Purchasing Your Computer System With IT Finance Your new computer system or upgrade probably consists of at least some of the following Hardware                      Server(s), PC’s & Printers Infrastructure Hubs, Switches & Routers Cabling, Network Points Telecoms VOIP, etc Software                      Operating System, Backup Software Database and Office Software & Your Application Software Support Delivery, Installation, Training & On-going Support Charges Everything can be bundled together under a single Computer Finance Agreement, including Training & Ongoing Support. You can choose a term to suit you – anything from 1 to 5 years. There are various Finance products available for you to consider … Operating Lease Typically considered for large value transactions. It enables you to take the asset off balance sheet because a residual value risk is taken by the Finance Company. Finance Lease Similar to an Operating Lease but without the residual value, so the asset is shown on the balance sheet. Lease/Hire Purchase The most common product for IT finance is known as lease purchase. VAT is paid upon commencement of the agreement. At the end of the lease the ownership passes to the customer on payment of an agreed nominal fee. Some finance companies offer a Lease Upgrade product that enables you to add additional equipment to your existing lease without affecting your lease payment. The term is simply extended. Not every leasing company offers this so check first. This is only a very brief summary of course and you’ll need to discuss your requirements with a Finance Company. It’s usual to get quotes from three finance companies as rates do vary and fluctuate by the day. Also ensure you fully understand the various packages offered to you and consult an independent financial advisor if anything’s unclear. If you’re ready to obtain a quote or wish to investigate your options check out the options on the right.