Products
We've partnered with many of the UK's top financial providers to offer an exceptional choice of products for flexibility, high performance and tax considerations.
Finance Lease - Greater ownership 
- Typical term: 2-5 years
- Typical value: £10k upwards
Available for small investments as well as larger agreements, this product is attractive to companies wanting slightly lower payments and greater ownership.
The asset appears on your balance sheet, as you take effective ownership. You can claim the lease rental against taxable income (but not the writing down allowances). At the end of the term, you can return the asset, enter a secondary rental period (usually for a 'peppercorn' amount) or elect to take title for a nominal fee. This can be agreed in advance.
Operating Lease - Off balance sheet
- Typical term: 1-3 years
- Typical value: £100k upwards
This product gives you tax advantages, cost savings and reduced risks. Lease rental includes VAT and can be treated as an operating expense - so it's allowable against taxable income. The asset doesn't need to appear on your balance sheet.
The lessor still owns the asset, so this helps reduce your monthly payments and removes the risk of you owning outdated equipment in the long-term. At the end of the agreement, you can return the kit for free disposal - or arrange an extension, usually on highly favourable terms and ultimately often for a modest 'peppercorn' rent.
Payment Plan - Maximum flexibility
- Typical term: 3 years
- Typical value: £25k upwards
Similar to an unsecured loan, this product provides the funds you need: either to the IT vendor, or direct to you in full, if required. Whatever you purchase belongs to you.
The funding isn't tied to a fixed asset, so it's ideal if you want to make broader IT investments in areas such as services, training and maintenance. Spending appears on your balance sheet accordingly. The interest you pay can be claimed against your taxable income.
Lease/Hire Purchase - Traditional agreement
Typical term: £2-5 years
Typical value: £10k upwards
This familiar product is a straight-forward purchase agreement, with ownership of the asset passing to you at the end of the agreement for a nominal fee (usually £50).
VAT is payable up-front on the purchase price of the goods. The asset is shown on balance sheet and you write down allowances in the usual way. The interest element of each agreement can be offset against your taxable income.
Tailor your product with our services or contact us today