Capital Equipment Procurement – Lease or Cash Purchase?

A major advantage of leasing capital equipment is that it allows companies to source and pay for their software and hardware equipment items over a period of 3 to 5 years at a fixed rate.

Cash purchasing is a viable option for companies who have the financial reserves and are happy to use their cash in a one off payment.

Example 1. Sharp-aX Purchase Agreement for Capital Equipment valued at £25,000:

Capital Equipment

Example 2. Sharp-aX Lease Agreement for Capital Equipment valued at £25,000:

This system is more convenient for smaller companies and newer companies to secure the best and most suitable software and hardware for their needs.

Upgrades, maintenance and repairs may be managed inside the lease agreement itself with an option to purchase the equipment after expiry of the lease.

Customer Benefits of Leasing

* No Capital Expenditure and the customer recovers their initial sales deposit
* Releases capital to be used more profitably in other areas of the business such as stock & premises
* Fixed term contract – allowing for effective budgeting
* Fixed payment terms – a ‘hedged bet’ against inflation
* Preserve other credit facilities
* Equipment consumed may be upgraded at any time, including mid-term of the lease
* Rentals are 100% offset against taxable profit
* Provides the equipment that you need today

Supplier Benefits of Leasing

* Higher value or function equipment can be proposed for relatively small monthly cost increases
* Rapid turnaround of applications: potentially within 4 hours
* Simple upgrades can be included in the lease

Contact us now – we can help you!

At Sharp-aX we listen carefully to the customer and their unique requirements and we have access to the best financial services available.

If you would like to discuss the issues raised within this blog, by all means get in touch here.

Posted: 18th October 2017

Posted in: Sharp-aX

Customer Feedback

"The installation has gone very well, and it has saved us a lot of time and made us more efficient especially on the sales desk. We plan to grow the system over the next few years as the company grows"

Mark Slater, Manager
M&S Distributors

"I have worked closely with the Sharp-Ax Web Development Team for more than 4 years now. When we first started working together, I was incredibly green and had little knowledge of how to go about creating a website.

Sharp-Ax were incredibly patient and helped me through the early stages, quickly earning my trust and respect.

Throughout the process they have come up with some truly innovative solutions to tasks I have set and have worked with me to achieve a platform that I am very happy with.

I would wholeheartedly recommend them to anyone that is looking to either start a website from scratch or are looking to move their business. It sounds corny Jean, Manish and the rest of the team do actually prioritise the customer experience, which in this day and age is refreshing"

Gary Sanderson
Metro Fixings

Skilled, reliable, and excellent customer care

"I've been working closely with the web team at Sharp Ax now for over two years, and during that time they have always been thoroughly professional, reliable and most importantly, very good at what they do.

Our site has gone through strength to strength since we went live around 18 months ago, and it has now become a vital part of our business. We regularly receive glowing compliments about the layout and usability of our website from customers and suppliers, and while I would love to be able to take the credit for it, this is largely down to the website template and CMS, which is simple and easy to use.

As with all tech installations you may get the odd hiccup or something may not integrate seamlessly with your own system at first, but the best thing about Sharp Ax is that any problem is fixed quickly and with the minimum of fuss. It is clear that they prioritise customer satisfaction, which is refreshing to see from a tech company.

I would not hesitate to recommend this company to anyone and I look forward to continuing a strong working relationship moving forward"

Mark Collins
TC Fixings

"We had a big increase in our daily workload as we set up the new system. Our software problems proved to be minimal though and Sharp-aX came to our aid whenever required, so we were able to move forward with total confidence"

Dave Mansfield, Senior Systems and Network Administrator
Apex Grange Ltd

"We wanted to set the company up for the next 15 years with a totally modern Microsoft windows system that has everything we need and all the features that we will need as we grow, and is easy to use. Already it is like having another member of staff and we have all the daily knowledge we need at our fingertips. The sales order processing is splendid"

Simon Carter, Company Manager
Carter Mason Electrical Ltd

"I've looked at different systems and picked Sharp-Ax from Sharp-aX Computer Systems, because it used all modern windows techniques and was by far the best I saw; they are very experienced in electrical wholesalers systems and while they are a large software house which is reassuring, you are still treated as important, whatever size you are"

Jon Bishop, Branch manager
Connect Electrical