Significant working capital is often required for technology purchases. CompleteIT ™ now offers you a way to receive the benefits of the latest technology without a large upfront investment. What are Finance Options?

Finance options allow payments for technology purchases to be spread over the useful life of the equipment – giving businesses tax advantages and upgrade options. They allow you to obtain the technology you require for your office by spreading the payments over a term of 24, 36 or 48 months. You can rent or lease almost any new technology you require and therefore improve your business, without affecting working capital.

Renting vs Leasing

Leasing Technology Systems Leasing has higher monthly payments as the payments made increase your ownership of the leased product. The goods often have an agreed value for the end of a lease contract at which point the business will pay the difference and choose to either sell or keep the goods. Leasing options are usually best suited to businesses that are committed to ownership. Renting Technology Systems Under a rental arrangement, ownership of the goods does not transfer to the business and the payments can usually be treated as pure expense. At the end of a rental contract you can choose to either: You Purchase the rented products at a nominal value (usually 10-20% of the original price) you continue to rent the equipment or you Upgrade to a newer technology system, or you Simply return the goods.

Improve cash-flow

Finance options avoid high upfront payments that can cripple a business (cash-flow problems are known to be the most common cause of business financial difficulties).
Finance options allow you to spread out the payments for your technology, resulting in a low monthly charge for the useful life of your equipment.

Upgrade to Newer Technologies

Finance options also allow you to upgrade to newer equipment – even part way through a rental or lease agreement. This ensures that the latest technology is always available and that old systems do not hold the business back. In most cases, “trading up” only increases the monthly charges by a very small amount.

Taxation benefits

With finance options (and particularly rental arrangements), payments are usually fully tax deductible*. This provides significant savings over purchasing the equipment outright.

*Please consult with your taxation advisor. How to Finance Your Technology Systems CompleteIT ™ works closely with finance companies that specialise in financing technology equipment. We can provide you with a quotation for the monthly payment amounts if required.

However, you can also use a finance company that you have an existing relationship with – but be aware that some companies will not finance software or installation services. When financing systems, keep in mind that CompleteIT ™ still requires a deposit to be paid (as the finance is not transferred until after installation). This is refunded to you once the finance payment has settled.

CompleteIT ™ offers competitive leasing packages through the Flexirent Network. Many business people are now leasing their computers, IT and office equipment, they have realised the many benefits this method of payment can provide

It does not make sense to pay for a computer 3 years upfront...

INVEST in things that appreciate. RENT things that depreciate!

Renting your computer equipment via Flexirent allows you to spread the cost of using the equipment over your choice of terms: 24, 36 or 48 month terms. It provides an update path so that you always have the latest computer technology and office equipment that's right for your business.