Rentals

Rentals

Rentals

Lease Finance Rental, or just plain old rental? Either way, we’ll help you keep your cash

When making a major purchase, many factors can influence a company in deciding whether to use available cash or to use credit options. It may be that the organisation is newly established and yet to realise its full potential. Some organisations prefer to defer acquisition costs in order to realise a quicker return on investment.

At Trident we like to help you choose how to finance your ICT investments, by tailoring payment frequencies to suit your financial needs.

Renting
Talk to us if you are looking to rent system hardware, such as a telephone system for example. Rather than tie up your organisation’s capital, we can supply and install our own equipment on your premises for short or long term rental plans.

Regular monthly or quarterly payments – designed to fit your financial plans – can also include full service packages, so you have no worries about the costs of owning and maintaining the hardware or systems going out of date as new technologies emerge.

Rental packages are designed on a per customer basis so you can choose minimum terms and the cancellation notice period. All equipment remains our property during the term of the loan; when you’ve finished we come to de-install the hardware as part of the service.

Trust Trident for hardware rental:

  • Bespoke rental plans
  • Flexible terms, from 6 months
  • Monthly or quarterly payments
  • No cost of ownership
  • Future proofed investment
  • Installation, maintenance and de-installation included

Lease Finance Rental
Trident can provide highly competitive leasing and finance facilities across the full spectrum of customer profiles, from major corporates through to the retail market sector. Our leasing agent is set up to lease products and services to your best advantage, and professionally managed through one central point of contact.

Benefits of Lease Finance Rental:

  • Accelerate the Return on Investment.
    Each and every asset acquired for your business demands a pay-back. Deferring the acquisition costs by leasing new equipment, can provide you with an immediate return on that investment.
  • Preserve Working Capital – Think Revenue.
    Maintaining liquidity, is critical to the health of a business and is fully supported by the practise of leasing, which removes the need to tie up valuable cash resources in a rapidly depreciating asset; freeing up capital that may be better invested elsewhere in your business. Leasing allows you to treat the acquisition of new equipment as a revenue; rather than a capital expense.
  • Leasing is Highly Tax Efficient
    Under a leasing agreement the total amount of all rentals payable in each Tax year, can be fully off-set against Corporation Tax, over the life of the agreement. Only leasing enables you to write-off the full purchase price, against Tax, linked to the expected useful working life of the equipment – which may be as short as three years, for high tech products.

    If you compare this for tax purposes, to outright purchase (which provides only 25% Writing Down Allowances each year, on a Reducing Balance basis) it takes seven years to write off 90% of the full purchase price, against Tax! (This is true, even if your business qualifies for a 40% First Year Allowance under the Government’s current S.M.E Scheme).

    If you compare this for tax purposes, to outright purchase (which provides only 25% Writing Down Allowances each year, on a Reducing Balance basis) it takes seven years to write off 90% of the full purchase price, against Tax! (This is true, even if your business qualifies for a 40% First Year Allowance under the Government’s current S.M.E Scheme).

    It is perhaps not surprising then, that over 30% of all capital equipment purchased in the UK, is now leased.
  • Easy to Upgrade
    The valuable working life of many business assets can be hard to predict. Given the pace of technological advancements, any finance arrangement must be flexible enough to accommodate these developments. Our leasing companies therefore expect and anticipate the need to provide you with replacement or additional equipment and we will gladly quote the rental for a new Agreement, which will automatically extinguish the liabilities under your existing arrangement.
  • Fixed Costs
    Unlike many other forms of finance, where interest rates fluctuate, leasing rentals are fixed for the duration of the agreement. This allows you to budget in complete confidence that costs will not escalate.
  • Another Line of Credit
    Leasing facilities are dedicated to the equipment concerned and no other form of security is normally required. Our leasing facilities will not affect current borrowing capabilities, leaving your existing sources of finance, conveniently undisturbed.

Trust Trident for Lease Finance Rental Introductions:

  • Reputable finance houses
  • Experienced underwriters – high level of acceptance
  • You can lease hardware, software and services – even line rental
  • Tailored payment frequencies
  • Competitive rates