As Graham South of Itochu UK points out “There are a number of other benefits accruing from our approach. The customer can acquire equipment when they need it and not when the capital budget dictates. Furthermore, paying a fixed cost each month out of future revenues results in easy budgeting and acts as an inflation hedge, whilst leaving existing capital and credit lines intact to continue developing the business.
The lease rental is 100 % tax allowable, providing a tax efficient way to acquire equipment.
This soft landing approach was successfully used recently by Exception EMS when they were looking at investment in their third Takaya flying probe test system. Their new APT9411 system was acquired for Exception EMS’ Fastrack service using this facility.
Nepcon, G44
EPP Europe 415
