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Our facilities allow all aspects of a modern solution to be funded from initial scoping and analysis costs, through hardware and software, to on-going training and support. “The system looks great and seems to meet our needs but with everything else going on we just don't have the funds for that level of investment right now.” Any large investment in a new asset is a worry. Speculation over whether the system will deliver the efficiencies and benefits promised is never far from the purchasers mind. To compound this, the cost of acquisition is significant and imminent; whilst the hoped for benefits may take years to be fully achieved. Is it any wonder then that we experience such reticence to commit to invest? Read more... “Unfortunately we have used our entire Capex budget for this year” Given what we have already said regarding the nerves inherent with any major purchase, many organisations quite rightly agree plans and budgets many months and often years in advance. Whilst this process can be very effective when considering cars, furniture, copiers, buildings etc., it can be very limiting when it comes to ICT assets due to the speed at which developments occur and obsolescence sets in. Read more... “The business is growing; if we make acquisitions then we may inherit legacy systems. We need to wait before changing…” Built-in upgrade paths; no need to settle old agreements and re-write incurring interest on interest; add-ons that keep the payments the same or the term the same; there are finance agreements that augment the evolution of an IT strategy or a system; financing can be made future proof. You could buy your systems at a lower net cost than paying cash! For many organisations using payment terms that are based on some sort of leasing or rental agreement can be exceptionally tax-efficient. The simple table below shows why: Read more... Call our sales team now on 0800 3196032 or email sales@northernstar.co.uk to find out more about how we can help finance your IT purchases.
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