Making water-saving technology more accessible
At Ecoprod we’re committed to helping organisations cut costs, conserve water and operate more sustainably. But we know that for many businesses the upfront cost of installing new water-saving equipment can feel like a barrier.
That’s why we’ve partnered with Tower Leasing, an experienced asset finance provider, to make our solutions easier to access. Through this partnership, Ecoprod customers can spread the cost of essential equipment over manageable monthly payments – meaning you don’t have to wait for next year’s budget to start saving water.
Lease finance provides businesses with the opportunity to acquire business critical equipment, without requiring significant capital investment. Unlike outright purchases, where businesses pay the full order value to the equipment supplier, lease finance involves pre-agreed rental payments made over an agreed period (usually between two to five years) to utilise the equipment.
This approach enables businesses to spread the cost of the equipment over time, allowing them to preserve cash flow and allocate funds for other essential business needs. By choosing to finance your equipment, you will be able to enjoy some fantastic benefits:
The benefits of financing
- Keep cash flow within the business rather than deploying it upfront.
- Get the equipment you want when you need it, not just when budgets allow.
- Enjoy 100% tax relief on the rentals payable.
- Pay monthly or quarterly payments over a chosen period of time rather than handing over one large lump sum.
- Keep up with the latest technology and trends by upgrading the equipment at anytime throughout the lease period.
- Structure your lease payments to suit your budgetary needs and allowances.
- Protect your existing credit lines by using leasing as an alternative funding facility.
What can be financed?
Our full range of water-saving products and services are available with tailored finance packages, including:
- Waterless urinals
- Low-flow taps
- Digital showers
- Smart water management systems
- Automated leak detection
These technologies deliver measurable water and cost savings. With finance, you can install them straight away and start enjoying the benefits immediately.
Net savings from day one
In some cases, the savings made on reduced water bills are actually greater than the monthly finance repayments. That means your organisation could see a net saving from day one. Instead of delaying investment until funds become available, you can take action now and improve both your environmental performance and your bottom line.
So how does leasing compare to cash purchase?
Lease vs Buy Example
Assumptions
Project Cost: £5,000
Lease Period: 3 Years
Frequency: Monthly
Company’s Tax Rate: 19%
| Year | Capital allowance | Tax relief |
| 1 | 18% of £5,000 = £900.00 | Less 19% = £171.00 |
| 2 | 18% of £4,100 = £738.00 | Less 19% = £140.22 |
| 3 | 18% of £3,362 = £605.00 | Less 19% = £114.95 |
Total tax relief: £426.17
Lease Rental (Company B)
| Year | Capital allowance | Tax relief |
| 1 | 12 rentals of £172.40 | Less 19% = £393.07 |
| 2 | 12 rentals of £172.40 | Less 19% = £393.07 |
| 3 | 12 rentals of £172.40 | Less 19% = £393.07 |
| Total tax relief: £1,179.21 |
*Corporation tax is calculated on a sliding scale from 19% to 25% depending on the company’s profitability. For simplicity, a tax rate of 19% has been used in this example.
Company B has chosen to lease its equipment and has gained an extra £753.04 in tax relief.
A bit about Tower Leasing
Tower Leasing Ltd has been operating in the asset finance industry since 1989. Throughout this time the organisation has built many strong relationships with equipment suppliers and businesses in need of equipment across the UK.
Tower takes care of the entire lease process to ensure suppliers and customers enjoy a simple and quick leasing experience. Along with strong connections with 20+ financial institutions, Tower has access to its own book funds making clearing customers for finance a simple process.
Take the next step
If you’ve been considering a water-saving upgrade but hesitating over budget, now is the perfect time to move forward. With Ecoprod and Tower Leasing, you can cut costs, conserve resources and make a positive impact straight away.
