Product category:
Power Industry Process News
News Release from: Procuro
Edited by the Processingtalk Editorial
Team on 16 June 2003
Lease payments for less obvious
installations
Procuro are now able to provide lease finance for highly intangible installations such as new factory power supplies, pipework installations, software and electrical 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 even services such as electrical 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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