Commercial Financing and Leasing Options
Matrix are in a position to provide you with the option of a more affordable solution to suit your business needs.
The Benefits of Financing and Leasing with Matrix
By choosing to finance our products & services, you will be able to enjoy some fantastic benefits:
- Keep cash flow within the business.
- Get the equipment you want when you need it, not just when budgets allow.
- Enjoy 100% tax relief rentals payable.
- Pay monthly or quarterly payments over a chosen period of time rather than handing over one large lump sum.
- Keep up with the latest technology by upgrading the equipment at any time throughout the lease period.
- Structure your lease payments to suit your budgetary needs and allowances.
- Protect your existing credit lines by using leasing as an alternative funding facility.
So how does leasing compare to cash purchase?
Lease vs Buy Example One
Assumptions
Equipment Cost: £2,000
Lease Period: 3 Years
Frequency: Monthly
Company’s Tax Rate: 19%
Cash Purchase
Year
1
2
3
Capital Allowance
18% of £2,000 = £360.00
18% of £1,640 = £295.20
18% of £1,345 = £242.21
Tax Relief
Less 20% = £72.00
Less 20% = £59.04
Less 20% = £48.41
Total tax relief: £179.45
Lease Rental
Year
1
2
3
Capital Allowance
12 rentals of £69.60
12 rentals of £69.60
12 rentals of £69.60
Tax Relief
Less 20% = £167.04
Less 20% = £167.04
Less 20% = £167.04
Total tax relief: £501.12
Company A has chosen to lease its equipment and has gained
£321.67 in tax relief
Lease vs Buy Example Two
Assumptions
Equipment Cost: £5,000
Lease Period: 3 Years
Frequency: Monthly
Company’s Tax Rate: 19%
Cash Purchase
Year
1
2
3
Capital Allowance
18% of £5,000 = £900.00
18% of £4,100 = £738.00
18% of £3,362 = £605.16
Tax Relief
Less 20% = £180.00
Less 20% = £147.60
Less 20% = £121.03
Total tax relief: £484.13
Lease Rental
Year
1
2
3
Capital Allowance
12 rentals of £174.00
12 rentals of £174.00
12 rentals of £174.00
Tax Relief
Less 20% = £417.60
Less 20% = £417.60
Less 20% = £417.60
Total tax relief: £1,252.80
Company A has chosen to lease its equipment and has gained
£768.67in tax relief
Cash Flow
At Matrix we understand how important cash flow is to any business.
Using our financing options you are in a position to keep your cash flow in the positive and pay for our products and services on a monthly basis.
Get Your Equipment Now
Don’t wait to get your equipment when you have the budget to do so.
Speak to the experts at Matrix for competitive prices on fire alarms to protect your staff and your premises. Covering Manchester, Liverpool, Preston and the whole of the North West.
Tax Relief
Using our leasing options your business will actually receive more tax relief over the time period you choose to pay.
Not only will this save you money but once again will increase your businesses cash flow.