Stradboke

In Stradbroke’s case it was their technicians’ vans. New vans would be cheaper to run and service than the old ones, and would also give a lift to their business profile. The company also wanted to upgrade its office fit out and furniture to improve workplace efficiency. Rather than use up their cash reserves, they decided to finance the vans and office fit out.

Stradbroke had also previously hired scissor lifts on an ad hoc basis. But when they landed a big project, they realised it could be more cost-effective to finance a scissor lift than hire it.

After initially talking to the bank, Stradbroke decided to go with The Leasing Centre. “The bank treats you like an account number because they don’t know you. But when I call our account manager at The Leasing Centre, he knows exactly who I am and where I’m from. I really appreciate the personalised service we get,” said Stradbroke’s Director, Andrew Wright.

“Of course it’s not only us at Stradbroke that The Leasing Centre is dealing with. It’s also the company we’re acquiring the equipment from. We’ve always had extremely good feedback from the suppliers about how easy it is to do business with The Leasing Centre.”

Then there’s the cash flow benefit. “Finance from The Leasing Centre is much better as far as cash flow is concerned because we don’t have to outlay a big capital expense. And every payment can be expensed immediately which is an advantage when it comes to tax,” Mr Wright said.

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