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Tower Leasing

Seaforth Refrigeration have partnered with finance provider, Tower Leasing Ltd, to provide you with the option to lease the best Catering Equipment for your business needs. By choosing to lease you will enjoy some fantastic benefits:

Tower Leasing Ltd has been operating in the asset finance industry for over 27 years. Throughout this time the organisation has built many strong relationships with equipment suppliers and businesses in need of equipment across the UK. Tower takes care of the entire lease process to ensure suppliers and customers enjoy a simple and quick leasing experience. Along with strong connections with 20+ financial institutions Tower has access to its own book funds making clearing customers for finance a simple process. Seaforth Refrigeration will be working alongside Tower to provide you with an investment solution which will benefit your business greatly.

Learn more about leasing

Contacts

Office 01753837082
Sam Buckley 07493020080
Email
Samuel@towerleasing.co.uk
So how does leasing compare to cash purchase?

Lease vs Buy Example
Assumptions:
Equipment Cost: £4,000, Lease Period: 3 Years
Frequency: Monthly, Company’s Tax Rate: 21%

Company A has chosen to lease its equipment and has gained £648.88 in tax relief.

  • Keep cash flow within the business
  • Get the fire protection equipment you want when you need it, not just when budgets allow
  • Enjoy 100% tax relief rentals payable
  • Pay monthly or quarterly payments over a chosen period of time rather than handing over one large lump sum
  • Keep up with the latest technology & solutions by upgrading the equipment at any time throughout the lease period
  • Structure your lease payments to suit your budgetary needs and allowances
  • Protect your existing credit lines by using leasing as an alternative funding facility
Year Capital Allowance Tax Relief
1 18% of £4,000 = £720.00 Less 21% = £151.20
2 18% of £3,280 = £590.40 Less 21% = £123.98
3 18% of £2,689.60 = £484.13 Less 21% = £101.67
Total tax relief £376.85
Year Capital Allowance Tax Relief
1 12 rentals of £135.68 Less 21% = £341.91
2 12 rentals of £135.68 Less 21% = £341.91
3 12 rentals of £135.68 Less 21% = £341.91
Total tax relief £1,025.73