Equipment Finance enables commercial laundry businesses to keep the cash in their bank, rather than having to stump up one large payment.
We offer world renowned equipment that has been specially designed for both performance and reliability while complying with current regulations, this is fully supported by our unrivalled maintenance and breakdown coverage 365 days a year.
Financing options are available across a two, three, four or five-year term.
Tax relief 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.
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.
I’ve been dealing with MAG for over 13 years, I’ve used other suppliers in the past and I can honestly say you are in safe hands, both equipment quality and after-sales service are second to none.
We have a 97% approval with all new start businesses
At MAG equipment 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 period.
No capital outlay at all There is no deposit or lump sum to pay up front, making this as easy on your business’s 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.