Leasing
Flexible Leasing Solutions from Simply Telecom
Leasing is quite simply the process of acquiring equipment via third-party finance and paying for it in manageable monthly amounts over a pre-agreed term.
It’s like a loan, only the loan is secured by the assets that have been acquired, which allows for a lower rate of interest.
By paying for the equipment monthly your customers will be preserving their hard-earned working capital and not tying money up in ever-depreciating assets. Most importantly, Leasing allows your customers to invest their money in more profitable activities – which enables their business to grow.
benefits
What are the customer benefits of leasing?
Leasing hardware like business mobiles and desk phones offers more than just convenience — it’s a smart, flexible solution for growing companies. From improving cash flow to ensuring your team always has access to the latest tech, leasing helps you stay agile, efficient, and future-ready. Explore the benefits below to see how it can support your business.
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Have the equipment you need now without affecting your company’s cash reserves.
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You can conserve your working capital and put it to use in other more profitable ways.
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You can pay for the equipment as it’s used and spread the cost over it’s working life, i.e. 1 to 7 years.
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Leasing qualifies as an operating expense to your business, meaning each is payment is 100% tax deductible.
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With a manageable monthly repayment, you can afford the latest technology available. There’s no need to cut corners on your upgrade!
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One rental can include all equipment and ancillary costs i.e. consultancy, installation, training and delivery.
process
How does the leasing process work?
Leasing business hardware is straightforward and stress-free when you know what to expect. Whether you’re upgrading devices or setting up a new team, the process is designed to be smooth, flexible, and tailored to your needs. Take a look below to see how it all works, step by step.
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Just like a cash purchase, the lease process begins with a detailed examination of the business need. Usually, this entails contacting your existing technology and equipment supplier or researching the market for a local solutions expert.
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Once the business need has been determined, explore pricing options with your supplier by requesting a monthly payment option. Your supplier should be able to provide costings quickly and clearly provided they already have a leasing Partner in place.
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With both equipment and pricing confirmed, your lease application will be processed by your supplier. The credit approval process can take as little as 5 minutes, after which your lease documentswill be received for signing.
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The lease agreement will be emailed to you for digital signature using a secure and reputable digital document signing platform, such as Adobe Sign. Read over the agreement and sign the sections where prompted.
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The equipment plus associated installations will take place at a date and time as agreed with your supplier. Once the solution has been successfully installed, your application will be progressed for sign-off.
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Within 10 workings days of installation, your first payment will be collected via Direct Debit. Further payments will be collected on a monthly basis for the remainder of the term and your supplier will contact you towards the end of the lease to discuss options for returning, upgrading or extending use of the equipment.
GET IN TOUCH
Thinking about leasing?
Learn more about how leasing could be an ideal solution for your business. Start by filling out our form or book a free video call consultation, and we’ll be in touch to discuss how to setup your first. message - it’s that easy!
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