A residual Lease is an easy and convenient way of keeping up-to-date with the latest technology, whilst keeping your costs to a minimum. The following are just some of the key benefits you will experience when you use operating lease:
Benefits of Residual Lease
- Maximises Budget — Meets today’s IT requirements with tomorrow’s expenditure.
- Protection from Obsolescence — Upgrade or exchange to keep up with the latest technology.
- Flexible Finance — Benefit from leasing solutions for projects that include combined elements such as Apple supplied hardware, software, peripherals, installation and warranty.
- Reduced Costs — Lease terms can be tailored to match typical replacement cycles, helping to promote standardization and reduce support costs.
- Preserves Capital — Leaves capital free to use in other areas of your business.
- Better Control — Known payments provide an inflation hedge, easier budgeting and help to maintain control of your cash flow.
- Tax Advantages — Rentals are a revenue item and generally 100% tax deductible — lower tax liability means increased profit and cash flow.
- Accounting benefits — Equipment may be classified as an asset, consequently the asset value of your balance sheet is reduced and a higher return on capital employed is recorded.
Summary of Features
| Length of Term | 24 to 36 Months |
|---|---|
| Minimum Order Values | £1,000 |
| Equipment Mix | 80% Hardware |
| Deposit | None, first payment due when equipment is delivered |
| VAT Treatment | VAT included in rentals |
| Payment Method | Direct Debit |
| End of Term Options |
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| Ownership | The equipment belongs to Apple Financial Services |
| Balance Sheet | Off company’s balance sheet |
- * The calculator only gives you an indication of your possible payment. Rates may change without notice and such changes may not be reflected in this calculator. All offers are subject to credit approval and acceptance by Apple Financial Services.
- ** You may be able to borrow more. Please contact one of our representatives.
