SCAFFOLDING LEASING DIVISION
Your company is growing, you are looking to expand but you are facing new challenges to fund your business? We are working with a number of scaffolding companies that are now switching from renting equipment to leasing it. The monthly payments are the same, but with lease agreements by Systems Finance, you get to keep the equipment at the end of the term. This is just one of the reasons why our scaffolding finance and leasing solutions can help your business grow.
A key challenges that scaffolding firms face is identifying which assets to lease and which ones to purchase outright. With a wealth of experience across the construction industry, we are confident we can assist and steer you in the right direction.
A famous quote by Oil baron Paul Getty – “If it appreciates, buy it. If it depreciates, lease it”.
Although this applies for all areas of business, we understand the construction industry relies heavily on plant materials which usually depreciate.
Lease these assets to get the value out of them as you pay for them across their useful lifespan.
The main area of the construction industry that we have had outstanding success in is the scaffolding industry. We have helped numerous scaffolding firms with scaffolding finance and working capital loans. This has helped them secure new jobs and take huge pressure off day-to-day cash flow.
Types of scaffolding finance options:
- Asset Finance – Tubes, Boards & vehicles
- Working capital – Immediate cash injections to the business
- Working capital – Immediate cash injections to the business
Finance options are available from 1-5 years with the majority of our customers selecting a 3-year option.
We understand that scaffolders will have a lot of their equipment already in use on various sites and urgently need more for another job to further grow the business. With our wide range of finance options and lenders we have readily available, we can deliver rapid turn arounds with the most attractive terms that work for your business.
Getting the right deal could be the deciding factor of whether your business thrives or just gets by. So, at Systems Finance we take time to understand our clients’ needs best suited to them.
For instance, when it comes to hire bill sometimes the client can benefit from switching their hire bill to a finance agreement. The reason for this is the customer with not only own the equipment at the end they will also be saving money due to lower monthly repayments with tax relief benefits.
Case Study Example
Tube & Board Rental – £6,500.00 + VAT p/m
Tube & Board Financed over 3YR – £3,500.00 + VAT p/m
Monthly Cost Saving – £3,000.00
Cost of Finance – £129,088.00 + VAT
