilst we take an element of security in the asset, we also review the credit history of your business and its financial performance. Ultimately however, it is our aim to provide finance by matching the risk vs. return on capital. How long does it take to arrange? The main driving factor behind the time taken to arrange is the amount of finance required; Typically an asset finance request below 50,000 will take less than 24-working hours for a credit decision however this is often much sooner. Our internal systems and supplier platforms support an efficient processing model. If all parties are fully aligned, it is possible to complete a transaction from proposal to signed documentation and pay-out within one working day.

9 If I use asset finance, do I need to insure the assets? Yes. As soon as you take delivery of the assets you are obliged under the terms of the agreement to insure this against loss and/ or damage. You will be asked to provide details of your insurance policy, should this not be evidenced, our nominated third party insurance provider will contact you by post to set this up. Will we need to provide additional security? An element of comfort is taken in the asset dependent upon the depreciation levels the asset holds against the lifetime of the agreement. Alongside this, we may ask for a guarantee if the amount of borrowing is considerable and your balance sheet is developing or growing. Can I make changes to my agreement during the term? Yes. Flexibility is one of the key benefits of asset finance. We understand that you may wish to upgrade your assets or add additional assets to your business. Typically we allow for upgrades or additional assets to be added to a new agreement when 50% of the original agreement term has passed or where system mandatory upgrades are needed. Please note however, that upgrades are subject to both credit and underwriting. How can I discuss finance or obtain a quotation? You can very quickly obtain information about how asset finance can help you by speaking with your LDF approved equipment supplier. They can provide you with a quotation via access to our mobile quotation and finance proposal app.

10 We re very proud of our 4.9 star rating, reflecting our commitment to service and customer satisfaction.

11 CONTACT US LDF ECONOLISER

12 LDF Operations Limited (reg no ) part of the LDF Group is authorised and regulated by the Financial Conduct Authority for credit-related business (including hiring).

EQUIPMENT FINANCE SOLUTIONS

EQUIPMENT FINANCE SOLUTIONS 01244 525410 inbound@ldf.co.uk www.ldf.co.uk EQUIPMENT FINANCE SOLUTIONS LDF Operations Limited (reg no. 02029122) part of the LDF Group is authorised and regulated by the Financial Conduct Authority for

More information

BT Finance BT Finance

BT Finance BT Finance Financial Solutions that are right for your business now and in the future BT Finance BT Finance Financial solutions that are right for your business now and in the future. Every day thousands of UK business

More information

Cash Flow Finance. Factoring / Invoice Discounting

Cash Flow Finance. Factoring / Invoice Discounting Cash Flow Finance Factoring / Invoice Discounting definition: n (Business / Commerce) A method of obtaining finance from a third party lender on services or goods already delivered and invoiced, but not

More information

THE BENEFITS OF FINANCING

THE BENEFITS OF FINANCING THE BENEFITS OF FINANCING Haulotte Financial Services 1 THERE ARE PLENTY OF GOOD REASONS TO SELECT HAULOTTE FINANCIAL SERVICES Hold on to your cash In most cases, you can acquire the equipment you need

More information

The essential guide to leasing for education

The essential guide to leasing for education The essential guide to leasing for education Nearly all of the UK s 30,000 educational establishments have rented or leased equipment at some time. And certainly, for most, leasing has been a positive

More information

The decision to buy, hire purchase or lease an asset will generally depend on the financing available to your business.

The decision to buy, hire purchase or lease an asset will generally depend on the financing available to your business. Buy, HP or Lease? The decision to buy, hire purchase or lease an asset will generally depend on the financing available to your business. There are different treatments for tax and accounting purposes,

More information

YOUR GUIDE TO ŠKODA FINANCIAL SERVICES

YOUR GUIDE TO ŠKODA FINANCIAL SERVICES YOUR GUIDE TO ŠKODA FINANCIAL SERVICES 1 About ŠKODA Financial Services ŠKODA Financial Services Product Benefits Personal Finance Consumer Loans 13 Novated Lease / Salary Packaging 15 Business Finance

More information

LEASING ADVANTAGES YOU CAN RELY ON. DEDICATED TO MAXIMUM PROFITABILITY. A customer guide to leasing with Speed Queen

LEASING ADVANTAGES YOU CAN RELY ON. DEDICATED TO MAXIMUM PROFITABILITY. A customer guide to leasing with Speed Queen ADVANTAGES YOU CAN RELY ON. There are many advantages to leasing Speed Queen equipment, all designed to help you reach your primary objective maximum profitability. 100% Leasing Keep Your Line-up Current

More information

Why Should I Lease Equipment? A White Paper from Advanced Office Equipment

Why Should I Lease Equipment? A White Paper from Advanced Office Equipment Why Should I Lease Equipment? A White Paper from Advanced Office Equipment Why Should I Lease Equipment? As businesses learn to compete and grow in a new millennium, many are searching for new ways to

More information

Vehicle funding. What are the options? Vehicle funding What are the options?

