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Why should you consider Leasing?  
Capital investment decisions are critical to the financial viability of all organisations. Whether you are a sole trader, government body or an international conglomerate the principles are still the same: a poor investment or no investment at all, could leave your business in a position where it cannot compete effectively in the market place. Key to this decision is not just what to invest in but how to finance the investment.
 
Lease finance provides an attractive alternative to both methods of finance such as cash or a bank loan. Typically, leasing offers a way for your business to finance a wide variety of assets and related intangible items. You can finance office equipment, software, furniture but can also include items such as fit-out costs, cabling, partitioning, installation, maintenance, training and consultancy, in such a way that: ”
 
Your business pays less tax as rentals are fully allowable against tax, whereas a purchase may not be
 
Payments are spread and can be tailored to your cash flow over the useful life of the assets, allowing you to budget and manage your cash flow in an efficient manner
 
You can bridge the gap between what you need and what you can afford
 
Your existing lines of credit are unaffected allowing you to invest or use your money elsewhere
 
You can manage obsolescence without writing off large single sums
 
You can upgrade the assets or add other assets to the lease at any point during the rental period
 
There is an option for the funding to no be disclosed on you balance sheet  
 
You pay VAT on each payment rather than up-front
 
90% of the Times top 100 companies, professional firms and local authorities use leasing, as do many smaller and medium sized companies.
Why you should consider Lonsto Finance?  
Lonsto work with Independent finance companies, working closely with our customers as their finance partners providing a level of friendly and efficient service which other finance houses find difficult to attain.
 
Acceptance of Credit:

We work with over 20 finance companies and can finance transactions from as little as £1,000 to requirements worth many millions”
 
Range of Assets and Services:

We can, and do, finance almost any asset and our wide range of funders ensure that we have specialists in place in all areas. We have particular expertise in technology assets including IT Hardware and Software, telecommunications and audiovisual equipment.
 
Range of Finance Solutions:

Our independence ensures that we do not have a ‘one-size-fits-all’ approach to leasing and we have developed a range of solutions that go beyond traditional leasing. Examples include our Managed Services Solution that provides financing for service and support contracts or our solution for funding 100% software only requirements. We are able to structure leases including options for deferred payments, scaled payments or even payment holidays. Assets that you have already purchased can also be converted into a lease as a sale and leaseback to release valuable cash for use in your organisation.
 
Whole Solution:

Lonsto Finance has significant expertise in managing and financing the whole project for our clients, particularly large IT installations, office relocations and refurbishments.
 
Flexibility:

We understand the need to address each requirement on an individual basis and provide solutions to reflect that. Our agreements usually last from two to five years with repayments being made monthly, quarterly, termly or yearly. Depending on your needs, we can offer lease rental, operating lease, lease purchase, systems exchange and even business loans.
 
Support:

Strong Customer service is core to our ethos. Supporting you through to installation of the equipment is just the start of the relationship. We are always available to help our customers – this may be by obtaining upgrade quotes, sending you copy paperwork, or providing assistance with equipment suppliers. Our simple and easy to use documentation fulfils guidelines set down by the Finance and Leasing Association and helps us deliver a quick and efficient turnaround for all your funding requirements.
 
Pricing:

Supported by the best finance companies in the UK, we are able to provide you with highly competitive pricing and to provide you with best value for money without compromising on service or quality.
How we work with you  
Lonsto Leasing have many years of industry experience and expertise. Utilising this, we are able to ensure that your funding needs are fully satisfied and the finance product matches your requirements. Our processes are simple and easy to follow.
 
Credit Check:

We will carry out all relevant credit checks and we will enquire about the availability of finance for you. ”
 
Finance Proposal:

You provide us with details of your supplier(s) and the details of the equipment being leased. We will then prepare a detailed proposal for you, advising you of any supporting documentation which may be required.
 
Finance Approval:

We will complete your proposal on your behalf utilising all our experience of the market and secure the most suitable form of finance for you to match your requirements.
 
Equipment Specification:

Once credit approval has been obtained we will require the full equipment specification from your supplier(s)
 
Sign Off:

We will prepare the necessary documents for you to sign. Should it be required, we can arrange for a representative of Lonsto Finance to meet with you to explain all the documentation in detail.
 
Suppliers Engagement:

Once all the documents are signed, we authorise the supplier(s) to arrange delivery and installation of the equipment. When all documentation is complete we will arrange payment to your supplier(s)
 
Welcome to Lonsto Finance:

When your agreement is fully complete, you will receive a welcome pack containing copies of your documentation. Your dedicated team at Lonsto will be more than happy to assist in any way moving forward, including any additional financing that your organisation may need.
What can we finance? 
We have particular expertise in technology integration, which encompasses office furniture and fit out, IT, telecommunications and audiovisual equipment together with associated services. Our years of experience and close working relationships with a wide range of vendors and customers means that we can finance a wide range of assets such as:
 
- Furniture, storage and seating
- Computer hardware
- Computer software (100%)
- Telecommunications
- Telematics, such as XDAs
- Air conditioning
- Lighting / heating
- Plant and machinery
- Vehicles
- Alarm and security systems
- CCTV
- Audiovisual equipment
- School equipment such as playground and gym equipment
- Most other kinds of equipment
 
Our experience across the full range and scale of organisations in the UK is extensive and ensures that we have the understanding to meaningfully advise you of the best financial solution for your needs.
 
We have acted for a wide range of businesses in all sectors of the economy over the years and are used to dealing with the different issues each faces. We have provided finance for:
 
- Sole Traders
- Partnerships
- Small companies
- Large corporates
- Professional organisations
- Charities
- Schools
- Colleges
- Educational establishments
- Hospitals
- General practices
- Healthcare organisations
- Local authorities
- Government departments
- Emergency services
What are the alternatives to leasing? 
Cash:
 
- Uses up working capital
- VAT payable up front
- Will generally mean that full cost cannot be allowed against tax
- Why invest in a depreciating asset?
- Higher initial outlay means returns on capital are slower
 
Overdraft:
 
Same downsides as cash, plus:

- Overdrafts can be withdrawn at any time
- Security will have to be given over all assets
- Personal guarantees from the directors may be required
- The rate of interest can go up
- The liability will appear on your balance sheet
 
Bank loan/HP:
 
Similar downsides to overdraft except that:

- Rate of interest more likely to be fixed
- Personal guarantees unlikely for HP
- Not repayable on demand
 
Re-mortgage:
 
Similar downsides to overdraft except that:

- Set-up costs likely to be higher
- Not repayable on demand