Product category:
Electrical Services
News Release from: Procuro | Subject: Lease Finance For Installations
Edited by the Buildingtalk Editorial
Team on 13 June 2003
Lease Finance For Installations
Procuro are now able to provide lease finance for highly intangible installations such as new factory power supplies, pipework installations, software, electrical installations and safety testing.
Nigel Morgan of Procuro says, "The advantage of leasing lies in the fact that lease payments can be offset against tax, meaning that payments are effectively discounted by the rate of corporation tax paid by the leaser This often means that leasers are able to spread payments over a long term, whilst paying less than the original capital amount nett of tax!" These lease agreements can be applied either to Procuro products and services, or to those supplied by others
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