Finance
South West Communications Group understands the benefits that technology can bring to businesses seeking to improve their work processes and to make themselves more profitable. We also understand that some lenders restrict the credit available for such investments or even attach a higher risk premium because they do not understand technology.
Our subsidiary company, SWT Finance is a boutique finance provider specifically established to support the borrowing needs of businesses investing in new information and communications technology.
As an independent financier, SWT Finance is not reliant on external funds for lending and similarly has independent in-house credit approval procedures. This means a quicker progression and implementation of your important project to help you concentrate on utilising technology to better run your business.
We provide a flexible range of competitive rental and lease purchase options. With no third party involved in the process, the simplicity of the service makes it possible to tailor the service to include upgrades during the term of the agreement and to set payment patterns to reflect seasonality in the business.
Leasing provides the ability for businesses to have the use of the most up-to-date technology without having to make the capital outlay of purchasing. The points below will give you an idea of the benefits of leasing:
Immediate acquisition of equipment - Equipment can be acquired immediately when it is needed; not when the cost meets budgeting parameters.
Conserves working capital - Your capital can be employed for other profitable purposes. Furthermore, because we are supplying an alternative line of credit, existing credit lines remain undisturbed.
Confidentiality - We will not speak with your existing lenders so you can be assured the business decisions you have made for any project involving SWT Finance will not be divulged.
Tax advantages - 100 per cent of all rentals can be offset against company profit.
Planned budgeting - Payments can be made to match your cash flow with a bespoke payment structure.
Payment reflects usage - By spreading the cost of the equipment across the life of the goods it will reflect its usage and allow for easy replacement when obsolete.
Built-in flexibility - Early settlement and upgrade of equipment is available during the lease period.
The power of leasing is particularly relevant in today’s financial climate. If you would like to discuss any of the above points further please do not hesitate to call us on 01392 369369.
