What are the different types of leasing that you offer?

You can choose the appropriate leasing product for you — Finance Lease or Residual Lease.

Finance Lease gives you the use of Apple technology for a pre-agreed cost and period of time, with 100% of the capital cost spread over the lease period. You would be responsible for maintaining and insuring the equipment and capitalising the leased equipment on your balance sheet.

The Residual Leasing solution enables you to realise the convenience of using Mac systems without the concerns that are often associated with ownership, such as obsolescence and disposal. Because we are able to realise future sales proceeds, you pay a lower lease rental. As an added benefit our Operating Leasing may be presented as an off-balance sheet item.

What benefits will Apple Financial Services bring my organisation?

Leasing with Apple Financial Services will give you many operational, technological and financial benefits which make the whole leasing process cost-effective, simple and easy to manage, leaving you to concentrate on other areas of your business.

By using Apple Financial Services we can offer you a total end-to-end solution and we will work closely with you to ensure you have the financial solution to match your ever-changing IT requirements.

You will find the key benefits outlined on our Residual Lease and Finance Lease pages.

Can I finance my complete Apple package?

Yes, all our leasing products contain the flexibility to allow you to finance Apple hardware, software, installation costs, peripherals and warranty.

How frequently must I make payments on the lease?

The normal payment frequency for a lease is quarterly by direct debit. However, if you would prefer to pay monthly, annually or bi-annually, this can also be arranged.

What are my options at the end of the lease?

We understand that you need a number of solutions to help you make the best decisions at the end of the lease term. As such, we have developed a number of options for you:

	Apple Financial Services Finance Lease	Apple Financial Services Residual Lease
Purchase Option	AFS may sell back to the customer’s designated party for 2% of original cost	Purchase at the market value at that time
Extend option	Yes — an extend option is available	Yes — an extend option is available
Return the equipment	Yes — you can return the equipment	Yes — you can return the equipment
Refresh option	Customer can use change option and can take new equipment and return old	Customer can use change option and can take new equipment and return old
Ownership	The equipment belongs to Apple Financial Services. However, you may be able purchase it at the end of the lease.	The equipment belongs to Apple Financial Services. However, you may be able purchase it at the end of the lease.

What types of company take equipment on lease?

It is not just household names that take advantage of the facilities from us. We have leases with all sizes of businesses from sole traders to PLCs, schools, universities and hotels. Leasing is a universally accepted finance option.