Financing IT

Planning for Tomorrows I.T – Today!

Axis Leasing understands that customers need to stay ahead of the competition and keep at the forefront of technology. You don’t know what it going to happen tomorrow – you may need to expand, or perhaps upgrade your software - our flexible financing facilities enable you to accommodate future change and maximize budgets.

We have a “Technology Change Option” built into our contracts which gives you peace of mind that you will not be tied in to obsolete equipment and be able to manage “the unforeseen” as required.

You can then plan ahead with your supplier for the acquisition of equipment over a longer time period: perhaps a phased drawdown over a year, or a software upgrade at a later date.

This is how it works:

Assuming you have a three-year lease agreement, payable with twelve quarterly rentals of £1,000.

The Change Percentage

Each rental agreement will have a percentage table printed within it, and it will tell you what change percentage you qualify for at any stage during your agreement.

Number of payments already made	1	2	3	4	5	6	7	8	9	10	11
3 year term Change Percentages	0	10	17	24	32	40	48	57	66	75	85

Changing Equipment

After 18 months or 6 quarters the rentals may be reduced by 40% and the
contract is extended for another 18 months. This leaves you with £400 per quarter to spend on new equipment or software. You can spend more or less than the £400 – its up to you.

Co-terminous Add Ons

You may not want to use the spend allowances on your contract . You are able to add on to the existing contract for a co-terminous period - so your rentals end at the original date.

Wrap Around Leases

If you have outstanding third party leases that do you not want to settle, we can tailor the rentals around these contracts . This means lower rentals to start with , then higher rentals when your old leases expire.

Settlement of Third Party Leases

We can offer assistance with third party leases and advise how best to settle them. In some cases we will finance the settlement figure for you as well.

Multiple Suppliers?

Don’t think that you have to have separate lease contracts for each supplier. Our record to date is eight on one contract! Just give us their names and we will liaise on your behalf. The Technology Change options apply to the whole of the finance, so your allowances will be that much greater.

Contact us for more information on 01269 844442 or email us.