Tel 023 80 704 704
Finance Options
Academy Leasing Ltd
Hudsons have carefully selected the partnership with Academy Leasing, who have been providing facilities to the Surveying Industry for over 10 years. They offer a professional yet personal service which is tailored to meet individual requirements.
Academy operates a dedicated finance department offering contract hire, finance lease and sale and leaseback schemes, specifically designed to suit the individuals needs of today's survey and construction companies.
Academy offers an effective combination of business acumen and personal service. Success hasn't blinded them to the importance of close and responsive working relationships - nor has their expansion prevented them from caring for their clients, large or small.
For more information, please contact Dan Robinson at Academy Leasing, on 07557 036 299, or visit www.academyleasing.com
BENEFITS OF LEASING
Preserve Your Capital for More Profitable Uses
Why tie up significant amounts of your valuable, hard-earned capital in an outright equipment purchase, when you can lease it for a low regular payment? Far better to keep your money working for you and spread the cost of your equipment over its useful working life.
Simplify Your Budgeting and Forecasting
Leasing provides you with a fixed and manageable monthly payment, irrespective of interest rate fluctuations or other economic changes. Payments are fixed for the term of the agreement, protecting you from interest rate increases, enabling accurate budgeting and cash flow projections and giving you peace of mind.
Choose the Equipment that Meets Your Needs
Why compromise your business future? With leasing, you are not limited to acquiring the equipment you can afford to purchase at the time. Monthly payments enable you to focus upon selecting the most productive, modern equipment for your business.
Retain Your Existing Credit Lines
You can preserve your existing bank funding lines and optimise your use of commercial credit sources. Since the finance is based on the value of the asset itself, no additional security is required. By leasing equipment, you free up your overdraft or bank loans for use in running your business.
Improve Your Return on Investment
Remember, it is use of the equipment, rather than ownership, that drives productivity gains and savings. Leased equipment effectively pays for itself whilst it is being used through the additional productivity or cost-savings it generates. Would you pay your staff five years in advance? Don't forget, you'll be acquiring the use of the equipment at today's prices, without a large cash outlay.
Upgrade to New Equipment Easily
Keeping your business equipment up to date with frequent advances in technology can rapidly drain your capital. Our lease facilities give you the flexibility to upgrade ageing or obsolete equipment for more technically advanced products. At the end of the term of the lease, the equipment can be returned to the leasing company, avoiding equipment disposal issues or costs.
100% Tax Allowable
Lease rentals are 100% allowable against your pre-tax profits. The total cost can be offset during the lease period, with your rental payments deducted as a trading expense. In a recession, leasing is particularly powerful, since many businesses have reduced taxable profits.
FREQUENTLY ASKED QUESTIONS
I haven't used leasing before
Don't worry, 8 out of 10 accounting firms, Government bodies and 85% of the Times Top 100 companies all use leasing; you will be joining good company.
What size of transaction can be financed?
The minimum lease value is £1,000 (ex. VAT) but we finance transactions right through to £multi-million projects – The benefits remain consistent regardless of project size.
How long can I lease assets over?
You can lease assets over a term to suit your needs, subject to the asset in question. For instance technology assets are typically financed over 1-5 years. Alternatively leases could be as short as one year, for example software licenses. We can advise you as to the most appropriate term for your specific needs.
What can be leased?
A huge range of assets qualify for leasing and we finance everything from surveying equipment to Plant & Machinery. Academy Leasing also finance Vehicles, from private and fleet cars, Vans, HGVs and Plant.
Will I have to put down a deposit?
Under normal circumstances, you only make your first payment when you take delivery of the goods. A deposit is not normally required for established businesses, however in certain circumstances a deposit may be requested. Also, you can offer a deposit should you wish to budget for a particular set monthly payment.
What happens if the goods become obsolete or need to be upgraded?
One of the main reasons for leasing is to match the rental term to the period of the products productive life. You can at any point in the rental period upgrade the equipment and your payments will alter accordingly. The upgrade path is another benefit of leasing, unlike using cash.
Can I lease the use of software or other non-tangible items?
Absolutely – software is ideally suited to leasing and allows you to pay for licenses etc over time.
What happens if I don't keep up the payments?
Like any agreement, you are agreeing to make the payments as set out in the document. If you fail to make these payments then steps will be taken to remove the leased goods and enforce the terms of the agreement. A benefit of leasing, unlike most bank facilities, is that there is no link to the broader financial performance of your organisation – As long as the rentals are paid, the facility cannot be withdrawn.
Will signing a lease reduce my ability to gain credit elsewhere?
By choosing to lease, you will leave all your present lines of credit in place, if anything it may help you gain more credit in the future.
| Automatic Levels |
| Digital Levels |
| Rotating Lasers |
| Single Grade Lasers |
| Dual Grade lasers |
| Pipe Lasers |
| Line & Dot Lasers |
| Laser Accessories |
| Laser Measuring |
| Pocket Tapes |
| Fibre Tapes |
| Steel Tapes |
| Folding Tapes |
| Scale Rules |
| Road Wheels |
| Telescopic Measuring Rods |
| Ranging Poles |
| Cable Detection |
| Confined Space |
| Spray Paint |
| Retro Targets |
| Crayons |
| Nails |
| Safety Helmets |
| Hi-Vis |
| Glasses |
| Gloves |