WHAT CAN BE LEASED?
Virtually everything we sell provided the value is £1000 or more.
CAN SOFTWARE & INSTALLATION, TRAINING, MAINTENANCE
COSTS BE ABSORBED INTO THE FINANCE PACKAGE?
Most of the time yes, as long as it is all
ordered together with the equipment & software
WHO LEASES NOWADAYS?
Practically every sector of the British economy now takes advantage of leasing. Some 90% of
the FTSE 100 companies now lease much of their capital equipment particularly
IT tools that depreciate heavily and have no real resale value after 3 years.
You wouldn't pay your staff 3 years in advance, so why pay for communication and IT
tools that you will use over the same 3 year period. Keep your cash for other things.
HOW DOES LEASING DIFFER FROM RENTAL?
Long-term rental is never-ending whereas leasing is for a fixed term. Most of
VideoCentric’s leasing is for 36 months and after 33 months the customer is given three choices
(1) pay one extra month and take full ownership
(2) continue paying monthly fees for a new term and upgrade to new technology
(3) hand-back and end the agreement.
WILL THE FINANCE CHARGES PUT OFF MY F.D?
Our Finance Companies do need to make a profit to cover their costs and the risk they take
when lending money, so the finance charges are significant but also clearly defined.
However, for solutions of £7,000 or more, for Companies who pay corporation tax on
their profits (ie most successful corporate's, PLC's and Limited Companies),
the finance charges are less than the amount recoverable from the tax-man through
your accounting process. 19% of the value of the solution can be recovered meaning
that you will pay LESS for the solution if you lease it than if you buy it outright.
To answer the question therefore – will charges put off my
F. D. – no not if your FD wants to SAVE money!
WHAT ABOUT INTERNATIONAL LEASING?
Most leasing companies require that assets remain in the UK so that in the event
of default on a contract, the goods can be recovered.
For videoconferencing solutions this can sometimes inhibit global
deals where the benefits of reduced travel are at their greatest. The products
that VideoCentric can supply through leasing overseas is more limited than
UK-only deals, but we have now negotiated an international leasing deal which
will make this possible for most developed countries in the world.
Please contact us for more details.
WILL OUR LACK OF CASH AFFECT OUR ABILITY TO LEASE?
Lack of cash is the best reason to lease. Poor cashflow is the biggest factor in the failure
of small businesses yet videoconferencing efficiencies can help them out of the crisis.
Why part with precious cash when it makes less sense to do so?
Provided you have a good credit history, there is no reason to believe that our finance
partners will not make you an offer.
HOW MUCH CAN I FINANCE?
From £1,000 to £5m.
I WANT NEW BOARDROOM FURNITURE BUT CANNOT JUSTIFY IT AS IT HAS NO PERCEIVED RoI,
HOW CAN I FINANCE THIS AS WELL?
VideoCentric’s VideoConferencing Boardroom Furniture is complimented by a wide
range of credenzas, board tables, chairs, reception suites, cabinets, paneling which is
made to the very highest standards by quality craftsmen.
Many are adapted for use in VC suites and therefore can all be financed as part of the same package,
where Return on Investment is rapid and measurable.
HOW FLEXIBLE ARE VIDEOCENTRIC’S TERMS?
Standard illustrations are given as 3 year terms however we understand the need to address
different financial requirements and therefore we can tailor solutions to match your requirement,
from 2 years to 5 years.
DOES VIDEOCENTRIC OPERATE ITS OWN LEASE PLANS?
No, we work with agents who work to guidelines set down by the Finance and Leasing Association
and they in turn get us the best deals from over 20 finance houses to ensure we provide you with
highly competitive pricing and best value for money. Your confidential finance
data is not shared with VideoCentric staff, and all detailed discussion will
take place with a finance house directly.
WHAT TYPE OF BUSINESS HAS LEASED PREVIOUSLY?
- Sole Traders
- Small Companies
- Large Corporate's
- Professional Organisations
- Schools, Colleges and Universities
- Hospitals & GP's
- Private Healthcare organizations
- Local Authorities
- Government Departments
- Emergency Services
WHY NOT BORROW FROM THE BANK INSTEAD?
“A bank is a place that will lend you money if you can prove you don’t
need it” (Bob Hope, an extract from Bluestone Leasing sales brochure).
A finance house will lend you money when you do need it, and there can be no better
justification than for videoconferencing.