Maintaining our commitment to our customers needs, Profile IT provides a comprehensive range of funding options for companies looking to make IT acquisitions.
We will tailor finance packages to suit your business:
- telecoms/networks
- IT equipment
- hardware
- software
- services and intangibles
Leasing
Allows you to use the asset throughout its useful working life without ultimately owning it. At the end of your lease agreement you have two attractive options, either continue to use the asset by simply paying nominal rentals, or sell it as our agent and benefit from a proportion of the sale proceeds. The rentals on a Finance Lease are 100% allowable against tax in most cases.
Summary
- Two attractive options at the end of the agreement
- ‘On balance sheet’ funding
- Tax allowance rentals
Hire purchase
A hire purchase agreement offers you the opportunity to own the asset at the end of the period. The agreement is secured on the asset being financed, so in the majority of cases, no additional security is required. In line with our flexible approach, repayments can be tailored to match your business needs - so you know exactly what you have to pay and when, allowing you to plan ahead and retain control. A hire purchase agreement usually enables you to claim Writing Down Allowances.
Summary
- Ultimate ownership
- Regular payments
- Claim Writing Down Allowances
To discuss the above and other ways to finance your IT equipment, please contact Profile IT on: 0121 778 6755.
- Download a PDF about our financial services (23kb)