At MAG Laundry Equipment we don’t just sell commercial laundry equipment, we also provide a leasing & rental service, which can be incredibly cost-efficient for businesses.
Leasing commercial laundry equipment enables businesses to keep the cash in their bank, rather than having to stump up one large payment. In addition to this, the lease-to-buy scheme is 100% tax efficient if you are VAT-registered.
And the best benefit is that at the end of the lease payment term, your business owns all the equipment which in turn becomes an asset.
Our lease plan is an unsecured form of borrowing and the only security required is the actual equipment. Financing options are available across a two, three, four or five year term.
Leasing business equipment is eligible for tax relief which can therefore reduce costs by around 20%. If a business had to take out a loan to pay for this equipment outright, this wouldn’t be tax deductible, so there are clear financial benefits here. Additionally, the lease contract is completely unsecured, so there is no risk to your property or business. The equipment itself is the only security that is necessary.
Fixed monthly payment plans
At MAG we offer a fixed monthly payment plan, with options to pay over a two, three, four or five year term. This allows businesses to plan out their monthly financial commitments, as well as spreading the VAT out across the payment plan too.
No capital outlay at all
There is no deposit or lump sum to pay upfront, making this as easy on your businesses finances as possible.
No inflation during payment term
Our payment plan is fixed until the end of the contract, which means there are no price increases or inflation increases at all. We want to offer you the best contract possible for peace of mind.
Maintenance and servicing included
Regular servicing and maintenance are included in our lease contracts to ensure your commercial washing machine equipment is kept in the best condition and is giving you the best performance possible.