Finance for fit out

Leasing is a tax-efficient and cost-effective method of achieving your fit out goals whilst retaining cash in your business. It’s a very established form of finance for other business assets (for example company vehicles), but the benefits apply equally to commercial interior projects. 

You may not be aware aware you can lease an interiors/fit out project, but it’s a cost effective and tax efficient alternative to using cash or bank facilities. Offering customers a lease finance option could help turn more prospects into customers.

 The finance landscape is changing; businesses are moving away from traditional methods (bank loans & overdrafts) and increasingly using alternative finance options including leasing. Maximise cash flow – no large upfront payment Cash is the lifeblood of any business. Leasing means no large up-front payment so you keep the cash in your business, preserving liquidity and freeing up valuable working capital for use elsewhere. Fixed payments for accurate budgeting Unlike other methods of finance, payments are fixed for the duration of the lease period making budgeting more accurate, and eliminating unexpected variations such as increases in interest rates.

Tax advantages If you lease your furniture and fitout project, the repayments are 100% allowable against taxable profit. As the only method of finance offering these tax savings, leasing is the most tax efficient method of financing a fitout. For high tax paying organisations, it can offer significant savings. In some cases it can even work out cheaper than paying with cash!