As a cloud services provider, a reseller considering the transition or even a startup, finance could be the key to success
Enabling the cloud through essential finance
As cloud computing gains traction and more and more businesses migrate to subscription-based IT services, capital requirements and therefore financing for end users is becoming less of a concern. End users are now enjoying the benefits of paying for IT on a monthly basis, without having to worry about arranging finance. They simply sign a rental contract directly with the service provider.
However, the capital investment burden has shifted from the end user to the service provider. As service providers invest in the infrastructure necessary to deliver these services, greater strain is being felt on cash-flow, particularly as the up-front capital under the traditional reseller sales model is being replaced by a monthly income stream.
At IQ Finance we have developed products specifically aimed at service providers, which can not only fund these capital purchases, but can even enable funding of the contracts themselves, ensuring you have the finances necessary to align expenditure with income and make the transition from reseller to service provider.
In addition to financing hardware, software and services, we can also assist with the financing of data centre infrastructure.
This includes air conditioning, security systems, power supplies, cabling, racking and even building works.
Whether you provide SaaS, HaaS, IaaS or Managed Services, we also have the ability to finance these contracts by way of assignment of the client’s rentals to a bank or finance company.
We can review your existing contracts and suggest any changes that might be necessary to enable an automatic funding capability.
Is finance right for you?
Enabling cloud finance solutions through creative finance
Your cash flow doesn’t need to suffer
We offer capital free solutions
We work with providers in the cloud space
We help fill the funding gap
We’re the link between traditional business models & cloud based solutions
Talk to us to discover more or to set up a preliminary meeting
“We chose IQ Finance because they understand the complexities of our business, as well as our goals and the challenges we face.”
– Mark Fitchew, CEO of Next Connex
Businesses we've helped
Increasing capacity with tailored finance solutions.
EveryCity was a young, privately funded company and getting access to the finance that they needed via traditional channels was a struggle. However, IQ Finance we able to reach out to alternative lenders that complimented their growth plans and provided the single, large investment that they needed instead of purchasing in small multiples over a longer period of time.
Scaled growth through scaled leasing.
Born out of a structured cabling company just three years ago, Next Connex is one of the fastest growing national fibre optic carriers in the UK – specialising in high bandwidth and Data Centre connectivity. To continue with the plan to expand its network across the UK, Next Connex needed to purchase new network equipment. After meeting with a number of different suppliers, Next Connex decided upon equipment supplied by Huawei.
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