GMGK have teamed up with First Capital Finance to provide leasing for our catering equipment. First Capital Finance are a leading independent provider of asset finance within the catering and hospitality sector. They have a large panel of funders which enables them to offer very competitive finance & leasing options to ensure the optimum finance package is arranged for our customers
Benefits of leasing?
100% tax efficient – payments for your leased equipment are tax allowable as they are seen as ‘operating costs’ and therefore reduce the taxable profit of the business by 100% of the charge, effectively reducing your Corporation Tax bill. We advise our customers to seek professional tax advice.
Buy high quality equipment now – you might think that cheap kitchen equipment is all that your business can currently afford right now, but in the long run that equipment could end up costing you more than just the initial outlay with extra maintenance bills. Leasing gives you the freedom to buy the industry leading brands you need now, whilst paying back the costs as your business grows.
Let your kitchen pay for itself – minimum capital outlay means your business can benefit from savings or additional profits immediately, covering future lease costs.
Improve cash flow – reduced financial burden on cash flow compared to outright purchase which means more funds are available for other operating costs.
Better financial planning – fixed monthly payments mean you will always know what your outgoings are and you can then plan for these accordingly.
Unsecured borrowing – the leased equipment is generally the only security necessary subject to individual application.
Renewing equipment – leasing your equipment over a set period of time means that you can decide whether to keep the equipment and the end of the term or renew the equipment if your business requires higher specification equipment due to business growth.
First Capital Finance Limited, Capital House 1084-1086 Christchurch Road, Bournemouth, Dorset BH7 6DT. Company reg no: 4092381. Finance facilities are only available to limited companies registered in the UK and are subject to underwriting and approval. Guarantees and indemnities may be required. First Capital Finance are authorised and regulated by the Financial Conduct Authority FCA: 679066