Vehicle funding. What are the options? Vehicle funding What are the options? Vehicle funding What are the options? Vehicle funding What are the options? Introduction The provision of company cars is typically the second or third most expensive business overhead after salary and

More information

A Guide to Catering & Bakery Equipment Leasing

A Guide to Catering & Bakery Equipment Leasing A Guide to Catering & Bakery Equipment Leasing In association with Contents About AFE Group Ltd 3 About Academy Leasing 4 Why is Academy Leasing different? 4 What is leasing? 5 What is equipment leasing?

More information

Leasing 101. Whitepaper Series. The. Bringing You a Better Way to Shop and Buy Equipment. 2012 elease Capital Finance, LLC.

Leasing 101. Whitepaper Series. The. Bringing You a Better Way to Shop and Buy Equipment. 2012 elease Capital Finance, LLC. Whitepaper Series Bringing You a Better Way to Shop and Buy Equipment Leasing 101 by The 2012 elease Capital Finance, LLC. This Whitepaper is reproduced by LeaseQ, Inc. with permission from elease Capital

More information

Your guide to Volkswagen Financial Services

Your guide to Volkswagen Financial Services Your guide to Volkswagen Financial Services 1 About Volkswagen Financial Services Volkswagen Financial Services Product Benefits Personal Finance Consumer Loans 12 Novated Lease / Salary Packaging 14 Business

More information

Lease vs. Buy. Lease. Benefits of Leasing Various types to meet your needs. Optimize cash flow. No loan. Maintain credit.

Lease vs. Buy. Lease. Benefits of Leasing Various types to meet your needs. Optimize cash flow. No loan. Maintain credit. www.stma.org Lease vs. Buy Deciding if you are going to lease or buy equipment depends on your situation. In general, leasing is more appropriate for businesses with limited capital or need equipment upgrades

More information

Commercial Vehicle Finance POWERED BY.

Commercial Vehicle Finance POWERED BY. Commercial Vehicle Finance www.cnhindustrialcapital.com FINANCING WITH CNH INDUSTRIAL CAPITAL As the financial division of Iveco trucks, CNH Industrial Capital has a proud heritage, one that reflects our

More information

Management Guide to Asset Finance. A simple guide to help you select the most appropriate asset finance for your business.

Management Guide to Asset Finance. A simple guide to help you select the most appropriate asset finance for your business. Management Guide to Asset Finance A simple guide to help you select the most appropriate asset finance for your business. CONTENTS: Introduction 0.2 What s the best option for you? 0.3 Get the right solutions

More information

UNDERSTANDING YOUR BUSINESS, FINANCING YOUR NEEDS SOCIETE GENERALE EQUIPMENT FINANCE AGRICULTURE

UNDERSTANDING YOUR BUSINESS, FINANCING YOUR NEEDS SOCIETE GENERALE EQUIPMENT FINANCE AGRICULTURE 2016 UNDERSTANDING YOUR BUSINESS, FINANCING YOUR NEEDS SOCIETE GENERALE EQUIPMENT FINANCE AGRICULTURE SOCIETE GENERALE EQUIPMENT FINANCE IS A GLOBAL LEADER AND AN AWARD-WINNING FUNDER FOR THE PROVISION

More information

5.2 BUDGETING; CASH FLOW FORECASTS. Introduction To Budgets And Cash Flow Forecasts. Cash Flow Forecasts. Budget And Cash Flow Exercises

5.2 BUDGETING; CASH FLOW FORECASTS. Introduction To Budgets And Cash Flow Forecasts. Cash Flow Forecasts. Budget And Cash Flow Exercises 52 FUNDING 5 BUDGETING; CASH FLOW FORECASTS Introduction To Budgets And Cash Flow Forecasts Cash Flow Forecasts Budget And Cash Flow Exercises Cash Flow Exercises P 168 INTRODUCTION TO BUDGETS AND CASH

More information

About Us. Est. Glynn Parker. Peter Hirst. Parker Shop Equipment. Rapiscan

About Us. Est. Glynn Parker. Peter Hirst. Parker Shop Equipment. Rapiscan 01823 663737 About Us Leasing Programmes Limited lends money to businesses looking to acquire equipment. We offer leasing, hire purchase and loan facilities. We can also arrange factoring and invoice discounting.

