Whether you utilise technology at every level of your business or only in one area, failure to use the most accurate and up-to-date IT equipment can cost your company time and money.
Office IT equipment, such as photocopiers or printers, can be expensive but investing in modern equipment can help boost your business’s productivity.
Spreading the cost of your equipment with IT equipment finance can make the initial outlay less daunting and can also help to finance essential security equipment, such as CCTV.
Anglo Scottish’s range of tailored IT equipment finance solutions are on hand to support your business growth by spreading the cost of your chosen asset over an agreed amount of time.
Discover our range of dedicated finance solutions below or contact our team to find out more.
Contact Us
Interested in IT equipment finance to help spread the cost of your new printer, photocopier, CCTV or business equipment?
Whether you know exactly which equipment you need to finance or simply want to find out more about the options available to you, our expert team are on hand to help.
Contact us today to learn more.
Our expert team are on hand to answer any questions you might have regarding your LED lighting finance.
Need help? Call us on 0191 410 4776
What is IT equipment finance?
Commonly used by businesses in a range of sectors, IT equipment finance is a valuable avenue for businesses looking to acquire costly technology to support daily operations.
IT equipment finance allows businesses to get access to items such as photocopiers, printers, security equipment, or software, without paying for the asset in a single payment.
Commercial LED lighting finance helps businesses reduce their carbon emissions and increase profitability, without the need for a significant initial outlay to replace their existing lighting.
Spreading the cost of an investment like this can help your business maintain a consistent cash flow and facilitate further company growth. By opting for manageable monthly payments rather than a significant initial outlay, budgeting for the months ahead becomes simpler.
In many cases, your monthly payments for an IT equipment lease or finance plan will be 100% tax-deductible. Consult your accountant to confirm.
Photocopier finance and printer finance
Photocopiers and printers are two of the most commonly-financed forms of IT equipment. Photocopier finance is often used by office-based businesses and can be particularly helpful in the event of unforeseen damage to the building’s existing photocopier.
Higher-end photocopiers can cost thousands of pounds, making them a sizable outlay, especially for smaller businesses. And, like printers, they can be vital to your business’s productivity.
Printer finance is a common solution to spread the cost of your investment, particularly given the long lifespan of a printer and the return on investment over the product’s life.
Our dedicated printer and photocopier finance plans can support the purchase of a wide variety of products.
Software finance
Businesses commonly utilise software finance when looking for digital solutions to increase productivity or explore new possibilities.
There is a vast range of software that can be beneficial to a business – whether you’re investing in CAD (computer-aided design) to streamline your design processes, or CAM (computer-aided manufacturing) to reduce reliance on your workforce.
CRM (Customer relationship management) software can be equally beneficial from an administration perspective, managing, tracking and storing information related to past, current and future customers.
These types of software are typically expensive when purchased at a business level and though some may be available for a monthly subscription fee, others require a single-time purchase.
Software finance can support you with this payment, spreading the cost of the asset into manageable monthly payments. A commercial loan may also be available to support this kind of purchase.
CCTV finance and security equipment finance
Investing in your CCTV or security equipment can be important for insurance reasons. A quality CCTV system can also offer peace of mind and enhanced protection for your valuables in the event of a break-in.
Installing a CCTV system from scratch – or upgrading your existing one – can have a significant cost. Wireless systems typically cost up to £750, which can be a significant cost for a smaller business, so CCTV finance can be incredibly valuable in helping to spread the cost.
Other forms of security equipment finance can also support the purchase of expensive security measures. Alarm systems, access controls, fire safety systems or glass break detectors can represent a costly outlay.
Our CCTV finance and security equipment finance plans can help your business protect its most valuable assets, without compromising your cash flow.
Choosing the right IT equipment finance
At Anglo Scottish, we offer a wide range of asset finance arrangements that may be suitable for financing your IT equipment.
These options include:
Hire purchase
Hire purchase is a type of finance that allows your business to spread the cost of your LED lighting over an agreed period of time.
Operating lease
An operating lease is an agreement that allows your business to pay to use your IT equipment for a fixed period, without actually owning it.
Finance lease
A finance lease is similar to an operating lease in that you can use and benefit from your IT equipment without actually owning it. However, unlike an operating lease, a finance lease will appear on the balance sheet of your business.
Commercial finance – in the form of a traditional business loan – could also be available to support the initial payment for your IT equipment, CCTV system or software.
Securing your IT equipment finance
Securing your IT equipment finance at Anglo Scottish has never been easier. All you have to do is decide which type of IT equipment you need to finance and get in touch with our team.
We’ll work with you to get to know your company and your business goals to find the best finance agreement for you, before reaching out to funders on your behalf.
Our unique portfolio of over 70 funders means that we can provide a wide range of lending criteria – so you may be eligible for finance with Anglo where you were previously found to be ineligible elsewhere.
HOW IT WORKS
FAQs
Can I finance software?
Yes – even if your software is not available for a monthly subscription cost, we can spread the cost of your initial purchase price. This cost will then be repaid to us over an agreed-upon period of time.
What software can I finance?
The sky’s the limit when it comes to your software finance – whatever software you require to benefit your business, we can help finance it.
Can I finance CCTV?
Yes – we often support businesses with the cost of installing or upgrading their security systems. This can include anything from CCTV to alarm systems, glass break detectors, and more.