Finance & Leasing
We partner with Photolease to offer leasing and finance options for our turnkey packages for UK based customers.
Photolease are the leading specialist finance company in the Photographic Industry and provide flexible options for your business, whether you are a prominent professional, established company or an aspiring photographer. Photolease have extensive knowledge of the events industry and experience in working with events firms, event equipment hire firms and event venues directly. They tie in effectively with every element of our client-base.
Photolease have been trading and lending for 40 years, and you will benefit from dealing directly with the decision-makers rather than an intermediary. Decisions are fast and efficient, whilst conversations and applications are friendly, unstuffy and informal.
If you are interested in finance, please complete the brief application form through the link below, and one of the Photolease team will contact you to give costings and answer any questions you might have.
THE ADVANTAGES OF LEASING
- Reserve cash and existing banking facilities are protected and left available for other projects and unforeseen expenses
- Payment can be spread over a period of one to four years dependent upon value and type of equipment
- A single payment at the end of the lease guarantees retention of the asset for the remainder of its working life
- If you want to sell the equipment after the lease has ended you will receive the sale proceeds
- Cash flow is protected and the leases asset generates revenue to cover the monthly rental payment
- No need to be VAT registered
SOME FREQUENTLY ASKED QUESTIONS ABOUT LEASING AND FINANCE
WHAT HAPPENS AT THE END OF THE LEASE? Photolease will extend the agreement indefinitely on payment of a single further monthly rental. After that you can keep the equipment and will never have to pay any more.
ISN'T LEASING JUST FOR COMPANIES WHO CAN'T AFFORD THE CASH? No. Companies who lease do so because they know that there are better uses for their spare funds.
IS LEASING ONLY RELEVANT FOR LARGE ACQUISITIONS? No. Transactions of all sizes are completed using lease agreements. You can lease equipment worth as little as £1000.
WHAT HAPPENS IF THE EQUIPMENT BECOMES FAULTY? You have the protection of the manufacturers and/or suppliers warranty. Responsibility for repairs out of warranty are yours.
WHAT ABOUT VAT? Rentals attract VAT. This can be reclaimed if you are VAT registered.
WHAT CAN BE INCLUDED IN THE AGREEMENT? Leasing enables the whole solution to be financed. This can include hardware, software, installation, training and warranties.
CAN THE EQUIPMENT BE UPGRADED? Yes. The equipment can be upgraded during the course of the agreement. Speak to us for further details.
IS THERE A PENALTY FOR SETTLING EARLY? No. If you clear the account before it has run it's full term then there is a reduction in the full amount payable.
CAN I PAY A LARGER DEPOSIT TO LOWER MY MONTHLY OUTLAY? Yes. However you would need to contact Photolease for the correct figures based on your deposit amount.
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