Deverill

0% Finance Options

Deverill’s close relationships with the world’s leading hardware and software manufacturers can bring all kinds of benefits to your business.

One such benefit is the ability to mitigate all of the costs associated with your IT deployment by taking advantage of a new range leasing and finance options now available through our partner providers.

Hire Purchase
Hire Purchase enables you to own your IT equipment while spreading the cost. The benefits of this option include:

• Total control - the asset is yours at the end of the agreement, with no hidden charges and nothing more to pay
• Terms range from 2 – 5 years
• Payments can be monthly, quarterly or tailored to suit your budget
• Fixed repayments over the term - rentals will not increase if rates rise
• Tax advantages - normally you can claim writing-down allowances and perhaps capital grants, while repayment interest may be offset against profits. VAT is usually reclaimable.

Operating/Residual Lease
This option can increase the affordability and flexibility of your IT and help achieve greater asset control. It is also the most cost-effective way to lease if you wish to execute a regular replacement policy. Benefits include:

• The option to structure transactions as ‘Off Balance Sheet’ which reduces depreciation, administration and cost.
• Competitive residual value investments resulting in lower rentals, reducing overall costs.
• Maximising your IT budget, leaving capital free for use in other areas
• A reduction in IT Total Cost of Ownership
• The economic advantage that rentals are a revenue item and generally 100% tax deductible, leading to lower tax liability, increased profit and cash flow

Finance Lease
A Finance Lease can increase the affordability, flexibility and manageability of your IT, with assets are being fully paid for over the lease term. Benefits include:

• The ability for you to spread the cost of your IT purchase over 2-5 years.
• A significant tax saving over a straight cash purchase.
• Monthly or quarterly repayments
• Since the leasing provider retains title to the assets, when assets are returned at the end of the term all disposal costs and issues are removed.
• At the end of the term, if you so decide it may be possible to take full ownership of the equipment.

Flexible Leasing – The best of both worlds
Flexible leasing allows you to acquire the technology you need without the requirement for significant capital expenditure and gives you the assurance of knowing exactly what your quarterly IT outgoings will be.

Flexible leasing enables businesses to maximise their budgets and keep total cost of ownership to a minimum.

Flexible leasing extends your flexibility to give you three options at the end of the finance term, so you can make choices based on your circumstances at the time. You can:

• Return leased equipment to the leasing provider with nothing further to pay
• Take ownership of the equipment at a pre-agreed cost.
• Extend your finance

For further information on all our Finance options, please contact our Solutions Team on 01202 785 106 or email solutions@deverill.co.uk.