A flexible loan can provide the injection of finance you need to purchase a crucial piece of equipment. We work closely with you and get to understand your business and how it operates – we won’t just look at the numbers, we’ll assess your application based on everything we’ve learned about your organisation. That’s why we have one of the highest acceptance rates on offer.

We’ll create a tailored finance option which allows you to spread the costs and manage repayments in a way which is affordable for you.

A flexible and easy to manage alternative to buying technology.
You will take effective ownership of the equipment and make regular lease rental payments. When the term expires you have three options:

• Return the asset
• Enter a new leasing agreement – perhaps with newer equipment
• Take full ownership of the asset with a nominal fee.

This option works well for investments of all sizes, but typical values are for purchases of more than £10,000. Businesses of all sizes can use this option to spread the costs of a system over the lease term. With technology advancing quickly, it also allows your business to upgrade to newer systems without shouldering the large initial outlay.

If you want to invest in IT, but can’t afford the upfront cost, hire-purchase could be the option for you. As the name implies you hire equipment over the course of a contract and have the option to purchase it at the end by paying a nominal fee. It is different from a loan because you will not own the car until you pay the fee at the end of the contract.

With an operating lease, ownership of the equipment lies with the lessor rather than you. Terms typically last for two or three years and you will make regular payments. It’s ideal for large investments with a value of more than £50,000.

The advantages are that you do not own the asset and so monthly payments are normally lower than for an equivalent finance lease. It does not appear on your balance sheet and can be treated as an operating expense which means you can claim it against tax. It’s a low risk and affordable way to
make large IT investments.