Kennet Equipment Leasing
nick.hobday@kennet-leasing.co.uk | 01675 628745

Kennet Equipment Leasing

Use our interactive calculator to get an idea of the overall cost of leasing your equipment with finance from Kennet Equipment Leasing. Just enter your predicted equipment cost in to our lease calculator and we will instantly show you a typical example of the potential costs. Minimum lease orders over £1,000. Available on machines, refrigeration and specific goods to an order value over £1,000. 

Amount to Finance (ex VAT): £0
£
Please enter an amount between £1,000 and £50,000. For quotes outside these parameters please contact Nic Hobday for a bespoke quote.

Finance Example Over 2 Years
(excluding VAT)

Your monthly payment: £ -
Weekly equivalent: £ -
Total repayment:* £ -
Tax Relief @ 19%:* £ -
Net Cost Of Finance: £ -

1 + 23 Monthly Payments

Finance Example Over 3 Years
(excluding VAT)

Your monthly payment: £ -
Weekly equivalent: £ -
Total repayment:* £ -
Tax Relief @ 19%:* £ -
Net Cost Of Finance: £ -

1 + 35 Monthly Payments

Finance Example Over 5 Years
(excluding VAT)

Your monthly payment: £ -
Weekly equivalent: £ -
Total repayment:* £ -
Tax Relief @ 19%:* £ -
Net Cost Of Finance: £ -

1 + 59 Monthly Payments


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Your order might be applicable for tax relief. For tax advice please speak to your accountant.  

  • For public sector enquiries or for an accurate quotation, please request a callback.
  • The above calculations are for illustrative purposes only and does not constitute a formal quote or an offer. Final costs depend on underwriting and your business’s circumstances.
  • Leasing is available for Business Customers only.

*All payments shown are EXCLUDING VAT, subject to status/affordability checks and are based on businesses trading MORE than 3 years (Terms and conditions apply). A documentation fee will apply to your finance agreement, our typical documentation fee is £195 plus VAT (This may vary depending on which lender approves your application). Please pay full attention to the documentation fee on your finance agreement. Any tax relief is shown for illustration purposes only and are dependent on your circumstances. For tax advice, please  speak to your Accountant.

Kennet Equipment Leasing Limited act as both a credit broker and a lender, where we act as a credit broker we will inform you. When we act as a credit broker, we will not charge you a fee for our services directly, instead we receive a commission from the lender we place your finance with. Further details can be found in our Terms of Business document.

This quotation is valid for Limited Companies and Partnerships of 4 or more. For Small Partnerships & Sole Traders please contact us on 01675 628745 or click above for a callback.

Brakes Catering Equipment is authorised and regulated by the Financial Conduct Authority, FRN: 680147 as an authorised credit broker. Brakes Catering Equipment introduce business to Kennet Equipment Leasing Limited, who facilitate the finance. Kennet Equipment Leasing Limited is Authorised and regulated by the Financial Conduct Authority FRN 676024. Kennet Equipment Leasing Limited is an authorised Credit Broker and Lender. Kennet work with a panel of lenders.

Asset leasing and business equipment financing explained
Equipment finance is typically provided by way of a Leasing agreement or Hire Purchase facility. This enables you and your business to invest in vital equipment with the cost of the investment made more affordable through monthly or quarterly payments appropriate to the asset type and needs of your business.

What is a Hire Purchase?
Hire purchase is a form of finance that can be used to buy new or used equipment. You essentially hire the asset over the contract period and once the facility has been paid off, you are the legal owner of the asset.

Benefits of Hire Purchase:

  • Rather than one large sum, you can spread the cost over a 2 to 5 year period.
  • Makes larger more expensive assets more affordable to the business.
  • Flexibility. You can choose a fixed term and deposit that suits you.
  • As the hire purchaser, you’ll own the asset after paying the option to purchase fee.
  • There are usually no taxes charges on Hire Purchase agreements.
  • Hire Purchase can be paid off early, depending on the customer.

Things to be mindful of:

  • Asset depreciation.
  • Non-payment could negatively affect the credit rating of the business and the guarantor and could result in the asset being re-possessed.

What is a Finance Lease?
Finance leasing enables the business to acquire the assets needed to maintain a business, without needing to buy the asset outright.

Benefits of Leasing:

  • Finance leases offer flexibility in terms of length of agreement, rental repayment profile and end of lease options.
  • Unlike making an outright purchase, you will retain cash within your business.
  • Effective financial planning. The lease repayment profile gives you confidence in being able to budget for the lifetime of the asset.
  • Tax advantages
  • Using the latest assets will ensure you remain competitive by keeping your costs low.
  • Fast turnaround times
  • Potential to carry on using the asset at the end of the lease period for a nominal payment, or you can look to upgrade the equipment with another lease.

Things to be mindful of:

  • The agreement is secured against the asset.
  • Non-payment could negatively affect the credit rating of the business and the guarantor.

This quote is valid for 30 days from the date of issue. After this date, the quote will expire and a new application will be required. Rates and terms are subject to change and cannot be guaranteed beyond the validity period.

 

If a new quote is generated for the same customer, any previously issued quote will automatically expire and will no longer be valid. The most recently issued quote will take precedence.