One of the biggest problems affecting many businesses is the constantly evolving nature of IT equipment. Finding the money to keep up to date with the latest equipment or grow your business can be difficult. IT equipment financing can eliminate this issue and may be a good solution for your business needs.
Contact us if you need any help or advice with what solution would be best for your business. We would be more than happy to help.
| 1. Significant tax benefits
Rentals are 100% allowable against Corporation Tax. |
2. Totally flexible
You decide the rental term, payment frequency and deposit. You can even settle early or upgrade before the end of the agreement. |
| 3. Pay while you use it
Pay for the equipment as you use it, as opposed to all upfront. |
4. Preserve cash flow
Keep your cash in the business to spend on items with higher returns. |
| 5. Makes budgeting easier
Fixed repayments over the rental period makes budgeting and planning easier. |
6. Preserve existing lines of credit
Your existing credit lines remain unaffected. |
Intalect have partnered with WestWon Leasemaster Limited a leading asset finance and leasing company with over 40 years’ experience in the finance industry. Specialising in the IT sector, WestWon are passionate about helping businesses obtain the most up to date IT equipment, using finance and leasing options.
Having the most up to date IT equipment is essential. From the latest cloud technology, servers, computers and software, WestWon can provide:
| Lease Rental | Lease Purchase | |
| Term | Typically 1-5 years
Longer term assets (e.g. plant and machinery) often longer |
Typically 1-5 years
Longer term assets (e.g. plant and machinery) often longer |
| Capital Value | £1,000 – £10M+ | £1,000 – £10M+ |
| Repayment Frequency | Annually, Quarterly or Monthly | Annually, Quarterly or Monthly |
| Fixed or variable rates | Fixed | Fixed |
| VAT | On each payment | In full with first payment |
| Tax* | Fully deductible | Partially deductible
(equivalent to using cash) |
| Ownership | Finance company throughout | Client (subject to full payment) |
| End of the agreement | Equipment can be returned to WestWon or retained for a fee, known as an infinite rental | Equipment ownership automatically passes with the final payment for a nominal fee |
If you would like more information click here to view the WestWon finance page from which you can begin the enquiry process. You can also call them on 0116 243 8822 or email [email protected].
Alternatively you can contact us if you need any help or advice with what solution would be best for your business. We would be more than happy to help.
