Software Finance & Leasing

Software finance is a huge part of what we do. It is an industry experiencing a significant upwards trend, in line with modern technological advancements. Most of our clients, no matter what the sector, utilise software on a day to day basis. Some of these software products are sold on a monthly subscription in which they pay the supplier directly. There are however software products that require payment upfront. These are prevalent in many sectors, but most commonly in logistics, architecture and design, warehousing, and retail. It is here that Systems Finance can assist.

Allowing customers to finance software over a 1-5-year period gives them the flexibility to choose their repayment period. This can be done over a monthly, quarterly, or annual term. Software finance also allows for multiyear discounts that are offered when purchasing software. This is applicable to a plethora of sectors, industries, and their intrinsic software requirements. A few examples being Business Critical applications, CAD, CAM, Cyber Security, ERP and Anti-Virus Software.

If you are looking at a specific product but after receiving the quotation, feel that the capital outlay would put burden on the cash flow of your company then we can help. Systems Finance work with every technology lender in the UK market and therefor wade through the options and find you the most competitive, easily accessible solution.

Often software finance is the quickest and easiest lending available and decisions are almost instantaneous. This is due to the fact lenders in this market have heavily invested in their own software to increase the efficiency of the finance process.

Why Use Systems Finance?

Industry Leading Rates

With our access to over 40 UK funders, we can provide industry leading rates from just 2.5%.

98% Acceptance Rate

We spend time understanding your business and what you are looking to achieve. This results in the creation of detailed proposals that ensure you receive the funding you want.

Diverse Lenders

We can provide tailored finance solutions specific to your asset, industry and business. Whether you are a new start business, or well-established global firm, we can find a solution for you.

Rapid Finance

Systems Finance provides same day quotations with the ability to get you funding within just 24/48 working hours.

Key Benefits of Asset Finance

  • Tax Flexibility

    Some types of equipment finance like equipment leasing and sale and leaseback are more tax efficient than buying outright. That’s because when you lease an item it’s a monthly expense rather than an asset sitting on your balance sheet.

  • Easy to budget and manage

    Equipment finance in most of its forms gives you predictable payments so you can spread the cost over time. That means that managing cashflow is that little bit simpler, and you can focus on running the business.

  • Access to other lines of credit

    You don’t have to use up a bank facility you already have.

  • Tax efficiency

    Some types of equipment finance like equipment leasing and sale and leaseback are more tax efficient than buying outright. That’s because when you lease an item it’s a monthly expense rather than an asset sitting on your balance sheet.

  • Spread the cost and pay as you use it

    Why pay upfront on a depreciating asset when you can pay as you use it and spread the cost.

  • Always have the latest technology

    Get the latest technology without having to pay the huge upfront costs.

Case Study Example

Software Renewal cost 1YR – £10,000.00 + VAT
Software Renewal cost 3YR – £26,000.00 + VAT
Finance cost 3YR Renewal – £808.00 + VAT per month over 36 Months
Cost of Finance – £29,088.00 + VAT

Looking at this example we can see that if the customer chooses to go down the three-year finance option they benefit from the discount of the multiyear, of which the discount covers the cost of the finance and then some. They also benefit from the obvious perk of being able to pay monthly as opposed to paying £26,000.00 upfront which for many businesses can place a huge strain on cash flow, especially when taking other expenditure into account.

Furthermore, the price of the software is locked in for the 3 year period and so the customer does not have to worry about the inevitable price increases that are common place in the market.

Systems Finance

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