
Flexible options to suit your business.
We’ll tailor the service to the specific needs of your business – both technically and commercially.
- Full IT Estate – Hardware, Software, Warranties and Professional Services (Installation and Consultancy)
- Multiple terms – 1 to 5 years plus extensions
- Multiple payment frequencies – Monthly, Quarterly and Annually
- Multiple Finance types – Residual Value Lease and Finance Lease
- End of term options – Return equipment for complete refresh, keep equipment for a longer period or purchase equipment outright
What is the Process?
Easy as 1-2-3
FAQs
Residual Value Lease
RV (Residual Value) lease is a lease that does not define a fixed purchase price at the end of the lease term. Instead, the equipment may be purchased for the fair marketing value at the end of the term.
- RV leases are offered with the assumption that kit should be returned to the funder at the end of the agreed term but leaving the options flexible during the lease.
- RV leases help you manage capital costs due the assets second hand market value being used to offset some of the cost, at times making this a cheaper option than purchasing.
- Since you do not own the equipment, it does not appear on your company’s balance sheet, allowing you to deduct the monthly lease payments as an operating expense.
- A finance lease, in which a leasing company gives operating control of an asset to a business for an agreed period, typically at the end of the contract, the lessee will become the owner of the asset at the end of the lease for a nominal fee.
What are my options after 1-5 Years of Leasing the Equipment (RV Lease)
- Hand goods back at the end of the Primary Period
- Roll into a Secondary Period at the regular monthly/quarterly payment without time constraints.
- Option to a 12-month Extension Period at reduced rate and then retain use of the goods indefinitely
- Option to a 24-month Extension Period at further reduced rate and then retain use of the goods indefinitely
- Pay one off “Full Extension Fee” at end of Primary Period to retain use of goods indefinitely