Leasing and Finance

Ringtons Beverages for Business offer highly flexible payment options for coffee machines which can be taken over a 1 year to six-year period helping you budget and relieving cashflow. 

With fixed monthly, quarterly or annual payment plans available, we will work with you to provide a coffee machine which meets your needs at an affordable price and our lease deals don’t necessarily mean you will pay more for a machine.

Leasing is provided by a third party and subject to approval and acceptance from our underwriting team and following financial checks.

Example payment terms:

Equipment cost: £8,250

 Term: 3 years

36 monthly payments of 284.63

 Tax relief @ 21%

 

Lease rental:

Year

Monthly payments

Tax relief @ 21%

1

£284.63 x 12

£717.27

2

£284.63 x 12

£717.27

3

£284.63 x 12

£717.27

Total Tax Relief £2,151.81

 

Paying Cash:

Year

Monthly payments

Tax relief @ 21%

1

18% of £8,250 = £1,485.00

£311.85

2

18% of £6,765 = £1,217.70

£255.72

3

18% of £5,547.30 = £998.51

£209.69

Total Tax Relief £777.26

 

 NB: equipment costs and monthly payments assume vat should be added. The above are for example purposes only and tax relief is based on 21%.  Always seek advice from your accountant or financial advisor.

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