More information

Elders Finance Solutions MAKES MORE POSSIBLE.

Elders Finance Solutions MAKES MORE POSSIBLE. Elders Finance Solutions MAKES MORE POSSIBLE. ELDERS FINANCE UNDERSTANDS THE UNIQUE NEEDS OF RURAL CLIENTS AND CAN MATCH THESE AGAINST PRODUCTS TAILORED SPECIFICALLY TO MEET THE NEEDS OF RURAL AND REGIONAL

More information

Funding business expansion. Asset Finance and Asset-Based Lending as alternative approaches to Debt Finance

Funding business expansion. Asset Finance and Asset-Based Lending as alternative approaches to Debt Finance Funding business expansion Asset Finance and Asset-Based Lending as alternative approaches to Debt Finance Targeting growth If there was any doubt whether the UK economy remains on the path to growth,

More information

tutor2u Cash Management How and Why Businesses Need to Manage their Cash AS & A2 Business Studies PowerPoint Presentations 2005

tutor2u Cash Management How and Why Businesses Need to Manage their Cash AS & A2 Business Studies PowerPoint Presentations 2005 Cash Management How and Why Businesses Need to Manage their Cash AS & A2 Business Studies PowerPoint Presentations 2005 Importance of Cash (1) A business can exist for a while without making profits but

More information

EDINBURGH NAPIER UNIVERSITY STATEMENT OF PRINCIPAL ACCOUNTING POLICIES

EDINBURGH NAPIER UNIVERSITY STATEMENT OF PRINCIPAL ACCOUNTING POLICIES EDINBURGH NAPIER UNIVERSITY STATEMENT OF PRINCIPAL ACCOUNTING POLICIES 1 Basis of Preparation and Accounting The Accounts have been prepared under the historical cost convention, modified by the revaluation

More information

FIAT YOUR FINANCE OPTIONS

FIAT YOUR FINANCE OPTIONS FIAT YOUR FINANCE OPTIONS FIAT INSURANCE So that you can enjoy your car without worrying about all the what ifs we offer a broad and cost effective range of products such as Combined GAP and RTI Insurance,

More information

Lease Accounting Changes: Tax Response. A Discussion Document Publication date: 9 August 2016 Closing date for comments: 30 October 2016

Lease Accounting Changes: Tax Response. A Discussion Document Publication date: 9 August 2016 Closing date for comments: 30 October 2016 Lease Accounting Changes: Tax Response A Discussion Document Publication date: 9 August 2016 Closing date for comments: 30 October 2016 Subject of this discussion: Scope of this discussion: Options for

More information

GUIDE TO BUSINESS FINANCE & BUSINESS FUNDING

GUIDE TO BUSINESS FINANCE & BUSINESS FUNDING GUIDE TO BUSINESS FINANCE & BUSINESS FUNDING M3 Corporate Finance M3 Corporate Finance is an independent corporate finance house focused exclusively on mid-market transactions. M3 offers specialist corporate

More information

Flexible and convenient equipment finance for your business. Expect nothing less.

Flexible and convenient equipment finance for your business. Expect nothing less. Equipment Finance equipment finance Flexible and convenient equipment finance for your business. Expect nothing less. Delphi Bank s flexible and convenient equipment finance solutions are a competitively

More information

ENERAL. Enquiries may be made at the nearest ZRA office, Direct Tax Division.

ENERAL. Enquiries may be made at the nearest ZRA office, Direct Tax Division. ENERAL This Practice Note sets out the current Zambia Revenue Authority (ZRA) view on the normal accountancy and taxation treatment of leasing transactions in connection with the acquisition of fixed assets.

More information

Partner Sales Enablement Guide

Partner Sales Enablement Guide Partner Sales Enablement Guide Grow your business with financing from Cisco Capital Providing your customers with a financing option at the beginning of every purchase conversation can help you to meet

More information

Moving from Sage 50 Accounts to Sage 200 Standard Online

Moving from Sage 50 Accounts to Sage 200 Standard Online Moving from Sage 50 Accounts to Sage 200 Standard Online 2 Contents Contents Software that grows with your business...4 Straightforward online accounting...5 Reasons to upgrade...6 Financials - Managing

More information

You can select the equipment by working with a vendor or a manufacturer, which offers leasing.

