Software Leasing
We are able to
finance software licenses and, if required, services up to 100% of
the total invoice value on any single transaction.
We respect that software is licensed product and ownership is
always vested in the author. Our documentation includes
sub-licensing agreements which do not infringe on product patents,
intellectual property or copyrights. This enables us to claim
'Writing Down Allowances' and therefore to offer system users
tax-based lease agreements on software acquisitions. Suppliers and
customers alike can enter into any transaction on agreeable terms
and with complete peace of mind.
Software leasing provides customers with the same benefits
associated with traditional leasing, including:
- Repayments are tax deductible - so the customer's future tax
liability is reduced; 100% of rentals are tax allowable compared
with normal Writing Down Allowances permitted on purchase.
- It supports all parts of your solution - customers may either
lease individual component parts such as software licenses or the
total solution.
- Exchange and upgrade flexibility - helping customers take
advantage of technology advances quickly and more cost effectively,
while avoiding obsolescence. The cost of new product and/or
services can be added to the original lease agreement and either
amortised over the remaining term or the lease period can be
extended to keep repayments unchanged.
- Multiple vendor flexibility - our contracts provide a
comprehensive leasing solution independent of a software vendor or
third-party service provider.
- No additional security required - customers can structure
leases for software and services without the normal requests for
charges on assets, property or debtor books which are associated
with traditional bank loans. Existing lines of credit can be
retained for financing other areas of a customers business
operation.
- Improved cost-efficiency and flexible payment options -
customers simply pay for the software licenses and, if applicable,
associated products and services as they use them, and derive real
benefits. Payment profiles can be tailored to match a project's
roll out schedules, i.e. an initial payment holiday, followed by
escalating payments over a pre-agreed period of time.
- Lower pre-tax payments - the lessor claims appropriate first
year or annual Writing Down Allowances on the leased product(s) and
the customer receives the benefit via lower rental charges.
To see how working with Halo can benefit your business call 0845
450 1966.
Please contact
us for more details