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Affordable payment plans available to our business customers
The Benefits of Financing with UK Shredders:
UK Shredders has partnered with finance provider Tower Leasing Ltd to provide you with the option of a more affordable solution to suit your business needs.
By choosing to finance our products, you will be able to enjoy some fantastic benefits:
Keep cash flow within the business.
Get the equipment you want when you need it, not just when budgets allow.
Enjoy 100% tax relief rentals payable.
Pay weekly, monthly or quarterly payments over a chosen period of time rather than handing over one large lump sum.
Keep up with the latest technology by upgrading the equipment at any time throughout the lease period.
Structure your lease payments to suit your budgetary needs and allowances.
Protect your existing credit lines by using leasing as an alternative funding facility.
Lease v Buy Example:
On a machinery purchase worth £7,500 ex VAT, over 3 years.
Cash Purchase Lease Rental (quarterly payments in example)
Year Capital Allowance Tax Relief Capital Allowance Tax Relief
1 18% of £7,500 = £1,350 Less 21% = £283.50 4 rentals of £817.73 Less 21% = £686.89
2 18% of £6,150 = £232.47 Less 21% = £232.47 4 rentals of £817.73 Less 21% = £686.89
3 18% of £5,043 = £907 Less 21% = £190.47 4 rentals of £817.73 Less 21% = £686.89
Total Tax Relief:£702.44 Total Tax Relief:£2,060.67
The customer who chose to lease gained £1,358.23 in tax relief
The Lease Process
Step 1: You would like to lease some equipment?
UK-Shredders has a lease finance option in place.
Step 2: Quotation.
Tower will send you a lease quote clearly outlining set monthly/quarterly rental payments over a period of 2, 3, 4 or 5 years.
Step 3: Credit acceptance
If you would like to go ahead, Tower will take care of the credit clearance and administration.
Once Tower have cleared your business for credit you will receive your lease agreement.
Step 4: Your order will be processed
Once Tower has received your signed lease agreement the order will be processed.
Your lease agreement is activated and you begin to pay the monthly/quarterly payments over the chosen period.
A bit about Tower
Tower Leasing Ltd has been operating in the asset finance industry for over 28 years. Throughout this time the organisation has built many strong relationships with equipment suppliers and businesses in need of equipment across the UK.
Tower takes care of the entire lease process to ensure suppliers and customers enjoy a simple and quick leasing experience.
Along with strong connections with 20+ financial institutions Tower has access to its own book funds making clearing customers for finance a simple process.
UK Shredders will be working alongside Tower to provide you with an investment solution which will benefit your business greatly.