You can select the equipment by working with a vendor or a manufacturer, which offers leasing. Why Should I Lease Equipment? As businesses prepare to compete and grow in a new millennium, many are searching for proven new ways to address their equipment financing challenge. The old ways won't meet

More information

Leasing vs. Purchasing

Leasing vs. Purchasing How to overcome customers most common objections to financing Leasing vs. Purchasing Help your customers see the value of leasing their IT acquisitions The Equipment Leasing Association of America says

More information

Toyota Finance for Business

Toyota Finance for Business Toyota Finance for Business Welcome 2 Why choose Toyota Financial Services? 3 1 Toyota Contract Hire 4 AccessToyota 7 Other financial products 9 Protecting your car 12 Personal Tax for Company Car Drivers

More information

Leasing, is it right for all businesses? An irresistible alternative to ownership. Benefits of leasing

Leasing, is it right for all businesses? An irresistible alternative to ownership. Benefits of leasing Benefits of Leasing Blue Bird Capital Ser vice s team of Transpor tation professionals offer proven industr y experience wrapped around the highest level of ser vice quality. This deep commitment to our

More information

Small Company Limited. Abbreviated Accounts. 31 December 2007

Small Company Limited. Abbreviated Accounts. 31 December 2007 Registered number 123456 Small Company Limited Abbreviated Accounts 31 December 2007 Abbreviated Balance Sheet as at 31 December 2007 Notes 2007 2006 Fixed assets Intangible assets 2 Tangible assets 3

More information

The Insider s Guide to Leasing

The Insider s Guide to Leasing The Insider s Guide to Leasing Table of Contents 1 The Power of Leasing 2 The 11 Advantages of Leasing 4 Cash Flow & Credit 6 Upgrading & Adding Equipment 7 Tax & Reporting Advantages 8 The Three Types

More information

11. Motor finance. Overview of the sector

11. Motor finance. Overview of the sector 95 11. Motor finance Note: This sectoral guidance is incomplete on its own. It must be read in conjunction with the main guidance set out in Part I of the Guidance, and the guidance in sector 12: Asset

More information

Blueprint Dental Equipment Limited

Blueprint Dental Equipment Limited Registered number 05055354 Abbreviated Accounts 31 March 2014 Registered number: 05055354 Abbreviated Balance Sheet as at 31 March 2014 Notes 2014 2013 Fixed assets Tangible assets 2 42,974 28,921 Current

More information

Business finance. a practical guide BUILDING YOUR KNOWLEDGE. smallbusiness.wa.gov.au. The small business specialists

Business finance. a practical guide BUILDING YOUR KNOWLEDGE. smallbusiness.wa.gov.au. The small business specialists Business finance a practical guide BUILDING YOUR KNOWLEDGE Small Business Development Corporation 13 12 49 smallbusiness.wa.gov.au The small business specialists A practical guide to business finance An

More information

INFORMATION FOR OBSERVERS. Joint International Working Group on Leasing 15 February 2007, London

INFORMATION FOR OBSERVERS. Joint International Working Group on Leasing 15 February 2007, London International Accounting Standards Board This document is provided as a convenience to observers at IASB/FASB joint international working group meeting on leasing, to assist them in following the working

More information

Jones Sample Accounts Limited. Company Registration Number: 04544332 (England and Wales) Report of the Directors and Unaudited Financial Statements

Jones Sample Accounts Limited. Company Registration Number: 04544332 (England and Wales) Report of the Directors and Unaudited Financial Statements Company Registration Number: 04544332 (England and Wales) Report of the Directors and Unaudited Financial Statements Period of accounts Start date: 1st June 2008 End date: 31st May 2009 Contents of the

More information

Business Vehicle Finance from Ford. A guide to Business Vehicle Finance and company vehicle taxation

Business Vehicle Finance from Ford. A guide to Business Vehicle Finance and company vehicle taxation Business Vehicle Finance from Ford A guide to Business Vehicle Finance and company vehicle taxation 2 3 Business Vehicle Finance from Ford A guide to company vehicle taxation and business finance. Vehicle

More information

CAIRNS REGIONAL COUNCIL LEASING GUIDELINES

CAIRNS REGIONAL COUNCIL LEASING GUIDELINES CAIRNS REGIONAL COUNCIL NO.1:02:46 General Policy LEASING GUIDELINES Intent Scope To ensure that Council: (i) complies with the Leasing in the Queensland Public Sector Policy Guidelines, (revised December

More information

Why Use Tideway s Final Salary Pension Transfer Advice

Why Use Tideway s Final Salary Pension Transfer Advice Tideway Why Use Tideway s Final Salary Pension Transfer Advice June 2015 Why Use Tideway Specialist Final Salary Transfer Advisers Taking a final salary pension transfer is a complex irreversible transaction

