Financial Services

Select a Finance Option

Operating Lease

A flexible operating lease from our Global Finance Provider allows for the use of an asset, but the lease term is short compared to the useful life of the asset/equipment.

What is an Operating Lease?

An operating lease (also known as a fair market value lease) enables our customers to replace and upgrade their equipment without the risk of it losing its value or becoming obsolete. An operating lease allows for the use of an asset, but the lease term is short compared to the useful life of the asset. As a result, we take a residual value on the asset meaning the sum of the rentals will be typically less than the original capital cost.

At the end of the lease you can either:

• Hand the equipment back and upgrade to the latest technology
• Extend the lease period for continued use of the current equipment

What assets are typically funded via an operating lease?

• Desktops
• Laptops
• Tablets
• Mobile Phones
• Servers
• Storage
• Network Infrastructure
• Printers

Advantages of Leasing It Assets & Equipment

• The sum of the rentals within an operating lease will typically be less than the original capital cost
• Usually results in the lowest payment of any financing alternative and is an excellent strategy for capital budgeting constraints
• Provides fixed known costs throughout the contract period
• Flexibility to upgrade to new equipment as required or to terminate the agreement early
• The option to hand the equipment back at the end of the term or to continue to use it for a secondary period
• Fixed payments - improve budgetary and planning certainty

Finance Lease

A finance lease is typically a full pay-out agreement, meaning that the sum of the rentals includes the full capital cost of the equipment plus the interest accrued.

What is a Finance Lease?

A finance lease is typically a full pay-out agreement; this means that the sum of the rentals includes the full capital cost of the equipment, plus the interest accrued. A finance lease allows for the payments to be spread over the lease term, while also providing flexibility at the end of the contract.

At the end of the lease you can either:

• Hand the equipment back and upgrade to the latest technology
• Extend the lease period for continued use of the current equipment

Ownership options may be available once the lease has been terminated, at the end of the minimum period

What assets are typically funded via a finance lease?

• Desktops
• Laptops
• Tablets
• Mobile Phones
• Servers
• Storage
• Network Infrastructure
• Printers

Advantages of Leasing It Assets & Equipment

• The most suitable solution for procuring long life, low tech assets
• Allows for extended use of the equipment for a nominal sum
• Gives the flexibility to upgrade the equipment during or at the end of the lease agreement
• Enables you to to decide what you want to do with the equipment at the end of the lease. Therefore allowing you to control the upgrade cycle
• Fixed payments - improve budgetary and planning certainty

Sale and Leaseback

Our simple process gives your business cash for your existing IT, Industrial and Healthcare assets and immediately provides you with strong budget and refresh information.

Benefit From Switching To A Structured Leasing Model

We can offer a sale and leaseback of your assets, which allows you to raise capital by selling your existing IT, industrial or healthcare assets to our Global Finance Provider. How can this solution benefit your business exactly? Well, this programme presents your organisation with an influx of cash while you retain all the benefits of usage, yet transfer the risk of ownership and disposal of the assets to us. There is zero disruption to you, no need to retrain staff on new equipment all while providing you with additional capital budget.

If your assets are less than 4 months old, we promise to pay you the original purchase price, if they are older than 4 months, we promise to pay the equivalent net book value of the assets.

Benefits At A Glance

• Removes the costs and risks of ownership of assets that were previously capital investments
• Creates additional capital budget based on currently owned assets
• Alignment of depreciation, usage and useful life
• Generate cash
• Accelerate future projects
• Clear projection of budget with a linear rental stream
• Non-disruptive
• Portfolio transparency through our asset management system, TESMA®
• Provides fixed known costs throughout the term

Staying One Step Ahead

In today's world, the latest gadget, invention or technological advancement always appears to be on the horizon. By utilising our sale and leaseback of assets solution, you can take advantage of our lifecycle refresh programme, ensuring your technology estate is always up to date. Furthermore, by utilising a leasing schedule, the sum of rentals will usually be lower than the capital cost of the equipment, ensuring you've not only got the latest assets but also affordability.

Deferred Payments

We can provide solutions for customers that do not have the required capital or revenue budgets for the current financial year but require an urgent supply of equipment.

What is a Deferred Payment solution?

Quite simply, our deferred payment solution provides you with your IT, industrial or healthcare equipment immediately, but the start date of the payments will be in the future.

• A structured agreement can enable customers to acquire equipment today and defer payments in line with budgets
• A deferred payment lease solution is available with an FMV lease, finance lease or sale and leaseback solution
• During a deferral period, we will ensure that supplier invoices are settled on-time and in full (upon agreement and sign off by the customer)

Deferred Payments Advantages

• Instant access to the latest IT, industrial or healthcare equipment without the upfront costs
• Free up budget for other investments
• Provides you with the technology you need today, but with rentals deferred in-line with customer budgets