Equipment leasing

Prefer not to take on debt for the equipment your business needs? Choose a lease and start benefiting straight away

Gisele McLellan

Everyone I spoke to were very friendly and helpful. I needed help quickly and they did just that professionally and swiftly.

Jan 7, 2025

Lee

We turned to Swoop for support with securing funding for our company’s expansion, and I’m thrilled to say they delivered above and beyond our expectations. From the very start, Adrian and Nichola were outstanding – professional, knowledgeable, and always willing to go the extra mile to help us achieve our goals. The process was seamless, with clear communication every step of the way. They took the time to understand our business, worked diligently to identify the best funding options, and ensured everything was in perfect order. Their expertise and guidance gave us the confidence to move forward and grow the business as planned. Thanks to Swoop, we now have the funding we need to take the next step in our journey. I can’t recommend them highly enough for any business looking for financial solutions. A massive thank you to the Swoop team for helping us turn our vision into a reality. I’ll definitely be returning when we take on our next stage of growth

Dec 17, 2024

Chris Palmer

We have used Elizabeth on 2 recent funding transactions. She is a star. Always checked in at end of day where things were at & updated me. Great customer service & would certainly recommend her. Thankyou Elizabeth.

Dec 12, 2024

Mike maur

It's been a pleasure dealing with Elizabeth, Def a Gem for her business. Amazing communicator and process dealing with all the paperwork was made easy and stress free. Keep it up !

Nov 28, 2024

Nasir Abbas Kazmi

I applied vehicle Finance through Swoop & lady Ikra help me from Beginning to end,she s very professional & helpful. Its just took 3 to 4 days & now i got new vehicle. I received Best customer services from Ikra & High recommend for this Swoop Finance.

Nov 26, 2024

Hazel Cuizon

Ayesha was very prompt and friendly to deal with and answered all my questions in a timely and professional manner. Very happy, highly recommend 🙂

Nov 24, 2024

Andrew Frazer

Cynthi was a fantastic help in organising what was needing and obtaining finance

Nov 8, 2024

Chris Skeates

Predrag and the Swoop team have been outstanding. Very attentive to our needs and staying on top of our funding request with their partners.

Oct 24, 2024

Leo Tsuo

Great experience. They quickly understood my needs and was fast to find a lender that met those needs. Highly recommend

Oct 22, 2024

Kash De Silva

I had a fantastic experience working with Elizabeth Tan for my business lending needs. She provided exceptional support and guidance, helping me navigate the process with ease. Her expertise and dedication were instrumental in taking my business to the next stage. I highly recommend her to anyone looking for lending assistance!

Oct 15, 2024

Equipment leasing is similar to a loan, however, the lender is the owner of the equipment and the business pays lease (or rent) payments to the owner of the equipment over an agreed upon term. Leasing differs from a loan in that it does not appear on your company balance sheet and the lease payments are deductible expenses on the income statement.

Leases can provide much needed flexibility and can be structured depending on the cash flow cycle of your business.

Why equipment leasing?

Tax benefits

For most lease programs, the business owner can write off the entire lease payment as a business expense, not just the interest paid. This means the entire amount paid for the equipment can be written off by deducting the monthly lease payments on the annual tax filing.

Stay efficient

Keep the business operating efficiently or meet increasing demand with the newest and most efficient tools.

Ease of application

Depending on the size of the equipment purchase; usually under £200,000 can be very quick and easy. Small ticket items are driven by the type and value of the equipment, as well as the credit quality of the business, usually resulting in a 24 to 48 hour application process.