More information

GROWTH PARTNERS. Funding. Leasing Finance

GROWTH PARTNERS. Funding. Leasing Finance GROWTH PARTNERS Funding Leasing Finance Benefits More equipment is financed today by leases than by bank loans, private equity or any other method of asset financing. According to The American Association

More information

THE LEASE VERSUS BUY DECISION

THE LEASE VERSUS BUY DECISION Over the past thirty years, U.S. Bancorp Equipment Finance has grown into one of the largest bank affiliated industrial finance companies in the nation. With total assets in excess of $8 Billion and offices

More information

Your guide to the power of asset finance

Your guide to the power of asset finance Your guide to the power of asset finance Unlocking the value within your business Molten Man 2.0 by Shane Butler, Winner of the EEF Photography Competition 23, sponsored by Lombard. Asset finance is a

More information

Mary Kelly, BBS, FCCA. Martin Kelly, BSc (Econ) Hons, DIP.Acc, FCA, MBA, MCMI.

Mary Kelly, BBS, FCCA. Martin Kelly, BSc (Econ) Hons, DIP.Acc, FCA, MBA, MCMI. Article: Accounting for Leases - IAS 17 Leases By: Mary Kelly, BBS, FCCA. Martin Kelly, BSc (Econ) Hons, DIP.Acc, FCA, MBA, MCMI. Examiner: Professional 1 Corporate Reporting Introduction IAS 17 Leases

More information

Guide to Leasing Carpet Cleaning Equipment

Guide to Leasing Carpet Cleaning Equipment Guide to Leasing Carpet Cleaning Equipment You will find there are many advantages to Lease Rental which include Typically 24-Hour Set-Up Time! Fixed, Low Monthly Payments! VAT Paid On Monthly Rental (Not

More information

AFM 391 Case Concepts

AFM 391 Case Concepts AFM 391 Case Concepts a. Why do companies lease assets rather than buy them? 1. 100% financing at fixed rates. Leases are often signed without requiring any money down from the lessee, which helps to conserve

More information

Sales Pack. Establishing secure and flexible financing facilities for your business with Premier Leasing. www.premlease.co.uk

Sales Pack. Establishing secure and flexible financing facilities for your business with Premier Leasing. www.premlease.co.uk Sales Pack Establishing secure and flexible financing facilities for your business with Premier Leasing www.premlease.co.uk Contents Introduction 2 Objectives 2 How it Works 3 Sales Benefits 4 Customer

More information

Finance that fits. Finance that fits SCF00009 2/15

Finance that fits. Finance that fits SCF00009 2/15 Finance that fits Finance that fits Finance that fits If you ve already found the car you want and are now looking for finance, it s important to choose the type that s right for you. Santander Consumer

More information

Equipment Leasing Purchasing Guide

Equipment Leasing Purchasing Guide Equipment Leasing Purchasing Guide Introduction to the Equipment Leasing Buying Process What s inside: Trends Terms Leasing Types Choosing a Dealer Equipment leasing has become an increasingly popular

More information

IF YOU THINK YOU WILL EVER NEED FINANCE, KEEP READING.

IF YOU THINK YOU WILL EVER NEED FINANCE, KEEP READING. CORPORATE OVERVIEW IF YOU THINK YOU WILL EVER NEED FINANCE, KEEP READING. Sherlock Asset Finance is a Joint Venture between AIB Network which was formed in June 1991& The Sherlock Group. Sherlock Asset

More information

Finance & Leasing Association. Why use Asset Finance?

Finance & Leasing Association. Why use Asset Finance? Finance & Leasing Association Why use Asset Finance? What is asset finance? Asset finance is a type of finance used by businesses to obtain the equipment they need to grow. It usually involves paying a

More information

IT S MORTGAGE REVERSE A SIGN OF THE TIMES

IT S MORTGAGE REVERSE A SIGN OF THE TIMES IT S A SIGN OF THE TIMES REVERSE MORTGAGE UNLOCK THE EQUITY IN YOUR HOME If you want the financial freedom to spend your retirement how you choose, with independence and dignity, you should talk to us.

More information

leasing and your clients

leasing and your clients leasing solutions leasing and your clients In some cases finance may be the only way to make a sale viable, at the very least it will strengthen your proposal. Most major blue chip security users are already

More information

MEASURING GDP AND ECONOMIC GROWTH CHAPTER

MEASURING GDP AND ECONOMIC GROWTH CHAPTER MEASURING GDP AND ECONOMIC GROWTH CHAPTER Objectives After studying this chapter, you will able to Define GDP and use the circular flow model to explain why GDP equals aggregate expenditure and aggregate

More information

EMR 201: A Beginner s Guide to Financing an Electronic Medical Record System

EMR 201: A Beginner s Guide to Financing an Electronic Medical Record System EMR 201: A Beginner s Guide to Financing an Electronic Medical Record System The electronic medical record (EMR) is emerging as a powerful new tool for ambulatory medical practices. When successfully implemented,

More information

Big business advantage, small business flexibility.

