Using convection heat to heat commercial and office spaces is really expensive and inefficient. If you’re a tenant you’re reliant on either the landlord investing in energy efficient heating for the space or you have to bite the bullet and install it yourself. A capital outlay on a leased commercial or office space is not a great investment and has a massive impact on your cash flow.
The great news is that there is a smart commercial heating finance solution. You don’t have to use cash or bank facilities to fund your heating project! Instead of tying up large amounts of capital, a smarter alternative could be to use a lease facility.
Leasing is a tax efficient and cost effective method of achieving your objectives whilst retaining capital in your business. What are the Benefits of using lease finance?
The finance landscape is changing; businesses are moving away from traditional methods (bank loans & overdrafts) and increasingly using alternative finance options including leasing.
Cash is the lifeblood of any business. Leasing means no large up-front payment so you keep the cash in your business, preserving liquidity and freeing up valuable working capital for use elsewhere.
Unlike other methods of finance, payments are fixed for the duration of the lease period making budgeting more accurate, and eliminating unexpected variations such as increases in interest rate.
Leasing leaves your bank credit lines intact and free for other business development or investment purposes, so bank overdrafts are unaffected.
If you lease your infrared heating equipment the repayments are 100% allowable against taxable profit.
Current budgets will dictate the scope of your project, but with flexible payment
options to suit your business, leasing allows you to achieve the specification of your choice so you’re less likely to have to make short term compromises.
Our leasing partner will arrange all the paperwork, keeping you updated throughout.