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 be a provider of telecoms equipment, IT solutions or even...Read More
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 equipment and technology via third-party finance and paying for it...Read More
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 business minister, Paul Scully, said: “Late payments are a terrible...Read More
Working from home, remote-working and flexible working arrangements are all phrases that have been used almost daily since lock-down was first mentioned earlier this year. With many businesses moving back out of the offices and some having never returned after lock-down, it is clear that this is something that will be around for quite some time. All businesses, both employees and employers, will have opinions...Read More
Equipment leasing is quite simply the process of acquiring equipment and technology via third-party finance and paying for it in manageable monthly amounts over a pre-agreed term. Equipment leasing allows any type of business to affordably acquire business-essential equipment and technology without the upfront expenditure. Leasing enables the business to preserve their cash-flow and put their reserves to much more profitable uses, such as investments,...Read More
