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When it comes to acquiring essential equipment for your business, you may be considering the options between leasing and buying outright, which can have significant financial implications. While outright purchases require substantial capital investment, leasing offers a cost-effective alternative which doesn’t just help you spread costs—it also offers significant tax advantages that can improve your bottom line. We look at the tax benefits of leasing,...
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Equipment leasing (or finance) is a banking facility that allows businesses to acquire the latest technology or assets by renting the goods over a pre-agreed term, for a pre-agreed price, usually paid monthly, quarterly or annually. As opposed to purchasing the equipment outright using a company’s capital expenditure, leasing draws upon the company’s operating expenditure. This is traditionally referred to as Capex versus Opex. Leasing,...
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The ISDN and PSTN switch off, taking place in December 2025, will mark the biggest change in the telecoms sector for over 30 years. The plan will see the UK become ‘fully fibre’, with all copper-based connectivity switched off. In preparation for the 2025 deadline, all communication providers will be required to stop selling new supply of Wholesale Line Rental (WLR) from 5th September 2023....
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Leading technology and equipment finance providers, Lease Group, has announced the onboarding of its 1000th partner, as its channel solution sees a steady take-up of suppliers. Lease Group, a channel-only funding service for suppliers in telecoms, IT, AV and energy sectors, saw its partner-base double from 500 suppliers to 1,000 between the beginning of 2020 and the end of 2022. The funder, who runs a...
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A common scenario in any climate, but even more so today: Your customer wants your solution, but not at the price you are asking for. You’ve worked tirelessly to develop a market leading solution and you’ve readied your sales, operations and service delivery teams. Now all’s that’s left is to fill up the order books. But between vacant stares at your fancy sales wallboard and...
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