Laundry Machine Ltd are able to offer tax efficient finance options with terms from 12-60 months. Commercial laundry equipment leasing conserves working capital by not having to pay cash up front, the cost is spread to cover the working life of the equipment so you get the benefit of immediate usage of the equipment without the capital outlay. With banks reducing the amount of loans, and overdrafts being reduced or taken away, leasing is a valuable new credit line to help you obtain the laundry equipment that you require.
 
 
What is lease purchase?

Lease purchasing is a tax efficient way for businesses to purchase and upgrade equipment.

Are my payments fixed?
Yes all our lease purchase agreements are fixed for the term so your payments will not change.
 
What happens at the end?
When you complete the agreed term you can either choose to part exchange the machine for a new one or simply keep the machine on site, it's yours.

Leasing benefits
Lease purchasing is 100% allowable against pre-tax profits, this reduces the overall expenditure per year. (Please see example below)

This illustration shows how you can save with leasing (based on a £7000 lease purchase agreement over three years)

You can claim upto 100% tax relief on leasing
Year 1
33% allowance
£2333
Year 2
33% allowance
£2333
Year 3
33% allowance
£2333
Total Allowance
100%
£7000

Cash Purchase
Year 1
50% allowance
£3500
Year 2
13% allowance
£910
Year 3
9% allowance
£630
Total Allowance
72%
£5040
     
     
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