T: 0844 800 9785 F: 0560 113 9017 E: info@getech.org.uk

Leasing

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Leasing offers garages a cost and tax efficient way of acquiring new items of garage equipment and hence many customers choose to spread the cost of purchases using this method.

Although GETECH are registered at the Financial Conduct Authority (FCA) to offer leasing on our goods, we use a professional finance house who, through a comprehensive network of funding lines, are able to provide finance solutions for new start businesses through to blue chip companies. This allows us to stick to supplying, maintaining and calibrating garage equipment - our core business.

Opportunities exist for all sizes of enterprise, for new start businesses as well as established ones but although we can indicate a likely monthly payment before a formal application is made, exact costings (unless you are a limited company with recent up-to-date accounts filed) require some information to be provided by you in the first instance - normally 3 months of company (or personal) bank statements.

Please contact us on 0844 800 9785 for an initial, realistic verbal quote.

 

Why lease your equipment?

  • Cost Effective

Additional profit generated from investing in new equipment can service the lease repayments.

  • Preserves Working Capital

By leasing, valuable capital remains within the business allowing for continued growth.

  • Protects Other Credit Lines

With leasing, existing lines of credit remain intact.

  • Tax Efficient

Because leasing payments are fully deductible from a business's taxable profits leasing remains one of the most popular ways a company can borrow money.

  • Ease of Budgeting

All budgets are fixed for the duration of the agreement and are not subject to fluctuations in interest rates. Payments are fully deductible from a business's taxable profits leasing remains one of the most popular ways a company can borrow money.

Products

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Jump Start

If you are opening a garage from stratch then you are normally looking at a sizeable initial capital purchase requirement. Balancing start-up costs with initial working capital can be difficult but with our JUMPSTART package you can secure the financing for the entire project.

JUMPSTART is a solution for a new applicants where little initial financing is available. With a good business plan and 3 months personal bank statements it is usually possible to secure the necessary finances required for your workshop project.

Call 0844 800 9785 for more information on this, or any other of our leasing packages.

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Low Start

Flexibility is often key to business success and this certainly applies to the financing of capital equipment and for complete garage start-ups. Our LOW START finance package allows you to secure finance at a competitive initial rate allowing more flexible use of available funds.

LOWSTART is an option for a 'majority of applicants who have some trading history' and are looking to expand their garage operations further.

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0% Deposit

Finance 100% of the total cost eliminating the need for a large deposit. You don't pay your employees in advance so why pay more than you need at the earliest stages of key projects?

Our 0% deposit option allows you to commit to new equipment projects without the need for a deposit.

However in order to gain such a competive deal on your project your financial situation would need to be 'better than average'.