Maintaining our commitment to our customers needs, Profile IT provides a comprehensive range of funding options for companies looking to make IT acquisitions.
- telecoms/networks
- IT equipment
- hardware
- software
- services and intangibles
Leasing
This enables the use of an asset throughout its useful working life without ultimately owning it. At the end of the lease agreement two attractive options are available - either continue to use the asset, by simply paying nominal rentals, or sell it as our agent and benefit from a proportion of the sale proceeds. The rentals on a Finance Lease are 100% allowable against tax in most cases
Summary
- Two attractive options at the end of the agreement
- On balance sheet’ funding
- Tax allowance rentals
Hire Purchase
A hire purchase agreement offers the opportunity to own the asset at the end of the period. The agreement is secured on the asset being financed, so in the majority of cases, no additional security is required. In line with Profile IT’s flexible approach, repayments can be tailored to match your business needs – clearly stating exactly what needs to be paid and when – providing the opportunity to plan ahead and retain control. A hire purchase agreement usually enables a company to claim Writing Down Allowances.
Summary
- Ultimate ownership
- Regular payments
- Claim Writing Down Allowances
To discuss the above and other ways to finance your IT equipment, please contact Profile IT on: 0121 778 6755.
- Download a PDF about our financial services (23kb)