IT leasing – why consider it?
Our IT leasing solutions allow you to procure your IT hardware and offset capital expenditure. You can procure your IT hardware over a period of time with fixed outgoings on a monthly or quarterly basis. Furthermore, you can benefit from tax advantages (independent advice required) and put your business into a position of regular refresh cycle’s, ensuring your employees always get the latest technology.
IT leasing through baseMSP?
We have access to numerous finance partners who help us deliver IT finance solutions to all types of businesses.
We will manage the entire process for you, through to providing an agreement for your review. We explain clearly the benefits of each lease type so you can make a decision based on what is best for your circumstances.
Once agreed, our Finance partner releases funds to us within 48-72 hours of the agreement being signed, we can then order your hardware and deliver this directly to you.
Our network of IT leasing companies provides great choice
Support from your dedicated account manager
When you consider one of our IT leasing solutions, your dedicated account manager will be on hand to help you through every step. First off, they will assist by understanding your hardware requirements in order to give you a number of specifications to choose from.
Once hardware is finalised and the overall quote cost has been confirmed, your dedicated account manager will provide a comprehensive overview of the finance solutions available to you. (we do not provide financial advice, please seek independent advice).
Now we know what you wish to opt for, we will liaise with our finance partners to bring you the most competitive lease rates based on your credit check assessment.
IT Finance Lease and what it provides
A finance lease takes into consideration the full value of the assets you are purchasing and the price at which you are purchasing them for.
Through a finance lease, you have a structured and cost effective solution to pay for your investment over a certain period of time with fixed regular payments.
When you get to the end of your lease agreement, you will pay a peppercorn payment (indicated in your agreement), at which point the ownership of the assets is transferred from the finance provider to you.
IT Fair Market Value Lease and what it provides
A fair market value lease takes into consideration the full value of the assets you are purchasing and the price at which you are purchasing them for. However, through a fair market value lease, you will pay less than the outright total cost of ownership.
You pay less, as the finance provider will assess the assets and determine the residual value that remains, and subsequently can provide lower cost of ownership over the course of the finance term.
With a fair market value lease, you will return the assets at the end of the term, so future planning needs to be considered when replacing the returned items. It’s not uncommon that extensions are permitted to retain the assets for a longer period of time.