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How to deal with budget cuts but still upgrade your Infrastructure
At times when the financial outlook is unpredictable, many companies become cautious in their approach to expenditure. Whilst this is understandable it can mean that critical parts of the business, like the IT infrastructure, are put at a higher risk of failure.
Businesses looking to reduce their spend, often end up repairing critical equipment rather than replacing it. Whilst Source UPS offer a range of service, maintenance and repair services, operating critical devices beyond the manufacturers recommended service life does increase the risk of failure and downtime.
But there is another option!
Asset finance allows your business to acquire the new IT equipment it needs to perform and grow without compromising cash flow.
Rather than having to pay the full cost of your new equipment as a one off lump sum, which the budget may no longer allow for, asset finance enables you to acquire new assets while paying for it in instalments over an agreed timescale. This reduces the pressure on your cash flow without having to sacrifice the performance of your IT infrastructure.
Source UPS offer a range of asset finance options and the process is simple!
Once we have finalised your solution and provided a quotation you are happy with, we then provide a finance quote based around your monthly payment targets.
If you’re happy with the finance proposal you will be sent a credit proposal to sign. As soon as this has been returned we will process your order, deliver and install your new equipment, it really is as simple as that!
3 Year Finance Example:
New UPS System (Cost including installation £15000.00 ex vat)
36 monthly payments of £497.85 (Total Payments £17922.60)
Tax relief at 19% £3405.29
Net Cost of Finance £14517.31
Finance figures have been provided by our finance partner Bluestar leasing and are indicative only, subject to VAT, final underwriting, administration fees, payments by monthly direct debit and terms and conditions. The finance agreement quoted is a lease rental. other products may be available. *The illustrated tax relief assumes the tax rate of 19% against the total rentals payable. Tax relief is also available for cash purchases. It is recommended that you verify your tax position with your accountant.
TO FIND OUT MORE ABOUT ASSET FINANCE, GET IN TOUCH WITH SOURCE UPS TODAY!
CALL: 01252 692559 OR EMAIL: INFO@SOURCEUPS.CO.UK
We have 9 UK data centres and Source UPS are our preferred supplier for infrastructure. Their advice is always valuable and well considered. I would strongly recommend Source UPS.