Leasing

Technology Supplies offers a flexible range of leasing options for customers looking to pay for machinery and equipment over a period of months or years - allowing schools and colleges to gain access to equipment which may have been too expensive as a one-off purchase, as well offering a way to keep classrooms and workshops up to date with fast moving technologies.

 

 

The benefits of leasing...

  Instant efficiency & latest equipment with NO capital outlay
The very latest equipment can be obtained without utilising valuable working capital, thereby leaving money available for more profitable use within the customers’ business.

  Upgradability
The customer is never left with obsolete equipment as they can upgrade throughout the lease period to ensure they always have the very latest equipment.

  Tax deductable
All rental payments are 100% allowable against tax, unlike other methods of acquisition, such as cash purchase for example, where only 25% of the price may be offset against tax in the first year.

  Hedge against inflation
Rental payments are fixed for the full period of the lease. This enables accurate forward budgeting and the luxury of paying for today’s equipment with tomorrow’s devalued money.

  Preserves existing credit facilities
Bank and other loan arrangements remain intact because leasing preserves existing credit lines.

 

 

Example leases...

We've put together some exmaples of leasing options which are available. We offer leasing options for a wide range of machinery and equipment, and you are not limited to just those shown on this page.

 

Illustration 1

Graduate Plus Wood Lathe
540-031
£2,983.76

From £103.87 per month over 3 years (no deferred payments)

Initial payment of £103.87 (rental fee) + £99 facility fee + 35 monthly payments of £103.87 + £40 annual service fee (all prices exclusive of VAT)

 

Illustration 2

TS402 Education Bandsaw
540-536
£2,400.00

From £90.60 per month over 3 years (with 3 months deferred payments)

3 months payment free followed by: Initial payment of £90.60 (rental fee) + £99 facility fee + 35 monthly payments of £90.60 + £40 annual service fee (all prices exclusive of VAT)

 

Illustration 3

Mobile Bench with Drill, Bandfacer, + Extractor
MobileBench4
£5,522.00

From £224.47 per month over 3 years (with 6 months deferred payments)

6 months payment free followed by: Initial payment of £224.47 (rental fee) + £99 facility fee + 35 monthly payments of £224.47 + £40 annual service fee (all prices exclusive of VAT)

 

Want to know more?

Get in touch with our team to find out more about products available for leasing, quotations, and any other information.

Enquire Now   >

 

Struggling to get funding for new equipment?

We've put together a useful guide which will give you valuable tips on how to bid for new equipment in your school. Fill in the form at the link below to downlaod the guide.

Download the Guide   >