Shelving & Racking Storage Equipment Financing Information

A Lease agreement is a contract between you ‘the customer’ and a leasing company for the use of equipment that you have chosen from a supplier. The leasing company pays the suppliers invoice and you pay the leasing company regular monthly rentals. The impact on your cash flow is minimised and you immediately enjoy the benefits of new equipment.

Leasing is considered to be one of today’s most popular methods of financing business equipment. Almost any item can be leased allowing our customers to equip their business today for an affordable monthly cost whilst preserving working capital.

A Finance Lease is 100% allowable against taxable profits. This means that you enjoy tax relief on all leasing payments throughout the term. For exact benefits relevant to your business it is recommended that you talk to you your accountant for further clarification. The Swift Shelving finance service is available to Limited Companies, PLCs, LLPs and larger partnerships (4 or more partners) only.


The right equipment for your business

With a low initial payment and various terms available, leasing can help you acquire the best equipment for your business rather than what your cash resources dictate. The difference between the best solution and the cheapest solution may actually only be a small increase in your monthly payment.


Who leases?

Businesses across all sectors lease, from new start companies through to large corporations. In 2016 UK businesses financed a total of £30.19bn of assets, a 5% increase on 2015 and the highest annual total since 2008. An extract of the total funded included:

£5.84bn Plant & Machinery Finance
£2.41bn Business Equipment Finance
£2.26bn IT Equipment Finance
£7.35bn Commercial Vehicle

Finance source: Finance & Leasing Association (FLA)


Key features

Terms from 2 - 5 years
Tax advantages
Credit decisions within a few hours
Existing credit facilities remain unaffected
Flexibility - Upgrade, make additions or settle at any point during the term
Total solution finance - Finance the equipment, and delivered services
Finance Lease and Hire Purchase available