Plant & Machinery

Why would you want to tie up valuable funds in assets that are depreciating? If your business is in need of additional plant and machinery, whether it be an excavator, telescopic handler or a JCB earthmover, it makes more commercial sense to lease.
 
Leasing allows you to buy the latest technology now with the option to either upgrade or buy the equipment for a nominal amount at the end of the lease term.
 
Each repayment is a "lease rental" and as such, you are allowed to write off each "rental" as a business expense – therefore reducing the tax you pay on your profits. Buying your equipment outright means you can only "write off" a percentage of the total cost – meaning that you could pay more tax than if you had leased!
 
Anglo Scottish can provide finance for standard plant and machinery whether it be new or used but we pride ourselves on arranging finance solutions for more difficult non-standard assets such as those used in highly specialised industries.
 
If you have any further questions or wish to discuss your Plant & Machinery Finance requirements, please ring us on 0845 11 11 070.