Benefits of Leasing

Leasing allows you to acquire the practice equipment you need without the initial capital outlay, creating a stable expense environment and assiting better budgeting.

With no capital outlay and even monthly repayments, funds are retained within your practice and preserved for use in more productive areas.

Benefits Snapshot

	Terms from 12-60 months
	Tax deductible payments
	Preserve existing credit lines
	Increase your ROI
	Release working capital for more productive use
	Easier budgeting with one easy monthly payment
	Stay one step ahead with the latest model technology

Product Comparisons (Comparison.pdf)
The below product comparison table acts as a sanity check between all the different lease and finance options available and details more specific benefits that each will provide for you and your practice. Whilst this information acts as helpful guide we also recommend that you consult with your accountant or tax advisor.

CUSTOMER BENEFITS	Operating Lease	Rental Agreement	Finance Lease	Lease to Own	Credit Contract
Term from 12-60 months	•	•	•	•	•
Predetermined operating cost enabling accurate budgeting
Balloon or residual payment available			•	•
Simple administration	•	•

OPERATING COSTS	Operating Lease	Rental Agreement	Finance Lease	Lease to Own	Credit Contact
Optional maintenance or service contract linked to asset	•	•

END OF TERM	Operating Lease	Rental Agreement	Finance Lease	Lease to Own	Credit Contract
No disposal concerns	•	•
Protected from resale risk	•	•
Responsible for profit (loss) on resale			•	•	•
Choice of purchasing or returning at the end of the term			•
Eventual ownership				•	•

ACCOUNTING REQUIREMENTS	Operating Lease	Rental Agreement	Finance Lease	Lease to Own	Credit Contract
Tax deductible payments	•	•	•	•
GST on payments claimable	•	•	•	•
Payments fixed for the contract term	•	•	•	•	•
No accounting for depreciation or interest cost	•	•
Off balance sheet finance	•	•
Increase in balance sheet liabilities			•	•	•

Getting Started
Get started here, and with Professions expertise we'll make the whole process as easy as 1-2-3.

Questions?
For more information and to see how Professions can help bring your practice to life the easy way call one of our team now on
0800 123 001

* Product information and comparisons are for illustrative purposes only and do not constitute accountancy or tax advice. Professions Finance & Leasing Limited reccommends that you consult with your accountant or tax advisor prior to making any important long term financial decision.