With Signature Blue you can hire / lease your chairs by entering into a leasing contract for a fixed term. We offer a range of leasing and rental contracts – from lease only to a fully-managed service which can often work out as the most effective financing solution.
Tax Benefits of Leasing
Leasing expenses are tax effective and could even meet the financial outlay, making it a very attractive option. Leasing rentals for a business are 100% tax allowable, which means that the cost of leasing can be offset against your pre-tax profits during a lease period. This is because lease payments qualify as direct operating expenses rather than a debt or outstanding liability which in turn reduces your short term taxable income.
Advantages of leasing
Leasing can safeguard your liquidity by protecting capital and improving credit ratings. Buying a furniture outright can tie up a significant amount of capital, but by leasing you allow your money to go further and spread the cost of your equipment over its useful working life. By choosing to lease you can significantly reduce your initial outlay and expenditure.
What’s the difference between renting and leasing?
When you lease furniture with Signature Blue, you do so for a fixed period of time. You use the furniture as if it were yours, you make monthly payments and at the end of the lease you have the option to buy the furniture for a nominal fee-usually one extra months’ payment - in most cases ( subject to terms of agreement & type of product hired )
Advantages of renting
Furniture rental offers several advantages:
• You choose the level of service you need.
• Your furniture is delivered by us, maintenance and labour are included as standard.
• You will streamline account management through predictable monthly instalments.
• You have freedom to upgrade as part of your rental deal.
• Furniture can be rented through short-term agreements, which is perfect for one-off
events or seasonal businesses where buying equipment would be too expensive. Subject to minimum 6 month rental
• Protects liquidity and credit lines.
Advantages of buying your furniture
In some circumstances it makes sense to simply purchase your furniture outright. This is especially true if you don’t want to be tied into any contracts. An additional benefit of buying is that your furniture becomes an asset. But beware, the advantages of purchasing may be outweighed by unavoidable servicing and maintenance costs which you will of course need to cover.