Big business advantage, small business flexibility. Big business advantage, small business flexibility. BMW Financial Services Chattel Mortgage The Ultimate Driving Machine BMW applies the same disciplined, yet creative and dynamic approach to finance services

More information

The leasing company might retain responsibility for maintenance

The leasing company might retain responsibility for maintenance Understanding leasing When it comes to determining the most appropriate equipment leasing strategy for your school, understanding the main differences between a finance and an is essential. In both cases,

More information

Mercedes-Benz Finance Your finance options guide.

Mercedes-Benz Finance Your finance options guide. Mercedes-Benz Finance Your finance options guide. S & B Commercials Welham Green Stansted West Thurrock T: 01707 261111 E: enquiry@sbcommercials.co.uk W: www.sbcommercials.co.uk Choosing Mercedes-Benz

More information

Leasing Versus The Rest

Leasing Versus The Rest Leasing Versus The Rest The following pages highlight: - Leasing Versus Cash - Cash & Impact on Borrowing - Leasing Versus Loans - Leasing Versus a Line of Credit 1 Lease Versus Cash Time Value of Money:

More information

Benefits of Leasing / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / /

Benefits of Leasing / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / Benefits of Leasing / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / Allied Specialty Capital s team of Transportation professionals offer proven industry experience wrapped around

More information

Title: Common Terms Used in the Leasing Industry

Title: Common Terms Used in the Leasing Industry Acceptance Certificate: Title: Common Terms Used in the Leasing Industry When leased equipment is delivered and installed, the Lessee typically authorizes the Lessor, in writing, to pay for it. The Lessee's

More information

CHAPTER 5: MEASURING GDP AND ECONOMIC GROWTH

CHAPTER 5: MEASURING GDP AND ECONOMIC GROWTH CHAPTER 5: MEASURING GDP AND ECONOMIC GROWTH Learning Goals for this Chapter: To know what we mean by GDP and to use the circular flow model to explain why GDP equals aggregate expenditure and aggregate

More information

National Margin Lending. Make your investment portfolio work for you

National Margin Lending. Make your investment portfolio work for you National Margin Lending Make your investment portfolio work for you Contents What is Margin Lending? 3 Why choose National Margin lending? 5 Why gear? 6 How much can you borrow with National Margin Lending?

More information

THE BMW GROUP GUIDE TO FLEET FUNDING.

THE BMW GROUP GUIDE TO FLEET FUNDING. THE BMW GROUP GUIDE TO FLEET FUNDING. The way vehicles are funded in a fleet context varies widely and there are two main methods for acquiring vehicles for your fleet: Outright purchase over a fixed period

More information

IAS 17. IAS 17 definition Benefits of leases. Leases

IAS 17. IAS 17 definition Benefits of leases. Leases by Juma Kisaame, 2014 (http://practicalaction.org/microleasing/docs/dfcu.pdf) 2015-04-29 IAS 17 Leases IAS 17 definition Lessor = OWNER of property A lease is an agreement whereby the lessor conveys to

More information

This article deals with the accounting for leases and is written for students studying AAT Paper 7:

This article deals with the accounting for leases and is written for students studying AAT Paper 7: Accounting for Leases (Relevant to AAT Paper 7 Financial Accounting) Dr. M H Ho, School of Continuing & Professional Studies, The Chinese University of Hong Kong This article deals with the accounting

More information

TIME:EIS. Targeting asset backed investments

TIME:EIS. Targeting asset backed investments Targeting asset backed investments Contents Welcome to TIME 3 The Enterprise Investment Scheme 4 Introducing TIME:EIS 5 Our EIS Team 6 Risks 7 About TIME Investments 8 Fees 9 Time for action 10 Important

More information

Macquarie Longevity Solutions. Macquarie Lifetime Income Guarantee

Macquarie Longevity Solutions. Macquarie Lifetime Income Guarantee Macquarie Longevity Solutions Macquarie Lifetime Income Guarantee How can Macquarie help? The Macquarie Lifetime Income Guarantee Policy provides you with a flexible, low cost investment which guarantees

More information

Volex Group plc. Transition to International Financial Reporting Standards Supporting document for 2 October 2005 Interim Statement. 1.

