"No business would dream of paying for an “asset” like an employee three years in advance, so why pay for your IT equipment upfront when your business is going to derive the benefits over the next 3 years"
Jeff Taylor, FD Manufacturing
When it comes to tax benefits, there is no doubt that you are significantly better off by choosing to lease. When you purchase outright, although you do get some tax relief, it is much less than the allowances you receive on a computer lease arrangement.
All computer rental payments are 100% allowable against tax, unlike other methods of acquisition, such as cash purchase for example, where only 25% of the price may be offset against tax in the first year.
Computer Leasing allows your business to get what it needs not what the capital budget will allow.
If you have a capital budget of £50,000 a year for three years, it is only possible for to purchase £50,000 of equipment each year. By using Compulease™, you can equip your business with over £135,000 of equipment right now
Compulease™ provides a complete range of flexible payment plans for your computer finance to suit your individual budgetary requirements and payments.
Agreements can be over a period of your choice, between one to seven years and repayments can be made monthly, quarterly, bi-annually or annually, which ever is most convenient for you.
The customer is never left with obsolete equipment as they can upgrade throughout the lease period to ensure they always have the very latest equipment.
Computer rental payments are fixed for the full period of the lease. This enables accurate forward budgeting and the luxury of paying for today’s equipment with tomorrow’s devalued money.
As the computer rentals are fixed for the term of the agreement which allows you to budget accurately your outgoings and avoid any unnecessary capital outlay
Bank and other loan arrangements remain intact because computer leasing preserves existing credit lines.
The very latest equipment can be obtained without utilising valuable working capital, thereby leaving money available for more profitable use within your business.
Capital equipment devalues quickly over time
Ties up your cash in equipment, restricting opportunity to invest elsewhere in your Business
Would a business dream of paying an employee three years salary in advance? No, they would pay for their employees on a monthly salary. Computer leasing works in the same way, allowing the customer to pay for the equipment as they use it
Immediate use of the equipment
Defer your payments and pay later with our "Deferred Payment" agreement
Technology refresh keeps you using the latest technology
Positive cash flow
Access to our personable customer support team
|£150,000 upfront cost
|Rentals £14,998 per qtr Payable over 12 quarters
|Year 1 £150,000 x 40% = £60,000
|Year 1 4 qtrs x £14,998 = £59,992
|Year 2 £90,000 x 25% = £22,500
|Year 2 4 qrts x £1,020 = £59,992
|Year 3 £67,500 x 25% = 16,875
|Year 3 4 qrts x £1,020 = £59,992
|Tax allowable expenditure after 3 years = £99,375
|Tax allowable expenditure after 3 years = £179,976
We can also provide a “software only” solution, so that you can take advantage of all the benefits even if there’s no hardware involved
The IT needs within any business environment are constantly changing and future demands are hard to predict. Increasing constraints on budgets also mean that financial resources need to be stretched even further.
As a result, businesses have to find new ways to get the most out of their budgets. The Compulease™ program provides a flexible and alternative approach to financing your entire IT requirement, enabling you to maintain, upgrade and build on your existing resources.
Your Compulease™ agreement is totally flexible and can be tailored to suit your specific budget profile. At any time after during your computer finance agreement, you may have more equipment without actually increasing your repayments.
The rapid rate at which technology develops and changes creates an ongoing problem for businesses. All too often they find themselves paying for outdated technology and whilst some attempted to overcome this issue by outright purchasing their equipment, many find that this places an unnecessary burden upon capital resources.
Compulease™ is the most cost-effective way to finance capital equipment and it has been designed specifically so that a company can equip itself with latest technology without incurring additional ongoing expense.
The Compulease™ plan allows a company to accurately budget its expenditure on IT as the rental remains constant throughout and the fact that the equipment can be updated throughout the agreement means that your business should always be equipped with the very latest technology.
When you update your computer equipment with Compulease™, you retain your original equipment FREE of charge, allowing you to re-deploy the original equipment as you see fit.
Your Compulease™ agreement is totally flexible and can be tailored to suit your specific budget profile. At any time during your agreement, you may have more equipment without actually increasing your repayments.