When it comes to commercial finance, many business owners think of trade financing or equipment financing (leasing and hire purchase). But most are unaware that I.T financing is also an option for companies coming up against cash flow problems.
Financing and leasing for business assets such as an I.T network is a cost-effective way for small businesses or growing businesses looking to expand facilities without huge forward payments. And today, more and more finance companies are able to provide funding for information technology needs, as well as order financing and equipment leasing.
To find out more about what how I.T leasing works, visit the Maxxia UK website – or take a look at the top 5 benefits of I.T financing below.
Get the Funding You Need
Protect your cash flow and get the funding required to implement a robust I.T infrastructure for your business. Start-ups often find it difficult to source the amount of funding they need to make those necessary steps required in order to expand. But I.T financing can help you get this in place without the initial outlay.
Spread the Cost Over a Manageable Period
I.T financing can make much more financial sense than investing in your own I.T products because it can break down the cost over a period of months. So you will never have a large financial outlay and you will have flexibility which allows you to cancel, renew or upgrade once your contract is over.
Flexible Usage and Upgrading
Information technology is a high turnover industry with new advances in technology all the time, making it extremely suitable for leasing. Leasing means that you are not tied down to making a purchase and can upgrade at any point. This flexible approach is ideal for the small to medium enterprise which cannot afford to make expensive commitments and foot the bill of upgrades every few years.
Accessible Technology for All
If you want access to the latest technology and get the most advanced, robust and scalable I.T infrastructure, I.T leasing can make this affordable for you. Financing means that companies of all shapes and sizes can get access to the best assets without large upfront costs.
Better Efficiency for Your Company
Everyone wants a robust infrastructure with reduced downtime and efficient I.T support; a high performance I.T network will help to boost the efficiency within your business and help to increase productivity – and leasing makes this possible for businesses of all sizes.