| Savvy Retailers Tune into Finance Leasing Shop Fittings |
Specialist shop fitters CASCO are helping retailers finance new shop fittings by way of specialist leasing finance. The leasing option provides 100% tax relief throughout the term making it more cost effective than buying equipment outright. CASCO are recommending Johnson Reed, a company who are able to set up finance almost instantaneously, even when other lenders have failed. Thanks to CASCO, the ‘cat is out of the bag’ and more retailers are waking up to this lesser known, but more cost efficient method of financing new shop fittings.
Applications
can be approved within 4 hours when arranging a finance lease facility
with Johnson Reed. Arran Standing of Worthing Aquatics came up trumps
when Johnson Reed arranged lease finance for him. Arran is happy to
explain, “I was struggling to raise capital from another finance
company and from my bank. However, once I approached Johnson Reed
everything begun to move swimmingly. CASCO and Johnson Reed turned it
around amazingly quickly, the finance was soon in place and I was ready
to place an order for our fantastic installation”. The store now looks
brilliant with 9 new aquarium racks, 5 reptile display units and a
plant display.
Lease
rental is growing in popularity, as it’s the most tax efficient way to
spread payments for shop fittings. Leasing payments are classed as an
operating cost, which means greater tax advantages over outright
purchase. CASCO and Johnson Reed provide a win win partnership for
retailers who are quickly and cost effectively benefiting from top
class shop fittings without struggling to find the money. Unlike
traditional banks, a lease rental arrangement is able to fund 100% of
installation costs including shop fittings and refurbishment. When
shops are re-fitted by CASCO, the impact on business is so dynamic that
extra revenue quickly exceeds monthly leasing payments.
Johnson
Reed chooses from a variety of lenders who pay CASCO directly for the
goods and installation. The shop then pays a fixed payment over a fixed
period of time. With leasing (as with a car), the lender officially
holds the title of the goods until the end of the period, allowing the
client to derive maximum tax advantages. When the leasing period is
finished (e.g. after 3 years) there are options available so the shop
can acquire title for a nominal payment.
Johnson
Reed works with lenders who specialise in different areas. By matching
the right lender for the specific kind of equipment being financed, the
lender can be confident of selling the fittings to cover monies
outstanding if payments are not met.
Leasing
agreements with Johnson Reed are easy to apply for and fast to be
approved. The leasing option is totally independent and will not affect
existing bank or credit relationships. Monthly payments are fixed
making it easy to plan your budgets.
Worthing
Aquatics is just one of many business benefiting each year from new
display aquarium and animal housing from CASCO. Many other images of
CASCO products and installations can be found at the company’s website
www.casco-group.com. The company’s work ranges from installing a small
bank of tanks, right though to planning and building a fully fitted
25,000 sq foot retail area. For sales enquiries, prices and brochures
call 08450 60 99 60 (local rate).
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