Excell Financial Services
Excell Financial Services is a name synonymous with Excell's own standards. This united approach makes the process of obtaining technology even simpler with upgrading or adding to a solution becoming easier for you if you rent. You are able to finance both soft costs and software, for example training, consultancy, connection charges and cabling.
What are the key customer benefits of the Rental Agreement?
- Makes the ICT more affordable - Payment in cash means you may not be able to afford the solution that best suits your business. Renting enables you to spread the payments over an agreed term, which allows more freedom to acquire the technology you want now, as opposed to waiting for funds become available.
- Preserves Credit - renting does not impact on your current credit lines with your bank or other finance provider.
- Provides 100% financing - the complete ICT solution including hardware, software and soft costs
- Conserves capital - renting frees up working capital which can be redeployed into other areas of your business.
- Removes the burden of ownership - assets lose their value over time, and this is particularly true in the case of ICT. As the finance company own the asset, they take on this burden.
- Can offer tax and accounting advantages - the payments you make are rentals, and as such, fully deductible operating expenses for tax purposes. (Subject to auditor's approval)
- Allows you to keep up with technology - You are free to add to or upgrade your solutions as required, with minimal or no impact on rental payments. (Subject to credit approval)
What equipment or services can be included in the Rental Agreement?
Experience has shown that customers require a whole spectrum of ICT, software, connection charges and consultancy options. As such, our Rental Agreement has been built to accommodate the following:
- Voice technology
- Data
- Soft costs - items and services delivered prior to installation such as connection charges, training and consultancy
What happens at the end of the agreement?
There are a number of options, you can:
- Continue the rental and use of the ICT
- Upgrade the rental to take advantage of the latest technology
- Cancel the agreement and return the ICT