System Rentals Ltd is a well established finance company that specialises in arranging leases for telecom equipment.
We are a small, highly experienced team operating out of offices in East Grinstead, West Sussex since 1987.
While many finance companies shy away from the telecoms market, we are as enthusiastic as ever to partner resellers of all sizes and to help telecom buyers spread the cost of their new telecommunication solution.
We help resellers by providing flexible leasing that allows them to quote their customers affordable monthly rentals – and in doing pre-empting possible cost and budgetary objections.
We also help telecom buyers directly by arranging affordable finance on most business assets but with a particular emphasis on Telecommunications and IT. Through our sister company, Vision Vehicle Leasing we arrange vehicle finance for businesses and company directors – indeed, many of our partnering resellers finance their vehicle through us!
Many companies are resisting the need to improve their communication technology and the reason inevitably boils down to money. If a company has cash reserves, they are reluctant to part with it only to regret it in the future; if they have banking facilities available they fear that once used they may not get them extended; and many are apprehensive in approaching the bank and being re-assessed.
The result therefore is that investing in much needed technology is deferred and a ‘make do’ policy remains.
Companies that fail to embrace new, proven technology will ultimately suffer at the hands of better equipped competitors; increased risk of higher running costs and unproductive downtime add to the problem and distract staff and management from performing to their full potential.
Leasing is a specialised form of finance which allows businesses to leave cash reserves and banking lines intact and does not put existing facilities at risk. Unfortunately not all resellers make their customer aware of the facility – and many businesses understandably assume that finance simply isn’t an option nowadays.
When you take a look at the numbers, it seems an obvious route to take.
Assume a new system at, say £20,000 + vat. I love the benefits it offers my business, the savings it will produce, the impact on my marketing, the analysis we can learn from. But £20,000 is a big chunk of money and whether or not I’ve got it, I wouldn’t want to let it go at the moment. We’ll make do.
Consider a lease. The system would cost under £90 + vat a week (based on 72 month lease paid quarterly in advance) – I get the system I want and all the benefits and savings that go with it, I keep my cash and banking lines untouched and I have an affordable rental that is fully tax allowable.
Reseller Support
System Rentals offer a Managed Leasing Solution (MLS) – which is a facility that helps your sales force use leasing productively in the field – but crucially does not distract them with form filling and administration. MLS can include as many of the following as you require.
- Document Completion
- Customer Pre-vetting
- Lease as a Sales Aid Training
- Management Information Reports
- Information Gathering
- Field Accompaniment
- Invoice Management
- Sales Incentives
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