Computer Financing via Rental

Active Technology offers highly competitive leasing options as an alternative to outright purchase of computer equipment and installations.  Without the problem of finding large capital sums to purchase new equipment, it will make you wonder why you haven't updated your computers already!

Typically, the cost is spread out over three years, but it can be varied to suit your needs, as well as paid off early or extended if needed.  The option to own the equipment for a nominal sum when the lease ends is yours to take if you choose... alternatively, continue the payments and we will replace the entire system with brand new upgraded equipment!

Why use systems rental options?

Avoid Obsolescence

By using our rental facility, you will have an option included in your contract to add, replace or upgrade your equipment with potentially no increase in the rental cost.  This provides significantly more options as your company grows or technology changes.

Reduced Impact on Cash

By financing equipment via the rental option, the cost of the equipment is spread over several years removing the need to make a large capital outlay as soon as the equipment is installed.  This enables the solution to ‘pay for itself’, and gives you the option to choose a more suitable, higher cost solution with less impact on your cash flow.

In addition, unlike most other forms of payment, rental facilities attract VAT with each repayment as opposed to requiring the VAT to be paid in one lump sum, immediately.  This further reduces the initial impact on cash flow.

Rental repayments are classed as a ‘Revenue Expense’

Our rental contracts are worded so that the repayments can be classed as a Revenue Expense (subject to auditor approval).  This not only provides a potential acceleration of tax relief, but also removes the need to capitalise the item, and borrowing, on the balance sheet.

Fixed Repayments

Unlike a normal bank facility, the repayments stated on a rental contract are fixed for the duration of the contract.  This enables a company to precisely calculate its future budgeted costs.

Additional Credit Facility

The rental agreement falls outside the customers existing lines of credit, leaving these available for other uses.

Finance the whole solution

We can include all intangible elements of a solution in the rental contract, such as software, training and installation.  In addition, we can arrange software only finance.

No additional security required

The equipment is the only security needed for a rental contract.  Your collateral remains untouched which means you can use your collateral against future expansion or challenges facing your company.

Simple documentation

The rental contracts we provide are simple and easy to understand.  A standard contract is just a single page, and can be e-mailed to you to avoid any unnecessary delays.

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