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Customer Benefits
Conserves capital
The customer is able to obtain immediate use of the equipment without having to commit valuable working capital.
Ease of acquisition
Since it is the use rather than the ownership of modern equipment which will produce profits, the equipment can pay for itself while being used.
A hedge against inflation
Rentals are totally fixed for the life of the agreement and, being set at today's prices but paid for with tomorrow's income, they represent a real hedge against inflation.
Simple budgeting
Fixed rentals simplify accounting procedures. In the case of leasing, customers who have a UK tax liability are entitled to deduct the full rentals paid from their taxable profits during the payment period, thus reducing still further the net cost of using their equipment.
Alternative line of credit
Customers are offered the equipment and the means of acquiring it at the point of sale without having to make their own arrangements for fi nance. We therefore provide the customer with an alternative line of credit, leaving undisturbed existing credit lines, which may be more importantly required for working capital, not for equipment investment.
Guidelines:
- No security is required. This lies with the equipment.
- Leasing terms are normally based on a 36 month contract.
- Repayments are around £35.00 per £1,000.00 per month plus VAT.
- A 3 month's advance payment is required as deposit, leaving 33 monthly payments plus £35.00 documentation fee.
- At the end of the 3 years you may purchase the equipment via WESSEX PICTURES for one months payment or 1% of the capital sum whichever is the greater
- You may terminate the lease at any time by paying the settlement fi gure via WESSEX PICTURES.
All the above are subject to status. Rates are correct at the time of printing.
