Guide To Financing Communications

One development particularly of interest to SMEs with significant reliance upon IT/Telecoms infrastructure is the ‘Technology Refresh’ approach.

The relentless pace of change within the communications and IT sector means that infrastructure rapidly depreciates and becomes obsolete and the arguments for ownership are minimal. Technology Refresh enables the SME to continue to upgrade its business-critical infrastructure, thereby avoiding obsolescence, whilst maintaining costs within a fixed budget. After all, who wants to pay for something that will be worthless in a few years time - you just want to be able to use it to fulfil a need.

At the same time over the last ten years Communications/IT has become a business-critical issue, decreasing overheads, increasing efficiency and providing a competitive edge, in almost every industry sector. To ensure any business remains competitive, it is crucial to ensure that it continually reinvests in IT, to keep its systems robust, secure and up-to-date with functional improvements. Unfortunately, the priority often favours the implementation of new solutions, rather than the maintenance and improvements of existing systems.

Technology Refresh addresses this issue. It allows businesses to pay for a communications/IT solution through fixed monthly payments. Over time, increasing amounts of this payment are collected as equity, allowing the business to update, expand and improve upon their solution, without increasing the monthly payments.

Technology refresh allows you to not just buy your solutions, but also ensure that they keep performing to their optimum level.

Benefits Summary:

Immediate Acquisition of Equipment: You can acquire the equipment that is needed now, not when the cost meets budgeting requirements.

Conserve Working Capital: Capital can be employed for other profitable purposes. Further, because we are supplying an alternative line of credit, existing credit lines remain undisturbed.

Planned Budgeting: By structuring the facility for you the payments can be made to match your cash flow.

Payment Reflects Usage: By spreading the cost of the equipment over the life of the goods, it will reflect its usage and allow for easy replacement when obsolete.