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Equipment leasing (or finance) is a banking facility that allows businesses to acquire the latest technology or assets by renting the goods over a pre-agreed term, for a pre-agreed price, usually paid monthly, quarterly or annually. As opposed to purchasing the equipment outright using a company’s capital expenditure, leasing draws upon the company’s operating expenditure....
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Leading technology and equipment finance providers, Lease Group, has announced the onboarding of its 1000th partner, as its channel solution sees a steady take-up of suppliers. Lease Group, a channel-only funding service for suppliers in telecoms, IT, AV and energy sectors, saw its partner-base double from 500 suppliers to 1,000 between the beginning of 2020...
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A common scenario in any climate, but even more so today: Your customer wants your solution, but not at the price you are asking for. You’ve worked tirelessly to develop a market leading solution and you’ve readied your sales, operations and service delivery teams. Now all’s that’s left is to fill up the order books....
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If you are either already offering leasing, have given it a go in the past, or have thought about it but haven’t yet been convinced that it is for you, then there will likely be some lingering questions and preconceptions about the process and it’s suitability for you and your client base. As experts in the field, we’ve...
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AV as-a-Service (AVaaS) is a business technology subscription that bundles the AV hardware your customers requires along with the ongoing services you provide. It’s a more adaptable and scalable approach to technology deployment and gives customers greater flexibility over purchasing audio visual equipment upfront. Traditional purchase pathways that begin and/or end with technology ownership can...
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Lease Group has one of the largest Partner Channels in the UK, with over 850 suppliers serving 1,000s of business customers nationwide. We are able to finance almost any equipment or asset type, from hosted telephone systems to coffee machines. We do this via our Partner Channel, a hand-picked pool of technology and equipment specialists...
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It’s a common misconception that large businesses prefer to purchase their equipment, rather than lease it. Taking today’s challenging market out of the equation, 80% of the FTSE 500 have always favoured leasing because of the cash-flow efficiencies, not to mention, it beats tying cash up in ever-depreciating business necessities such as computers, desk phones, air conditioning units and...
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If you are an equipment or technology solutions provider, you’ve probably come across the term Vendor Finance. The meaning however is very much perceived differently depending on which finance solution you use. Here, we’ll explain the definition of Vendor Finance, the Lease Group way. OK, so you run an equipment or technology business. You may...
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Equipment leasing is called upon by businesses big and small as a cost effective and budgetable way of acquiring the latest technologies. Here we will run through the key reasons for leasing equipment versus purchasing technology and services outright. Firstly though, what exactly is Equipment Leasing? Equipment leasing is quite simply the process of acquiring...
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According to the The Department for Business, Energy and Industrial Strategy, £23.4bn worth of late invoices are currently owed to small firms across Britain, a situation which has forced the body to consider new measures and legislation to clamp down on late payers.The volume of late invoices has creeped up during 2020, not surprisingly due to COVID-19. Small...
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