IT Finance Lease

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IT Finance leasing - all the benefits of ownership without the burdens

Financially and operationally, many companies have found that simply using or leasing IT (as opposed to owning it) enables them to preserve cash and credit lines, reduce costs, simplify budgeting, and speed implementation.

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IT Finance Lease
A Finance Lease agreement gives you the full use of hardware and software for an agreed period of time for an agreed periodic rental. It is a popular flexible method of funding IT products and services as it offers all the practical benefits of ownership without any of the potential burdens. Leasing enables you to adapt more quickly to changing competitive environments, and current e-business strategies underscore the importance of access to flexible and competitive financing options.

Benefits of Finance Leasing:
  • Flexible repayment structures give you immediate and full use of the IT solution for a minimal outlay
  • Rentals can be structured to reflect cash flow requirements
  • Fixed interest rate provides certainty of repayments and assists budgeting
  • Rentals can be offset against taxable profit
  • VAT is paid on the rentals not the purchase price
  • The lessor claims writing down allowances, and these are reflected in the rentals you pay
  • Retains exisiting credit lines and gives you a new source of credit for current and future needs
  • Can eliminate risks and costs associated with disposing of equipment at the end of their useful working life
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