Lease Telecom launches residual value iPhone proposition

ICT financing company Lease Telecom has today announced their iPhone Residual Value offering, giving Partners the capability to price iPhone products at 20% less than the competition.

The offering is delivered via the company’s market leading finance portal and is available today for existing Partners.

The release has been timed for the launch of iPhone X, which breaks the £1000 threshold and is set to cause more cash-flow challenges for the indirect channel.

Partners can apply 20% residual value against the latest iPhone products, which when paired with business SIM Only tariffs, makes for a very competitive and attractive proposition.

“The residual should shave £10 off the customer’s iPhone X 24 monthly repayment, making the upgrade much more affordable,” said Simon Fabb, Director of Lease Telecom.

“Our job is to keep the solution simple by making it available on our Partner Portal. Simple, self-service finance is what keeps our Partners coming back.”

Lease Telecom will make iPhones, iPads and top Samsung products available via the service and anticipates strong take-up from medium to corporate businesses who favour “access” over “ownership”.