Why leasing is right for the retail sector
For any retailer, creating the right look and ambience is essential in order to make the right impression on customers. What is more, getting the right look doesn’t have to mean a large capital outlay. Businesses can finance an entire shop refit through a lease agreement via a reputable leasing company. This is where we come in! In this blog I will be discussing why leasing is right for the retail sector.
From opticians to convenience stores and cake shops to jewellers, leasing can offer a flexible and tax efficient solution. This is to all types of businesses in the retail sector. Therefore from planning and design to interior finishes and fixtures, a lease agreement can help your plans to refit. Alternatively, for opening a new outlet without compromising your cash flow.
Leasing provides businesses with an alternative new credit line separate from banks. This therefore enables banking and overdraft lines to be kept free for any future cash flow issues or unexpected problems. And lease payments can be set against profit, therefore potentially reducing tax bills.
For a small initial payment, the asset you require is yours to use straightaway. Leasing enables you to pay for what your retail business needs over a fixed period of time. This helps you spread the cost over the life of the equipment and budget effectively. It prevents having to delay the implementation of plans until sufficient funds become available.
The lease itself can be tailored to suit your business. Agreements can be over an agreed period for example two years. Repayments can be made monthly, quarterly or annually. Also by direct debit or invoice, whichever is most convenient. You can also match payments to your seasonal cash flow. You can also source equipment from multiple suppliers.
Other sectors we provide finance for:
As well as the retail sector we can also provide finance for several other sectors and assets. These sectors include office refurbishments, restaurants and warehouses. However, we provide finance for almost anything. If you don’t see your sector here then please don’t hesitate to contact us. We may still be able to help!
If you would like more information on why leasing is right for the retail sector, then head over to our contact page. A member of our team will be happy to speak to you. Furthermore, if you would like to talk to us over the phone then please call 01494 506 385 or email email@example.com. You can also see more over on our LinkedIn page.