The motivation to finance IT is being driven by a combination of technology and financial management decisions. Acquisitions are no longer solely driven by economic factors but a host of other influences such as maintaining, upgrading and supporting an IT infrastructure. As many as 94% of the Times Top 100 UK companies, nine of the top ten Chartered Accountancy firms and 90% of Local Authorities enjoy the benefits of lease finance (source: The UK Capital Expenditure Statistical Office and Finance & Leasing Association). Why then are so many organisations financing?

Conserve cash
By spreading the cost of the IT system over a pre-agreed term, valuable cash flow resource is preserved. Payments can be individually tailored to your plans with flexible schemes including deferrals, stepped and seasonal repayments.

Life cycle savings
Since you pay only for the use of the products, financing allows you to make considerable lifetime savings compared to outright cash purchase (often referred to as total cost of ownership). Companies who elect to purchase will often be depreciating products long after their practical value has passed and the hidden cost of maintaining legacy systems must also be considered.

Growth potential
The acquisition of new IT products and services are necessary to maintain growth, improve operating efficiency and increase revenues. By scheduling affordable periodic payments over the useful working life of the system, you can relate day to day benefits to day to day costs.

Additional credit line
Your ability to utilise loan or overdraft facilities is not affected by financing through GC. Existing credit lines can be retained to finance other areas of your business operation.

100% financing
A deposit need not be a prerequisite within GC's financing arrangements.

Planning confidence
We offer fixed rate agreements so your repayments need not change due to fluctuations in interest rates. This simplifies budgeting and helps you plan the ongoing development of your IT resource.

Refresh your technology
Our finance agreements are as fluid as your ever-changing needs. GC provides upgrade and exchange programmes designed to help you take advantage of new technology. This removes the risk of technological obsolescence, which is regularly associated with cash purchase. If you would like further information, please send an e-mail or call us directly on 020 8255 5505.