PRODUCTS:
Professional Priority Finance | Computer Purchase Plan | Technology Finance Plan
Commercial Hire Purchase | Financial Lease | Operating Lease/Rental
Low Doc aka - Streamlined Computer Finance

OTHER SERVICES:
CSS Chattel Mortgage | CSS Bill of Sale | Loan Agreements | CSS Escrow Agreements | Vendor Programs

OPERATING LEASE/RENTAL

An operating lease provides the lease payments as a tax deduction. It requires the user to bundle all components and does not maximise tax deductions. An operating lease provides an off balance sheet transaction for the financing of a computer system. However, such a transaction can only be for 75% of the estimated life of the equipment (approximately 3-4 years) and provides no guarantee regarding the ownership of the equipment. (You maybe able to purchase the equipment at the end of the term at fair market value - this figure however is not identified and could be 10%, 15% or 20% etc.)  A rental is very similar to an operating lease. It overcomes many of the restrictions of the operating lease, however, on or off balance sheet issues should be confirmed with the client company’s accountants/Auditors.

(Conditional - ideal for high hardware-content transactions, terms for an operating lease cannot be greater than 4 years on computer equipment, useful for entities that do not have a capital approval and are non-tax paying - rentals offer a greater range of terms for the same type of client)