Volex Group plc. Transition to International Financial Reporting Standards Supporting document for 2 October 2005 Interim Statement. 1. Volex Group plc Transition to International Financial Reporting Standards Supporting document for 2 October 2005 Interim Statement 1. Introduction The consolidated financial statements of Volex Group plc

More information

Your business finance is in. good hands... www.gocommercialfinance.com 01446 506 508. Commercial & buy-to-let mortgages

Your business finance is in. good hands... www.gocommercialfinance.com 01446 506 508. Commercial & buy-to-let mortgages Your business finance is in Commercial & buy-to-let mortgages good hands... Asset, development & residential development finance Business loans, stocking finance, cash flow finance & bridging finance All

More information

Jones Sample Accounts Limited. Company Registration Number: 04544332 (England and Wales) Report of the Directors and Unaudited Financial Statements

Jones Sample Accounts Limited. Company Registration Number: 04544332 (England and Wales) Report of the Directors and Unaudited Financial Statements Company Registration Number: 04544332 (England and Wales) Report of the Directors and Unaudited Financial Statements Period of accounts Start date: 1st June 2009 End date: 31st May 2010 Contents of the

More information

Acquisition Checklist

Acquisition Checklist General Information Exact corporate name Address Date and state of incorporation States in which the company is qualified to do business Location of minute books, by-laws, and certificate of incorporation

More information

KEY GUIDE. Setting up a new business

KEY GUIDE. Setting up a new business KEY GUIDE Setting up a new business The business idea You have a business idea, but can you turn it into a viable enterprise? Is there a market for the goods you will produce or the services you will supply?

More information

Dealing With Your Banker &

Dealing With Your Banker & Dealing With Your Banker & Other Lenders Your financing The success or failure of your business will depend on whether or not you have enough capital to: buy the equipment and inventory you need; pay overhead

More information

1. Applying Our application form is quick and easy to complete and as soon as we have it, we get in touch to discuss your options.

1. Applying Our application form is quick and easy to complete and as soon as we have it, we get in touch to discuss your options. NEED A BUSINESS LOAN? R50 000 R1 500 000 Easy application process Pay-out in as little as three days The single biggest challenge facing small to medium enterprises in South Africa today is accessing the

More information

Analyzing Cash Flows. April 2013

Analyzing Cash Flows. April 2013 Analyzing Cash Flows April 2013 Overview Introductions Importance of cash flow in underwriting decisions Key attributes to calculating cash flow Where to obtain information to calculate cash flows Considerations

More information

CIMA F3 Course Notes. Chapter 10. Lease vs Buy

CIMA F3 Course Notes. Chapter 10. Lease vs Buy CIMA F3 Course Notes Chapter 10 Lease vs Buy Personal use only - not licensed for use on courses 137 1. Leasing Leasing Leasing is a process by which a firm can obtain the use of a certain fixed assets

More information

tax-efficient of business

tax-efficient of business 01 technical tax-efficient of business RELEVANT TO ACCA QUALIFICATION paper P6 (MYS) The Study Guide for Paper P6 (MYS), under item B5, requires students to know how taxation can affect the financial decisions

More information

Leasing Innovative Business Solutions

Leasing Innovative Business Solutions Leasing Innovative Business Solutions Agenda Change in Technology Landscape Top of the mind CXO issues Leasing a Strategic Tool Solutions for every Business requirement Asset Management / Disposal Solution

More information

IT S LIFETIME LOAN A SIGN OF THE TIMES AUSTRALIAN SENIORS FINANCE. The Home Equity Release Specialist

IT S LIFETIME LOAN A SIGN OF THE TIMES AUSTRALIAN SENIORS FINANCE. The Home Equity Release Specialist IT S A SIGN OF THE TIMES LIFETIME LOAN AUSTRALIAN SENIORS FINANCE The Home Equity Release Specialist UNLOCK THE IN YOUR EQUITY HOME If you want the financial freedom to spend your retirement how you choose,

More information

Preparing Agricultural Financial Statements

Preparing Agricultural Financial Statements Preparing Agricultural Financial Statements Thoroughly understanding your business financial performance is critical for success in today s increasingly competitive agricultural environment. Accurate records

More information

THE Alliance LEASE PROGRAM

THE Alliance LEASE PROGRAM GREAT REASONS TO MAKE THE Alliance LEASING PROGRAM YOUR MAIN CHOICE FOR LEASING Alliance maintains relationships with over 50 of the top lease financing companies, commercial finance institutions and banks

More information

Finance for your personal needs

Finance for your personal needs Finance for your personal needs Flexible finance from the Volkswagen specialists Choosing a new car is a very personal thing, and we think car finance should be just as personal. We re here to help you

