Leasing with Shire Leasing
We make it easier for businesses to access professional equipment without major upfront costs. TIECO Ltd works with Shire Leasing, a leading UK asset finance provider, to offer flexible leasing on orders from £1,000 upwards, typically over 2–5 years.
What is Equipment Leasing?
Leasing allows you to spread the cost of equipment over an agreed term rather than paying in full upfront. You get immediate access to the assets your operation needs while protecting cashflow.
Benefits of Leasing
Greater Choice
Access higher-spec equipment without capital constraints.
No Large Upfront Payment
Retain cash for staffing, marketing, and growth.
Potential Tax Efficiency
Lease rentals may be 100% deductible — speak to your accountant.
Predictable Monthly Costs
Fixed payments make budgeting straightforward.
Bank Facilities Unaffected
Leasing typically sits outside overdrafts and loans.
Upgrade Path
Options to renew or upgrade at the end of term.
Lease vs Cash Purchase
| Leasing | Purchase | |
|---|---|---|
| Upfront Cost | Low | High |
| Cashflow | Preserved | Reduced |
| Budgeting | Fixed payments | One-off expense |
| Credit Facilities | Unaffected | May be impacted |
How It Works
1. Get a Quote
Tailored to your budget.
Tailored to your budget.
2. Apply
Simple application via Shire Leasing.
Simple application via Shire Leasing.
3. Decision
Approval often within hours.
Approval often within hours.
4. Sign
Digital paperwork — no admin pain.
Digital paperwork — no admin pain.
5. Supply
Delivery. Then agreement begins.
Delivery. Then agreement begins.
What We Need to Get Your Shire Application Moving
To process a leasing quote and submit an application via Shire Online, please have the following details ready. For speed, it’s best to provide your company number where possible.
For New & Established Businesses
- Company name or company number (preferably the number)
- Contact number
- Amount (net)
- Equipment name (e.g. “Ironing Equipment”)
Additional Info for Startups
- Full name for all directors
- Home address history (last 3 years) for all directors
- Date of birth for all directors
We collect this only to support the finance application process.
Finance is available to UK limited companies and non-regulated business users only.
All leasing is subject to status and credit approval.
