Through FlexiCommercial you can lease equipment for your business without restriciting your cash flow.
Why Lease Equipment?
Free Up you Cash Flow - leasing equipment using FlexiCommercial allows you to acquire business-boosting assets without draining your cash flow. Leasing frees up lines-of-credit and other sources of funding so you can keep your business ticking along while benefiting from the innovation and efficiency that the leasing of new equipment provides.?
Monthly lease payments may be 100% tax deductible – when the equipment is used solely for business purposes it may be 100% tax deductible. This means you won’t have to account for depreciation and will be able to claim a credit for the GST component as well. As a fully deductible operating expense for tax purposes, the actual cost to the business may be less than the actual payments*.
Avoid Technology Obolenscence - leasing assets and equipment over their productive life allows you to upgrade to the very latest equipment during or at the end of the term. It’s a smart way to keep pace with technology and stay ahead while avoiding technology obolensecene.
Flexible End of Contract Options - you can choose between an operating lease and a finance lease. At the end of an operating lease term, you can upgrade to new technology, extend the lease, make an offer to purchase or simply return the equipment#. There are no hidden clauses or residual value liability. At the end of a finance lease term, you simply pay the agreed residual amount and you own the equipment outright.
Easy Upgrade - take advantage of the FlexiCommercial upgrade option, and update equipment when/as required. It’s a great way of maintaining your cash flow while financing your ongoing business needs.
Calculating your Repayments
#All upgrade and purchase options are subject to your agreement and our standard terms and conditions, and all upgrade options are also subject to any internal credit criteria.