Leasing for SMEs
FEXCO Asset Finance provides tailored leasing solutions for small to medium sized enterprises (SMEs) across Ireland. We specialise in funding across a variety of sectors, providing a flexible source of finance to keep your business growing.
Alleviate the hefty upfront costs of securing assetsApply Now
Or simply call us on:1890 800404
What is leasing?
Leasing gives you the full use of the asset over a fixed term without the burden of ownership. At the end of the lease agreement you have the options to enter into a secondary lease agreement, choose to sell the asset and retain the majority of the sale price or simply return the asset if no longer required.
Maintain Cash Flow
Leasing allows you to safeguard your cash flow and other credit lines facilitating predictable monthly expenses. With this clarity, you can budget more efficiently and use your working capital to develop long term plans for the growth of your business.
Small Initial Outlay
Unlike purchasing an asset outright, a lease contract provides your business quick access to new assets with only a small initial payment required up front.
Tailored Payment Schedule
Payments can be scheduled to correspond to your income schedule and reflect the needs of the business cash flow. We offer weekly, monthly, quarterly and annual payment options providing tailor-made repayment schedules that work for you.
Tax & VAT Benefits
In many cases, leasing provides businesses with a full deduction of lease payments against current earnings for tax purposes. VAT on lease rentals is also reclaimable when you are registered for VAT (there are some restrictions in the case of motor vehicles).
Is a rental agreement more suitable for your business?
A rental agreement is a flexible means of asset finance designed to accommodate off balance sheet lending where rentals are tax deductible. Rental agreements are also suitable for the financing of office equipment where maintenance payments can be collected on behalf of the equipment supplier enabling the client to have one single payment for all expenses incurred.
Benefits of a Rental Agreement:
- No capital outlay
- Off-balance sheet finance
- Rentals are tax deductible
- Cost effective
- Flexible form of finance
Buying or upgrading your business assets?
Fill in the details below and one of our leasing specialists will contact you to discuss your specific requirements.
Alternatively call us on 1890 800404 or email us.
Our Industry Expertise
Plant & Machinery
We provide finance for customers looking to purchase all types of new or used plant and machinery across industry sectors.
We provide various finance solutions for both new and used transport vehicles, including buses.
We look to support the manufacturing industry through providing finance for engineering, industrial, printing and recycling plants equipment.
We provide finance solutions for companies involved in the manufacturing of wind turbines, solar panels and biomass fuel systems.
We look to support the technology sector through provision of finance solutions for hardware technology and office services equipment.
We provide asset finance solutions to all categories of the medical industry to purchase medical equipment.
SBCI Funding Available
The SBCI (Strategic Banking Corporation of Ireland) is an Euro/Ireland initiative designed to provide strategic funding for SME’s in Ireland. FEXCO Asset Finance, in partnership with the SCBI, can offer funding at a competitive discounted rate.Learn More
Our Asset Finance Team
Our experienced team understand the needs of businesses both large and small and we are available to discuss the various flexible funding solutions on offer from FEXCO Asset Finance. We know that asset finance has the power and flexibility to release the locked in value that your business needs to keep moving.Find Out More