Leasing Life - 1 March 2008

Negotiating cries of distress in the asset financing market, market intelligence firm IDC and IT finance provider, Syscap, uncovered buoyancy in the UK IT financing sector.

Syscap's annual industry survey of 330 respondents, identified that 60 per cent of buyers do not foresee any negative impact from the 'credit crunch' on their IT spending plans for 2008. A further 83 per cent of respondents said finance and leasing are primary forms of IT acquisition, because they "allow aquisition without outlay" (60 per cent), "capital to be deployed elsewhere" (57 per cent) and "preserve cashflow" (39 percent).

IDC also predicts that IT financing will shift from operational to finance lease in US and Europe.

Gregory, Katherine

Leasing Life