Why lease equipment when I could purchase it outright?
Leasing means that your equipment works for you whilst you are paying for it, just like you pay for your employees - while the capital you didn't use can now be used to expand your business and make more profit.


When leasing, what happens to the equipment warranties and guarantees?
Warranties and guarantees remain unaffected by a lease agreement.


Can a lease be added to or settled?
To add to an existing lease or to settle an agreement is allowed, it requires a very simple process which can be completed in minutes.


My accountant tells me there are many drawbacks about financing equipment through my bank. Can you explain why?
You could find that interest suddenly rises making your payments more expensive than you imagined. Bank overdrafts or loans also eat into your available credit facilities. Bank facilities can also include a costly set-up charge. The bank normally requires additional security over your assets. None of the above applies to leasing and leasing is 100% tax deductible.


How do I know I will get the best price on the equipment I want?
You will negotiate your own best price with the vendor of your choice. Nationwide Corporate Finance only purchases the equipment that you have selected at the price you have agreed.


I've used other finance companies before and they were only interested in
amounts over £20k and had no idea what the equipment I wanted to finance
was (e.g. twin bag spiral mixer) so I was rejected. Why?
Most finance companies only consider deals with amounts over £20k an on that they are familiar with e.g. cars, vans and PC's. I am pleased to say that here at NCFPLC we can process any deal from £10k up to £1million and can process any equipment for use in your business.


Does the equipment have to be new?
No. We provide lease financing for used and/or new equipment, in fact we can even buy back equipment recently purchased for cash and lease it back to you to free up cash!


What about "software" and other "soft" costs in general like training,
installation etc?
We can provide up to 100% financing for "software only" leases. Our standard lease include allowances for costs like training, installation, initial maintenance and consultation fees.