There is an increase in the amount of lease-financing arrangements being approved in the last 12 months, according to Eoin Gallagher, audit and accounting partner, HLB McKeogh Gallagher Ryan.
The primary benefit of leasing or hire purchase, he said, was that it benefited cash flow. ''The full cost of the asset does not have to be paid up-front, so businesses don't use up cash or have to borrow money. It allows them to control and deploy...
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