CCTV Watch Ireland

McDonald Group with flexifi

What could be easier than FlexiCommercial?

FlexiCommercial is a division of ASX listed company FlexiGroup Limited, working with businesses of all sizes to provide tailored and flexible finance solutions. FlexiGroup has been providing finance and payment solutions for commercial use for over 25 years.

We take pride in being more flexible easier to deal with than banks and other financial institutions.

Using our resources and vision, we aim to become an influencing factor in the growth and success of your business. You will deal with an experienced and friendly team that understands your business.

Apply for FlexiCommercial today

* Subject to exclusions. See product Terms & Conditions for full list of exclusions. If no End of Term option is selected, the agreement will default to a month-to-month arrangement until an End of Term option is selected. ** Tax deductions may apply. FlexiCommercial does not provide legal, tax, or accounting advice. See your tax advisor for details. FlexiCommercial is a consumer hire agreement as defined by the Consumer Credit Act, 1995 (as amended) and is subject to credit approval. Flexirent Ireland Limited CN316975.

Commercial Example

Commercial Example Quotes

Amount	Term	Monthly Lease Payment
€ 5,000.00	36	€ 158.75
€ 5,000.00	48	€ 127.30
€ 5,000.00	60	€ 108.50

€ 10,000.00	36	€ 303.80
€ 10,000.00	48	€ 243.10
€ 10,000.00	60	€ 215.66

€ 30,000.00	36	€ 911.40
€ 30,000.00	48	€ 721.50
€ 30,000.00	60	€ 646.99

Unlike some of our competitors in this market:

We do not apply additional or hidden charges.

Our term is as agreed. i.e. our 36 month term runs for only 36 months, our 60 month term runs for only 60 months.

As the products would be leased under an operating lease we need to also cover off the end of term arrangements. The product is purchased by Flexigroup at the start of the lease and leased to the buyer over the term.
At the end of this term the buyer has the option to make an offer to purchase if they want ownership transferred. This offer should be at market value at the time to comply with the terms of an operating lease.

Tax Benefits

A leasing agreement with FlexiCommercial is not just a great way to always have the latest equipment for your business – as it can deliver great tax benefits to your business too. *

With a leasing agreement, you can typically deduct the full cost of payments from your taxable income.

If you instead secure a loan from a bank or other financial institution to buy the same equipment, you can deduct only the interest portion of your repayments.

This can mean a difference of thousands of euro per year in what you can set against your tax liability – meaning big savings for your business where it matters most.

Other Tax Benefits

Depreciation – Where an asset is purchased outright, capital allowances may be available on the asset, usually at a rate of 12.5 per cent per annum over eight years for plant and machinery. Where the period of the lease is less than eight years, the lease will usually give a better result due to the availability of a greater tax deduction over a shorter period of time in that case.

VAT – Where a sole trader or company is not VAT registered or is exempt from VAT, it may be advantageous from a cash flow point of view to lease the asset. This allows VAT cost to be spread over the term of the lease as opposed to having to incur the full upfront VAT cost on the initial purchase of the asset where a loan is take out to acquire the asset.