More information

Finance for your business needs

Finance for your business needs Finance for your business needs Flexible finance from the Volkswagen specialists Choosing a new car is a very personal thing. And we think car finance should be just as personal. We re here to help you

More information

MAKING YOUR PROJECTS REAL SOCIETE GENERALE EQUIPMENT FINANCE CLEAN AND RENEWABLE TECHNOLOGIES

MAKING YOUR PROJECTS REAL SOCIETE GENERALE EQUIPMENT FINANCE CLEAN AND RENEWABLE TECHNOLOGIES 2016 MAKING YOUR PROJECTS REAL SOCIETE GENERALE EQUIPMENT FINANCE CLEAN AND RENEWABLE TECHNOLOGIES SOCIETE GENERALE EQUIPMENT FINANCE IS A GLOBAL LEADER AND AN AWARD-WINNING FUNDER FOR THE PROVISION OF

More information

The consolidated financial statements of

The consolidated financial statements of Our 2014 financial statements The consolidated financial statements of plc and its subsidiaries (the Group) for the year ended 31 December 2014 have been prepared in accordance with International Financial

More information

Capital v Revenue Expenditure Toolkit. 2012-13 Self Assessment and Company Tax Returns

Capital v Revenue Expenditure Toolkit. 2012-13 Self Assessment and Company Tax Returns Capital v Revenue Expenditure Toolkit 2012-13 Self Assessment and Company Tax Returns Published December 2013 Index Introduction...3 Areas of risk within Capital v Revenue expenditure...3 Using links within

More information

Share me. Choosing the right fleet option for your company

Share me. Choosing the right fleet option for your company Light Commercial Vehicle Acquisition Hire or Buy? Choosing the right fleet option for your company 1 Contents Hiring or buying LCVs. Why does it matter? Fleet ownership the benefits Fleet ownership the

More information

EQUITY LOAN HOME HOWDO WE STAY IN OUR FAMILY HOME?

EQUITY LOAN HOME HOWDO WE STAY IN OUR FAMILY HOME? HOWDO WE STAY IN OUR FAMILY HOME? HOME EQUITY LOAN Welcome If you want the financial freedom to spend your retirement how you choose, with independence and dignity, you should talk to us. A Heartland Home

More information

In Specie Property Contribution Case Study

In Specie Property Contribution Case Study In Specie Property Contribution Case Study Introduction: There has been much press coverage surrounding the forthcoming Pension Flexibility measures recently announced by George Osborne and which are due

More information

ANNUAL REPORT OF MIDWEST MANAGED SERVICES

ANNUAL REPORT OF MIDWEST MANAGED SERVICES ANNUAL REPORT OF MIDWEST MANAGED SERVICES MIDWEST MANAGED SERVICES INC. Directors of the Company 1 Directors Report 2-3 Financial Statements 4-6 Notes forming part of Financial Statements 7-11 MIDWEST

More information

ACCOUNTING FOR LEASES AND HIRE PURCHASE CONTRACTS

ACCOUNTING FOR LEASES AND HIRE PURCHASE CONTRACTS Issued 07/85 Revised 06/90 New Zealand Society of Accountants STATEMENT OF STANDARD ACCOUNTING PRACTICE NO. 18 Revised 1990 ACCOUNTING FOR LEASES AND HIRE PURCHASE CONTRACTS Issued by the Council, New

More information

Welcome. To the Insider s Guide to Leasing* The Smart Choice. Leasing Advantages. Leasing Jargon

Welcome. To the Insider s Guide to Leasing* The Smart Choice. Leasing Advantages. Leasing Jargon Welcome To the Insider s Guide to Leasing* Your easy-to-understand guide to the benefits of equipment leasing from Harbor Financial Services NW In the following pages, you ll find simple explanations of

More information

Keeping Things Nice & Simple...

Keeping Things Nice & Simple... Keeping Things Nice & Simple... At Motordepot, it s all about you... We try to do things a little bit differently here at Motordepot. Every member of our team understands the importance of good old fashioned

More information

FINANCE FOR YOUR BUSINESS NEEDS

FINANCE FOR YOUR BUSINESS NEEDS FINANCE FOR YOUR BUSINESS NEEDS FLEXIBLE FINANCE FROM THE ŠKODA SPECIALISTS Choosing a new car is a very personal thing, and we think car finance should be just as personal. We re here to help you create

More information

Buy-to-let guide about tax

Buy-to-let guide about tax Perrys Chartered Accountants Buy-to-let guide about tax Introduction As a buy-to-let landlord it is important you know about tax and how it affects you and your investment. This is why Perrys Chartered

More information