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Financing your IT projects

Keeping your IT systems up to date is crucial. By doing so you benefit from features of the latest systems to stay ahead of the competition. The problem is, you need to refresh your systems regularly to benefit from this and IT projects often require a significant capital outlay.

 

Key Benefits of a Rental Option

 
  • The monthly rental payments are treated as an operating expense and are 100% allowable against taxable profits making this one of the most efficient forms of funding available.

  • The payments will be fixed for the entire term to protect against adverse movements in UK interest rates and against the effects of inflation.

  • Additional equipment can be added at anytime without penalty.

  • At the end of the agreement you have the option to either renew the contract and replace the existing IT systems for new or pay a “one off” fee equivalent to one months payment to have ownership of the equipment indefinitely.
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