Under our hospitality and leisure specialism, we were recently pleased to provide a leasing fitout and finance for equipment for a new upscale health spa in the East Midlands.
The client was initially referred to us by a long-standing supplier connection, who in return was recommended for their attention to detail, quality products (many of which are manufactured in their own UK facility) and their long-standing commitment to the hospitality sector. Whilst they had significant cash to commit to the project, the customer was attracted by the tax and cashflow benefits of leasing equipment and aspects of the fitout.
Why leasing?
Leasing holds benefits which many are unaware of. Furthermore, many companies are wary of leasing due to the enigma that surrounds it. Little do they realise how much leasing can benefit the biggest of companies; regardless of how much capital they may have in the bank. Leasing allows these companies to conserve their existing cash and put it to use elsewhere in the business. Whilst easing cash flow pressures and leaving core funding lines intact.
Our dedication to leasing fitouts
In common with many fit out projects, this one involved stage payments, which are a barrier to many leasing companies. Fortunately, we have many years of experience in leasing fitouts. Our work with dedicated lenders allows us to offer several alternatives to accommodate deposits and stage payments. This makes the entire transaction more straight forward for both the supplier and customer. This is one of many ways in which our dedication to leasing fit outs works to help our clients.
In this case we provided leasing facilities for furniture and aspects of the fit out, however, we are equally comfortable leasing all forms of equipment in and around the premises which are critical to a hospitality and leisure business.
Our fitout leasing service has become increasingly popular post-lockdown. This is due to many companies taking the opportunity to improve and refresh facilities for their customers’ enjoyment. So, whether you are looking to start afresh or just giving your facilities a revamp; we can help fund your vision.
Our hospitality and leisure customers are both large and small companies leasing for a whole range of reasons. Please don’t hesitate to give us a call on 01494 422 614 if we can help with your office move or start up. Alternatively, email us on [email protected].
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