Frequently Asked Questions

How is a lease different from a loan?

A lease is an agreement to make payments for a specific amount of time for the right to use the equipment owned by the lease company. Leases are generally more flexible than loans and offer tax efficiency.

What is required to qualify for a lease?

A simple, one page application is usually all that's needed. Financial information will be required for certain leases.

How long for an approval?

Approvals are usually accomplished within 4 hours, depending on the size of the transaction and all submitted information is correct and complete.

How much of an initial investment is required?

Usually, two security deposits based upon the monthly payments are required.

What is the minimum pound value that can be leased?

The minimum required is £1000.00.

Can service fees be added?

Yes. Installation and service fees can be included to the lease as well as the first year maintenance contract.

What about adding software?

Yes. Software and other soft costs can be added to the lease. Software only leases are available at special rates.

What about adding equipment at a later date?

Yes. Simple add-on programs are available throughout the term off the lease.

More Information

• Discuss Your IT Leasing Requirements