To help businesses cope with the current tough economic conditions, Airchannel Limited is launching PaySmart, a new way of financing a company’s compressed air needs. As well as new equipment, PaySmart covers the fitting of new pipework and ancillaries along with full installation.

Subject to the package selected, it is backed by a regular programme of maintenance and free on site breakdown cover with a four-hour response time. It allows customers to obtain the latest technology at a fixed cost that is spread equally over between three and five years, avoiding a high capital outlay, and benefits from full tax relief.

For example, an installation costing £6,000 could attract tax relief in excess of £2,000, based on the highest tax rate of 28%, over a three-year period with manageable monthly payments of £208.74. Figures exclude VAT.

At the end of the lease period, a customer has the option to buy the equipment outright, return it or exchange it for the latest technology under a new lease. There are no hidden costs.

Despite the pressure to cut expenditure, Alastair Shanks, managing director of Airchannel, warns that out of date equipment and a poor servicing regime results in higher overall running costs over a sustained period.

He says: “We recognise that many companies are facing increased pressure to reduce costs and find ways of improving efficiency within their operations.

“With PaySmart a business can have the best of both worlds. The latest compressed air solution and continuous long-term energy savings that will help a company manage costs now. It will also ensure that they are ready to take advantage of opportunities when the upturn occurs.”

The new service is the latest in a series of initiatives by the award winning company, which began with the introduction of a compressed air and pneumatics catalogue to provide one-stop solution for a wide range of related industrial products.

To find out more about PaySmart contact Martina Hasmandova at Airchannel on 0845 263 6826 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

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