Garage Equipment Leasing & Finance

Garage equipment leasing & finance is one of our underwriters favourites; we often are able to facilitate garage equipment leasing & finance with no deposit over 36 or 60 months.

Johnson Reed’s garage equipment leasing facilities will help both new and established garages expand and replace equipment. We can even finance second hand and reconditioned garage equipment although this funding is normally capped at 36 months…

» If you sell equipment click here for guidance on how to offer garage equipment leasing to your clients.

Lease rentals are 100% deductible against taxable profits, just one of the reasons garage equipment leasing is so popular amongst the UK’s leading motor groups and MOT stations.

» How do I know garage equipment leasing will be tax efficient?

Weather you looking for MOT test equipment, automotive diagnostic equipment, and garage equipment lifts Johnson Reed can help with it all…

Products


  • Finance Lease
  • Hire / Lease Purchase
  • Operating Lease
  • Maintenance Inclusive Facilities
  • Sale and Leaseback
  • Software Only Schemes
  • Invoice Discounting

Benefits of leasing


  • Fixed monthly payment – plan your budgets with confidence
  • Immediate use of the equipment – obtain what the business needs today, without cash flow restrictions
  • Independent funding – will not affect any existing bank or credit relationships
  • Simple to arrange – finance can be available within 2 hours
  • 100% tax relief throughout the term – maximise tax advantages by leasing rather than outright purchase

How does the process work


Finalise kit specification with client
Johnson Reed to secure credit
Johnson Reed to provide invoicing instructions to reseller
Paperwork signed by client
Delivery arranged by reseller
Contract starts. Payment of invoice made upon authorisation of satisfactory delivery

Testimonials


“I contacted Johnson Reed when I was getting very frustrated with my inflexible Asset Financing arrangements through my main corporate bank. After a short time I had financed our equipment needs at our latest Costa Coffee. This allowed more of our cash reserves to be retained in the business and has resulted, even in the current financial climate, being able to plan for three more stores to be opened in the next 12 months. When we develop our next stores we will definitely be using Johnson Reed, at a much earlier stage, for our Asset Finance requirements.”

Simon Vardy, Managing Director
Costa Coffee (Sim Trava Limited)
www.northwestcoffee.co.uk


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