Why Technorent?
- An Easy form of finance - no deposit required, no equity
is required, no establishment costs
- Keep up to date with the
latest technology - A Technology Lease protects you against obsolescence
and is a safeguard against unforeseen
circumstances. This allows you the use of the latest appropriate technologies
for
today and the future. Eg: Who could have foreseen the quantum
increase in systems requirements necessary to run new operating systems and
applications such as Windows XP, Adobe Photoshop and Quark
Xpress. This rendered many PCs unusable throughout many organisations
- Preserve your credit lines - Technorent provides you with an
additional source of funding, allowing you to reserve existing
credit
lines for other investment opportunities
- Fully tax deductible payments (when
used for business purposes)
- Hedge against Inflation - Unlike
other expenses such as salaries, lease payments are fixed for
the period of the lease and
do not increase over time. This allows more accurate budgeting and cash flow
planning
and protects you against inflation. Locking into medium
term (2-4
years) fixed rate leasing while interest rates are low
can help you save money now
- Invest in your business not technology
related equipment - Your capital typically earns a better rate
of return invested in your
business than in devaluing IT equipment. The effective rate of our leases
is usually below the average cost of funds available
from traditional financial sources. In addition, the return on
the capital preserved
and invested in your business should be greater that
the rate
paid to Technorent, thus increasing the return to your shareholders
- An
aid to your balance sheet - Our Technology Leases are off-balance
sheet. The rentals are not included in the balance
sheet as a liability and the leased equipment is not included as
an asset. This may
increase
your borrowing capacity, and improve key financial
ratios such as
debt/equity and return on assets
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