Lease Finance for Customers: Your Pathway to Asset Freedom
Unlock the Equipment You Need, Without the Financial Burden.
Free your business to grow with lease finance from ELS...
When it comes to acquiring the equipment your business needs, financial constraints shouldn't be the roadblock. ELS is here to navigate you through the complexities of finance, turning challenges into opportunities for growth.
Try our ELS finance calculator to get an idea of your monthly payments
*For illustration purposes only. This is not an offer or quote for finance. if you are new start business or educational / local authority entity these guidelines rates are not applicable. Please contact us direct for a quote.
Why Choose ELS for Lease Finance?
Expertise in Solving Complex Challenges:
Founded to tackle the most intricate business finance and funding challenges, ELS is your go-to partner for finance solutions tailored to your unique needs.
Fast, Transparent, and Reliable:
Time is money, and we understand that. Our fast application process, and industry-leading rates ensure you get the best deal without delays.
Personalised Account Management
At ELS, you're not just another account. You're assigned a dedicated account manager who understands your business inside and out. This ensures a seamless experience from application to approval, and beyond.
Long-Term Partnership Focus
ELS is committed to building long-lasting relationships. We don't just provide a finance solution; we become a strategic partner in your business growth. Our aim is to support you today and be there for your future financial needs as well.
Benefits of Lease Finance with ELS
Industries we serve...
ELS has expertise across a number of industry sectors around the UK and Northern Ireland. We work with established businesses, start-ups, large corporates, schools, local authorities and so much more.
Here are just a few of the sectors we cover for equipment and asset finance...
How long can you lease equipment for?
Lease finance agreements generally span between 2 to 6 years. While exceptions do exist, extending up to 7 or even 10 years, the term length directly impacts your monthly payments and total interest. For an estimate, feel free to use our lease finance calculator.
Lease Finance vs. Outright Purchase:
What's Best for You?
Both leasing and buying have their merits. Purchasing equipment outright eliminates interest but requires a significant upfront investment, potentially straining your operational budget. Leasing, offers the advantage of manageable monthly payments without a substantial initial outlay. This approach also opens up tax benefits, making it a financially savvy choice for many businesses.
Types of Equipment Finance: What Are Your Options?
Equipment finance usually falls into two categories: Lease Finance and Hire Purchase
Lease finance functions as a rental agreement, allowing you to deduct payments from company profits before tax calculations. This option often requires no initial deposit, and the monthly fee includes both interest and VAT. At the end of the term, you can continue leasing, return the equipment, or opt to purchase it for an additional fee.
This option typically requires an upfront payment of VAT and a larger initial deposit. At the end of the term, you have the option to own the asset through a nominal fee or a balloon payment.
Can Start-Ups Benefit from Equipment Finance?
Absolutely. Equipment finance is often more accessible for start-ups than traditional business loans. The asset itself secures the finance, reducing the lender's risk and making it a viable option for new businesses.
This is particularly beneficial for start-ups in sectors like commercial kitchens, gyms, construction, technology, and agriculture.
Contact us today for a personalised quote for your start-up business on 0116 389 3839
Ready to Unlock Your Business Potential?
Our specialists have the funding solutions you need.
Frequently Asked Questions
LEase finance - asset finance - EQUIPMENT LEASING - HIRE PURCHASE
Lease Finance is a financial arrangement that allows you to acquire the equipment you need without a hefty upfront cost. Instead, the cost is spread over manageable monthly payments, freeing up your capital for other business needs.
In a typical Lease Finance agreement, ELS purchases the asset you require and leases it to you for a predetermined period. You make monthly payments for the duration of the term, after which you have various options, including continuing the lease or purchasing the asset.
Lease Finance agreements usually last between 2 to 6 years. However, there are special cases where the term can extend up to 7 or even 10 years. The length of the term affects both your monthly payments and the total interest payable.
While buying outright eliminates interest costs, it also requires a significant initial investment. Lease Finance allows you to spread these costs over time, preserving your cash flow for operational expenses and potential growth opportunities.
From energy-efficient technology to office equipment, ELS offers Lease Finance solutions across a wide range of sectors. Whether you're in education, energy, or any other industry, we've got you covered.
Absolutely. Lease Finance is often more accessible for start-ups than traditional business loans. The asset itself serves as security, reducing the lender's risk and making it a more viable financing option.
Yes, Lease Finance payments can usually be deducted from company profits before calculating tax, offering you potential tax advantages.