UK customers only - Terms apply
We understand the importance of being able to get the best equipment when you need it, however sometimes budget and CAPEX can be an issue. This is why we now offer leasing options which allow you to get the equipment you need sooner and spread the cost of your payments over a number of years.
There are also attractive tax relief benefits to be made when you lease your equipment rather than buying it outright.
Find out more below and get in touch with us if you have any questions.
Have the equipment now - By making monthly payments, you can obtain the equipment that could benefit your company sooner, rather than waiting and saving to make a large capital outlay.
Quicker return on investment - As you are only paying a monthly rental, you benefit a lot sooner from your investment, sometimes within months, not years.
Tailored Agreements - You choose the length of the finance agreement that best suits you and your needs.
Easy Budgeting - Pay monthly instalments, suitable for your business needs.
Great Tax Relief - The lease rental payments you make will lower the amount of corporation tax you pay at the end of your financial year.
Keep Cash Flow Intact - As monthly repayments are being made, instead of a large capital outlay, your cash flow is less impacted and could be used to invest in your other areas of your business or for items that cannot be financed.
Finance Decisions Made in Hours - No need to wait weeks to see if you are accepted for finance, we can tell you within hours and the sooner you can act, the sooner your business benefits.
Simple Agreements - Our finance agreements are simple to complete and can be completed electronically to help you have the equipment you need sooner, not later.
Here to Support - Help is only a phone call or email away. Seaward are always here for you and if you have any questions about our leasing options we want to hear from you.
The following examples are based on a purchase to the value of £5,000
Weekly payments | £62.39 |
First payment | £270.35 |
23 monthly payments | £270.35 |
Total cost | £6,488.40 |
Tax relief at 19% | £1,232.80 |
Net cost of finance | £5,255.60 |
Weekly payments | £45.55 |
First payment | £197.40 |
35 monthly payments | £197.40 |
Total cost | £7,106.40 |
Tax relief at 19% | £1,350.22 |
Net cost of finance | £5,756.18 |
Weekly payments | £37.70 |
First payment | £161.65 |
47 monthly payments | £161.65 |
Total cost | £7,759.20 |
Tax relief at 19% | £1,474.25 |
Net cost of finance | £6,284.95 |
Weekly payments | £32.47 |
First payment | £140.70 |
59 monthly payments | £140.70 |
Total cost | £8,442.00 |
Tax relief at 19% | £1,603.98 |
Net cost of finance | £6,838.02 |
Lease finance agreements have long been considered a smarter way to invest in assets. One of the main reasons for doing so is the tax relief businesses can receive. The below figures demonstrates the tax relief comparisons between lease rental and cash purchase. We have used a writing down allowance of 18% for the Outright Purchase Tax Relief example.
Duration of Agreement | Relief Value |
2 Years | £1,352.13 |
3 Years | £1,418.34 |
4 Years | £1,486.74 |
5 Years | £1,556.78 |
Duration of Ownership | Relief Value |
2 Years | £373.46 |
3 Years | £511.44 |
4 Years | £624.58 |
5 Years | £717.36 |
If you would like to find out more about our leasing options please get in touch by clicking on the button below, we'd love to hear from you and discuss how we can help you make the purchase of your equipment more affordable.
Terms and conditions: Leasing options only available to UK customers and on purchases of over £1,000. Leasing and payment options are provided through Tower Leasing and payments will be made to them, not Seaward. Seaward reserve the right to withdraw this scheme at any time. Scheme subject to acceptance. Leasing options not available on PAT testing products as they are only available to purchase through our distribution network. Please contact us for full terms and conditions.
Sign up to our Newsletter.
Stay up to date with the latest industry and product news, as well as our free educational content such as webinars and our expert guides.
Close