Finance Leasing
Many of our customers prefer to lease our products rather than pay for them outright. Subject to status, the value of your order can easily be converted to an affordable monthly rental, usually over three to five years.
Why should I lease?
There are many benefits to this approach:
- No deposit is necessary
- The cost of your finance lease is fixed at the time of purchase
- Qualified businesses are eligible for a 100% tax allowance
- There is no VAT up front
- Cash flow is improved
- For Maintained settings, leasing converts a capital expenditure into an operating expenditure, so your order is unhindered by internal capex or budgetary restrictions.
Your Account Manager can connect you to our preferred leasing partners to provide you with information and leasing quotations.
Enter the approximate value of your order into the leasing calculator below to estimate payment:
Monthly rental figures are indicative and subject to status and VAT.
FAQs
How does leasing Community Playthings equipment work?
It is a very simple process. Our leasing partner will make all the arrangements directly with you, and after the lease facility has been approved and you have agreed to the necessary paperwork, your new equipment will be delivered within two weeks (or later, if that suits you!)
How long does it take for a lease to be approved?
This varies as each case is treated on its own merits, but normally no longer than a couple of days.
Do I own the goods at the end of the lease?
Yes, however, the route to ownership varies depending on the lease type:
Private companies will own the goods once the lease expires. Our leasing partner can provide further guidance on this arrangement.
For Multi-Academy Trusts, ownership depends on the specific lease agreement that you choose. We advise consulting directly with our leasing partners to understand your options.
Maintained Schools can enter finance leases only if they do not own the goods once the lease ends. Upon completion of the lease, the school can pay a small, one-time fee to continue using the equipment indefinitely. Our leasing partners provide a fully-compliant leasing solution that allows Local Authority schools to access essential equipment without the initial large capital outlay.
Can I save tax on a lease agreement?
Yes. Private, profitable commercial enterprises can claim 100% tax relief on a finance lease. We advise you to discuss this with our leasing partners, who will provide you with information to share with your accountants.
I am a new private business; will I still qualify for leasing?
Yes, subject to status. Our leasing partners can confirm.
What period can I lease the goods for?
Normal lease periods are three to five years.
Can I estimate the leasing cost of furnishing a whole classroom?
Yes. Choose a sample room, note the subtotal cost, and enter it into the leasing calculator above.
How can I proceed with a Finance Lease?
Contact your Account Manager to put you in touch with our preferred leasing partner. Email sales@communityplaythings.co.uk or call 0800 387 457.
Who are your leasing partners?
Early Years Finance, part of System Rentals Ltd, is our preferred leasing partner, and we have worked with them since 2015. They have been providing lease solutions for businesses since 1987, and offer good, reliable “old-fashioned” service. Your account manager will help you determine the right leasing partner.
