Revolutionise your business with low monthly costs.
Business equipment finance and leasing.
We’ve partnered with leading finance providers to help you invest in the best launch monitors and simulators without tying up vital working capital. Our asset leasing and business equipment finance options give you the flexibility to preserve cash while keeping your business ahead of the competition.
Benefits of financing your equipment.
We offer flexible finance options to suit your needs. Choose Interest Bearing for lower monthly payments, Interest Free to spread the cost without extra charges, or Buy Now, Pay Later for ultimate flexibility. Whatever your budget, we make it easier to invest in your game.
Peace of mind
Pay monthly amounts that do not change throughout the term of the lease.
Invest in quality
Invest in the best quality launch monitor and simulator technology; as a quality golf professional, you owe it to yourself to invest in the best technology on the market!
Financial planning
Protect existing lines of credit and preserve cash flow for future business growth – save your cash and money in the bank for other investments.
Tax advantage
An opportunity for your business to achieve major tax benefits through the financing of your equipment through tax-efficient lease payments.
What finance options do I have?
Equipment finance is typically provided by way of a Leasing agreement or Hire Purchase facility.
This enables your business to invest in launch monitor technology and an indoor facility, with the cost of the investment made more affordable through monthly or quarterly payments.
Finance Lease
Essentially, Finance Leasing (or Lease Finance) enables your business (the lessee) to acquire the assets needed to maintain or grow the business, without needing to purchase the asset outright.
Benefits of Finance Leasing include:
- Finance Leases offer flexibility in terms of the length of agreement, rental repayment profile and end of lease options.
- Unlike making an outright purchase, you will retain cash within your business and not require possible overdraft facilities.
- The lease repayment profile gives you confidence in being able to budget for the lifetime of the asset, allowing effective financial planning.
- Tax advantages from offsetting payments against tax liabilities.
- Investing in the latest equipment assets will help ensure your business remains competitive by keeping costs low.
- Fast turnaround times.
- At the end of your lease, simply trade in and upgrade—no need to sell old equipment, ensuring your business stays up to date.
Things to be mindful of:
- The agreement is secured against the asset.
- Non-payment of a contract could negatively affect the credit rating of your business and the guarantor.
Hire Purchase
Hire Purchase (or Lease Purchase) lets your business finance new or used equipment by spreading payments over time. Once fully paid, you gain full ownership of the asset.
Benefits of Hire Purchase include:
- Larger and more expensive assets are made more affordable to your business, helping to preserve cash-flow.
- Flexibility to choose a fixed term and deposit that suits your business while accessing high-specification assets.
- As the hire purchaser, your business will own the asset and title to the equipment after payment of the final instalment.
- There are usually no taxes or charges on Hire Purchase agreements, and it is possible to claim capital allowances against tax.
- Hire Purchase agreements can be paid off early, depending on the customer and the contract.
- Lower interest than other funding options.
Things to be mindful of:
- VAT is paid upfront
- 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.
Take Control Of Your Business.
Simply fill in the form below to speak to a member of the team and discuss your options.
Frequently asked questions
Business leasing is available to UK limited companies only and is not available to individuals, sole traders, partnerships or other unincorporated businesses. All applications are subject to status, approval and the terms and conditions of Kennet Equipment Leasing Limited. We act solely as an introducer and do not provide leasing or finance.
Kennet Equipment Leasing Limited is an authorised and regulated by the Financial Conduct Authority as a Credit Broker and Lender, FRN 676024. Kennet works with a panel of lenders. All finance is subject to status and affordability. Terms and conditions apply.
We do not charge you a fee for our services. Whichever lender we introduce you to, Kennet will receive commission from them. Different lenders pay different commission amounts based on distinct commission models and varying interest amounts. For transparency, we work with the following commission models – either a fixed fee or fixed rate of commission, or a percentage of the amount you borrow or rate for risk (this is based on the risk profile of the proposal). For some commission models that we operate under, the more you pay to the funder, the more we may receive by way of commission. Where Kennet are acting as the lender, no external commission is received. We will always direct your proposal to the funder that offers the most appropriate customer outcome; if you are wanting to understand the amount of commission payable or commission model, please contact us.
Please note, we do not give tax, legal, regulatory, or accounting advice and you should seek your own independent advice before entering into an agreement.
