Technology Rental Finance
Finance Solutions
Get your IT hardware for a fixed monthly cost per user.
Rental Finance
We offer rental finance solutions for all your IT hardware and software requirements. We will assist you with an easy application process, right through to delivery.
What is Rental Finance?
- We purchase the hardware and rent it to you for an agreed period, usually 36 months.
- It is an Opex model which is tax deductible. You do not need to bring the goods onto your balance sheet and depreciate them during the rental.
- At the end of the rental period you can return the goods or continue renting.
How long is a Rental Finance contract?
- The typical contract term is 36 months. However, we offer contract periods of 24-60 months.
How it works
- You complete a basic Credit Application
- We will assess your application within 2-4 days.
- Depending on the value of funding and the requirements of our credit team, we may request additional information such as Financial Statements, Management Accounts and Bank Statements.
- We send you a contract to sign.
- Delivery.
Requirement
- Your company should have been trading for at least 4 years. (Unless you are a subsidiary of a company that has)