Refurbishment and fitting out by Genus

 
Refurbishment and fitting out by Genus   genus Other refurbishments completed on time and budget by Genus

 

 

 

 

 

Project Finance.

Most people are unaware that a fitting out or refurbishment project can be fully leased, allowing considerable tax benefits. If required, we can negotiate flexible lease finance packages to spread the cost of commercial refurbishment or fitting out  projects.

Click here for a comparison example

Unlike leases of the past,  title reverts to you at the end of the lease period on payment of a small nominal sum.

Leasing - the plus points

  • Easier budgeting.

  • Management of cash flow.

  • Flexibility - add to the lease as necessary.

  • Conserves capital - preserves existing borrowing power.

  • 100% tax allowances against rentals

  • Payments come from revenue, not capital budgets.

  • Include all costs of an office re-fit into one easy monthly payment.

  • Title reverts to you at the end of the lease period.

Even if funds are available interest rates, which are now the lowest since January 1995, means that lease financing your project has never been a more viable option.

Now is the time to consider this type of funding.  And as important, because lease payments come out of revenue budgets they are 100% tax deductible, as opposed to what may only be 25% if purchases are made in any other manner.

On a typical fitting out project the savings can be considerable. For limited companies this would normally represent a saving on the contract value of between 15% and 20% -  but up to  30% for partnerships.  As important, leasing allows existing bank facilities to be left for other purposes.

We are happy to discuss funding options at an early stage of any project.  And, where financial constraints might otherwise delay a project, an effective funding package could allow you to benefit from new or refurbished premises straight away. Click here to find out more.

Genus Interiors: financing the future of working environments.