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Finance and Leasing

Telecoms and IT System Financing & Leasing

telecoms finance and leasing

BENEFITS OF LEASE RENTAL FINANCE

Unlike many high street bank facilities or overdrafts that are subject to the change in market conditions, a lease facility with its protected payment and fixed interest rates allows for effective future budgeting. Because finance lease rentals are 100% allowable against pre-tax profits, the total cost of your purchase, capital and interest can be offset during the lease period, with payments deducted as a trading expense. A cash purchase will allow tax relief only on the capital allowances on the equipment. Contrary to popular belief leasing is not expensive, in fact the real cost of a lease can be significantly lower than the payments made.

When financing your telephone system supplied by Octagon rather than outright purchase, your company benefits from the following:

  • Retention of Capital, money can be spent much more profitably within your company. i.e. production, raw material purchasing, advertising, research and development, company acquisition, cash emergencies etc.
  • The payments are fixed for the period of the agreement allowing effective budgeting and a hedge against inflation.
  • Easier upgrades opportunities, a guard against equipment obsolescence.
  • Payments are 100% allowable against taxable profits*.
  • We can structure your payments to meet your needs and spread payments over 3 or 5 years
Panasonic Phone Systems
NEC Phone Systems
SpliceCom Phone Systems

We found the advice and support form Octagon in selecting a new phone system helpful when we were sourcing our new system.

The Ridge Medical Centre moved into a brand new purpose built premise and required a new telephone system to handle the large amount of calls they receive each day to provide a service that their patients would be happy with.

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Octagons service is second to none, their systems always go in on time and on budget and they are easy to get hold of, whether we need to speak with an engineer, accounts or a director, they are there for us. We have worked with Octagon for some time now and we are extremely happy with the service and the products they have provided. I would have no hesitation in recommending them.

WILL STANNERS, Bury Primary Care Trust