CFG Furniture works in partnership with Plus Finance - the UK's market leader in offering finance packages to pub, club, hotel, restaurant, cafe, holiday park & cruise ship businesses buying contract furniture or refurbishing their working environments.
We want to offer our clients a cost effective alternative to using cash resources for a project. Leasing offers a number of significant benefits including:
Easier budgeting to suit your cashflow: Payments are fixed for the period which can be anything from 2 to 5 years.
Flexibility to add to the lease as necessary and include everything: If your requirements change during the period of the lease you can add contract furniture or any other office equipment to the agreement at any time.
Preserves existing borrowing power: Other lines of credit from your bank or other finance houses remain intact for other credit needs
Payments come from a revenue budget as opposed to a capital budget: Don't be restricted by capital budgets and make use of monthly revenue budgets.
Finance the total fitout and make use of the huge tax advantages.
If you pay for the contract furniture and refurbishment of your pub, club, hotel, restaurant, cafe, holiday park or cruise ship from your cashflow, only a limited percentage is allowable for tax purposes. However, if you lease the works, the repayments are 100% allowable unlike any other form of finance such as a bank loan. This 100% allowance on payments makes leasing the most tax efficient method of refurbishing a building and can WORK OUT CHEAPER THAN PAYING CASH!