Specialist
IT Equipment Finance
For financing business related IT equipment
For financing business related IT equipment
If you are looking for a way to upgrade your IT infrastructure without breaking the bank, you might want to consider IT equipment finance. This is a smart and flexible option that allows you to access the latest IT solutions and pay for them over time. Whether you need servers, laptops, software, or cloud services, you can find a finance solution that suits your needs and budget. In this page, we will explain what IT equipment finance and leasing is, how it works, what the benefits are, and how you can apply for it.
IT infrastructure is essential for many businesses to operate efficiently in today’s digital world. However, constantly upgrading IT hardware and software can be extremely costly and financially draining. This is where IT equipment finance comes in.
There are two main types of finance available: hire purchase and operating lease.
With hire purchase, the business pays a deposit upfront and then makes regular payments over an agreed term, usually 12-60 months. At the end of the term, the business owns the equipment.
Hire purchase is suitable for businesses wanting to own the IT equipment eventually. It also allows the business to claim capital allowances on the equipment.
With an operating lease, the business pays a monthly fee to use the IT equipment for a fixed term, usually 2-5 years. At the end of the term, the business returns the equipment or has the option to upgrade, extend the lease, or purchase the equipment at a reduced price.
Operating leases allow maximum flexibility and convenience. The business never owns the equipment and so does not have to worry about maintenance, disposal or depreciation.
Financing IT equipment is straightforward:
Imagine the possibilities that IT equipment finance and leasing can offer you. With an operating lease, you can equip your graphic design team with the latest MacBooks and Adobe software, and unleash your productivity and creativity without spending a fortune upfront. With a hire purchase, you can invest in a new digital X-ray machine and a patient management system for your dental practice, and enhance your service quality and efficiency while claiming tax relief on the equipment. Another example is acquiring a drone and a cloud-based mapping software for your construction company. Improving your site surveying and project management capabilities while paying a low monthly fee.
IT Equipment Finance & Leasing also has some potential drawbacks that businesses should be aware of before entering into a finance agreement. Some of these drawbacks are:
Almost any type of IT hardware, software or services, including:
Lenders mainly consider:
At Clifton Private Finance, we can approve finance within hours or days depending on the cirumstances and complexity of the fianance required. We access fast finance options from various lenders through our expansive network.
We can help you:
And when we’ve established the best type of finance for you, we will:
Call our team on 0203 900 4322 to discuss your requirements or book an appointment.
I approached Clifton Private Finance to help me get a mortgage as an Expat working in the Far East. I would normally 'cut out the middle man' on something like this and try to get myself a deal directly with the banks, but I am now sold on the broker concept and wouldn't hesitate to use Clifton Private Finance again. There were a number of complicating factors such as being an expat, the stamp duty holiday, the sheer amount I wanted to borrow and the fact I wanted it all wrapped up before the Stamp Duty holiday ended. It is clear to me now that the relationship that brokers have managed to foster with their banks means they can simply pull levers and make stuff happen that us ordinary folk cannot. Put simply, they are worth every penny, will take most of the stress out of the lending process, and seem to have access to deals that you just won't find on the internet. Thank you George and Jan for all your hard work!
James M
Luther was excellent. Very clear in his advice and explanations of products and was able to move things on very quickly when we ran into difficulties with the estate agents. Without a doubt I would recommend Luther to all friends, family and colleagues. Luther was a joy to deal with and took a lot of the stress out of a troublesome transaction, from my end. I would view Luther as real asset to Clifton Private Finance Ltd.
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The team at Clifton Private Finance has been outstanding, not only in helping me to obtain a mortgage on a slightly unusual home, but also in continuing to provide support and liaise with the lender and solicitors through to completion. Thank you for making the process of buying my first home much easier.
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Sam O'Neill, and the new lender he identified for me, worked tirelessly together using my time constraints, to make sure my mortgage application was completed on time. They are a brilliant company to work with, fast, efficient, open and transparent from the very beginning, and turned a seemingly impossible situation into a viable one. Sam was brilliant throughout the whole process and I would highly recommend him, and his colleague Helen, to anyone without hesitation, I cannot speak highly enough about them.
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I was incredibly lucky to find Clifton Private Finance after a search on line as their service has been more than exemplary. My point of contact was Sam 0’Neill and he was happy to help at every stage during the application of the bridging loan, making a stressful process much easier to deal with. He was always available by phone or email and gave prompt answers to queries I had as well as always getting back to me when he said he would. That to me is excellent customer service and I cannot thank him personally or the company enough for the support they have given me.
C Jefferey
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I recently contacted Clifton Private Finance after a Google search for bridging finance providers and was immediately struck by their efficiency and support. Forms were emailed over almost immediately and the necessary finance was arranged within a few days. None of the other companies I contacted came close to their professionalism, and the quote that I eventually received was impressive. Thank you Adam, your help has enabled us to reserve the house that we wanted and I certainly recommend you to others.
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Absolutely brilliant. The service was first class, got everything sorted efficiently and were always friendly. Any fees were negligible compared to the service offered. Robert was particularly outstanding.
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My advisor, Robert, was very helpful in finding the mortgage to suit me. He kept me up to date throughout the process and dealt with any issues when they arose.
Rowena C
