Leasing programme makes test purchases easy: News from Mr Test Equipment

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A new preferred leasing programme will provide a comprehensive, customised, flexible, suite of leasing and financing options to Mr Test Equipment clients who need flexibility in their test equipment purchases. 'Offering clients leasing options will increase clients' choice and available credit while still maintaining the highest level of service to our clients', said Stephen Hopkins, Director, Mr Test Equipment. 'When cash flow is an issue and/or if capital is limited, leasing can be an interesting alternative to an outright purchase'.

'Leasing can provide unique tax advantages, allow clients to utilise the most advanced equipment and lessen the cost burden'.

'It can also let clients obtain all of the test equipment they need immediately, at only a fraction of the cost of buying it'.

Within the programme, two general classes of leases are available: finance leases and operating leases.

For accounting purposes, finance leases are treated as purchases (included on the balance sheet and depreciated over the lifetime).

Alternatively, operating leases are treated as business expenses and tax deductible.

Depending on the clients' situation, both lease structures can offer unique advantages.

Mr Test Equipment is an international company, with offices and inventory around the globe (Canada, USA, UK, India, China and Australia), that specialises in buying and selling of previously owned (used and refurbished) electronic test and measurement equipment (oscilloscope, spectrum analyser, network analyser, signal generator, calibrator etc) from all major manufacturers.

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Leasing programme makes test purchases easy

A new preferred leasing programme will provide a comprehensive, customised, flexible, suite of leasing and financing options to clients who need flexibility in their test equipment purchases.