FAQs

Your questions about IT finance for the public sector answered - from Syscap, the UK’s leading independent IT finance provider.


Q: How do I arrange finance for my IT needs?

A: Syscap’s approach to IT finance is structured to make your life easy. Here’s how you can get instant access to the technology you need.

  • Choose the equipment and software you want
  • Select the supplier or suppliers of your choice
  • Talk to Syscap about our finance solutions
  • We’ll propose a payment schedule tailored to your needs and put the facility in place
  • Sign and return the Syscap documentation
  • Place the order and arrange delivery from your supplier
  • You’re ready to go!
Q: What are the main types of lease?

A: Syscap’s IT finance experts can talk you through the various types of lease, and help you decide which is best for you. We can guide you through legislative and business issues. Just tell us what you need – we’re ready to help. There are various types of finance agreement in the different sectors we serve, but the three main types of lease (and their defining characteristics) are:

Operating lease

Off balance sheet funding for specialist equipment

 

Finance lease
Full invoice amount is financed
Customer has options to return or continue to use the equipment at the end of a lease
Appears on balance sheet, and payments are usually 100% tax allowable

Hire Purchase

Full invoice amount is financed
Customer normally owns the equipment upon final payment
Appears on balance sheet and capital allowances are claimed

Q: What are the benefits of IT finance with Syscap

A: In summary, the benefits are:

  • It’s good for your budget
  • It offers an alternative source of credit
  • It gives you total flexibility
  • It offers you easy upgrade options
  • Our independence gives you freedom to choose 

Find out more about the benefits of finance >>

If you’re considering a loan, lease, HP, rental or other finance arrangement to help your organisation acquire IT (computer desktop, laptop or server hardware, software, training or services), talk to Syscap first.