2nd Floor, 29 Crouch St, Colchester CO3 3EN

Assets Finance and Leasing

Michaels Commercial are happy to help arrange for you a competitive quote to lease any IT hardware or software, cars (individual or fleet), HGV's and Plant and most other assets your business may need.

Leasing is a tax and cash efficient way of financing equipment and vehicles for your business, it keeps the asset 'off balance sheet' and can be arranged on almost anything, from equipment valued at a few thousand pounds to several millions.

There are many benefits of leasing an asset rather than purchasing it outright which can be summarized below:

Better Cash Flow

Leasing gives you access to the asset with minimal up-front payments and spread the cost over time. You to pay for the asset with the income it generates while minimizing the outlay from your working capital.

Financial Leverage

Your lease can often finance everything related to the purchase and installation of the asset and may free up cash flow to pay for items such as training.

No debt

An operating lease preserves your credit options and does not influence your credit limit as it is generally not classified as debt but as expense (note that this advantage does not apply to finance leases!).

Simplified cash flow

Lease payments are usually flat, making cash management more predictable and stable whilst also protecting you from rate rises.

Flexible time frames

Leasing contracts can be structured to fit your individual business requirements allowing you to use an asset for as long as you need it without owning it for longer than needed.

Tax advantage

Operating lease payments are generally tax deductible just like depreciation charges but, crucially, they are made with pre-tax money versus a cash purchase which is made with money which has already been taxed.

Hedge against obsolescence

Depending on your end-of-lease option, just return the asset to the lessor, leaving you with none of the hassle of having to dispose of the asset at that time or incurring loss via depreciation.

Contact Us Now To Arrange Your Appointment


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2nd Floor, 29 Crouch St, Colchester CO3 3EN

Legal Info

Registered Office:
Michaels Commercial Finance
2nd Floor, 29 Crouch St, Colchester CO3 3EN.

Michaels Commercial is a trading style of Michaels Commercial Ltd FRN: 803907 who are Credit Brokers and are Appointed Representatives of White Rose Finance Group Ltd (FRN: 630772) Authorised and Regulated by the Financial Conduct Authority.