Units 19-20 Whitworth Road

Washington, NE37 1PP
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Mon - Fri 8.30 - 5.00

Saturday & Sunday CLOSED

Sales Department

0800 304 7250 or 0191 417 6285

Units 19-20 Whitworth Road

Washington, NE37 1PP

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Mon - Fri 8.30 - 5.00

Sat & Sun CLOSED

Sales Department

0191 417 6285

Spread The Cost Of Purchase.

Why not finance the cost of your machine.

Finance Your Machinery Purchase

 

Radecal Machines have partnered with a number finance companies to give our customers  lease/finance machinery to your business needs.

By choosing to finance our products, you will be able to enjoy some fantastic benefits:

  • Keep cash flow within the business
  • Get the machinery 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
Assumptions based on an established business
Equipment Cost: £8,000
Lease Period: 3 Years
Frequency: Monthly
Company’s Tax Rate: 20%

Cash Purchase

Year Capital Allowance Tax Relief
1 18% of £8,000 = £1,440.00 Less 20% = £288.00
2 18% of £6,560 = £1,180.80 Less 20% = £236.16
3 18% of £5379.20 = £968.26 Less 20% = £193.65

Total tax relief: £717.81

Lease Rental

Year Capital Allowance Tax Relief
1 12 rentals of £273.92 Less 20% = £657.41
2 12 rentals of £273.92 Less 20% = £657.41

Total tax relief: £1,972.22
3 12 rentals of £273.92 Less 20% = £657.41

Company A has chosen to lease its equipment and has gained
£1,254.41 in tax relief.

 

Radecal Machines will be working alongside our partners to provide you with some great options when it comes to using finance to purchase the machinery you need for your business.

Call Us Today on 0800 304 7250 to get a quotation on any of our machines, whether it is CNC, Laser, Cutting Table or any other machine we sell and install.