Financing office furniture, a refurbishment, a refit or a relocation

How can business leasing or finance overcome tight office refurb budgets?

For businesses moving or refurbishing existing space, budgets are often tight and limitations can result in projects being downsized or downgraded.

Leasing is therefore an ideal way to overcome budget issues as payments are fixed for the period and it helps you budget effectively and manage your cash-flow efficiently.

Space-pod works with the UK’s leading finance company in the financing office furniture and fit-out market and together we specialise in arranging leasing for customers buying office furniture and refurbishing their working environments.

What are the benefits of financing office furniture, a refurbishment or fit out?

The benefits of financing or leasing for businesses:

  • Easier budgeting
  • Management of cash-flow
  • Flexibility to add to the lease as necessary
  • Conserves capital and preserves existing borrowing power
  • Rentals are 100% tax allowable, which means leasing can work out cheaper than paying cash!
  • Payments come from a revenue budget as opposed to a capital budget
  • Include all costs of an office re-fit in one easy monthly payment

Our packages for financing office furniture can include ALL aspects of an office refurbishment, allowing one easy monthly payment for the entire project. We have significant experience in providing leasing solutions in this manner, and as such have a detailed understanding of the marketplace.

What does a specialist office furniture leasing package include?

A typically specialist leasing package may include the following:

  • Desks
  • Storage
  • Air conditioning
  • Audio visual
  • Partitioning
  • Cabling
  • Carpets
  • Electrics (including lighting)

Most businesses understand the benefits of refurbishing or refitting their working environments – the positive influence on staff morale, productivity and loyalty are well documented. However, the cost of a professional design and build project can often result in it being postponed or significantly downgraded.

“Leasing or financing office furniture offers a cost-effective way of spreading the cost over any period up to five years, which means the project can go ahead immediately but without the up-front capital expenditure”.

Why work with space-pod?

We work with the UK’s market leader in finance for furniture and interiors

  • We provide specialised finance packages to include all aspects of an office refurbishment
  • We will supply clear documentation with contracts regulated by the Office of Fair Trading
  • We only use Ethical business practices
  • We provide flexible finance terms from 1 – 5 years

What are the advantages of leasing?


If you pay for the furniture and refurbishment of your building from your cash-flow, only a limited percentage is allowable for tax purposes. Because of the ‘intangible’ elements, the Revenue only allows you to claim capital allowances against approximately 65% of the project. 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!


Make the most of your budget by spreading the cost over 2, 3, 4 or 5 years and acquire the solution that meets your needs, rather than that which your budget dictates. You can pay monthly, quarterly or annually, from your Revenue Budget, to suit you.


Lease payments are fixed for the period allowing you to budget for one easy monthly or quarterly payment for your total office solution.


Other lines of credit from your bank remain intact for alternate credit needs. In addition to which, leasing is far more cost effective than bank borrowing as loan payments do not attract 100% allowances.


You can add to your existing lease at any point during the term. You can either extend the term and keep the payments the same, or simply increase the payments and keep the end date the same. At the end of the lease period you have two choices:

  1. Continue to rent the installation at small monthly charge, or
  2. Negotiate ownership of the installation via a third party for a nominal charge.

A leasing/financing example

A typical example for a project of £50,000 value would be as follows:
Term        Payable     Monthly Rental
3 Years     Monthly    £1,644.50 plus VAT
5 Years     Monthly    £1,100.00 plus VAT
The rates used are for guideline purposes only

Subject to status. The terms set out above are given solely upon the understanding that they do not constitute any part of an offer or a contract, but are merely an invitation to treat. Monthly rentals provided based on an assumption of three rental payments up front. Subject to a one-off administration charge.