IT Finance a breath of fresh air

Johnson Reed
2m read

We were recently asked to work with a leading air conditioning supplier in the UK, to help provide new IT hardware to update their ageing infrastructure.

Our client is a large nation-wide corporation, with some high-calibre clients, so having a working and efficient IT system is essential to their continued success and innovation. We helped provide over £75,000 worth of IT hardware finance, to allow them to purchase new servers, desktops, various pieces of IT hardware, and new software.

All of that new equipment meant that the company could stay up to date with technology, improve their operations and maximise their efficiency. There are also cost savings, as it meant avoiding using subcontractors and keeping their IT systems in-house, reducing the long-term cost. Their investment also proves to their clients that staying up to date and continuing to be efficient are a priority, and that they stay on the cutting edge of product design.

What was great about this deal was that it was a classic example of how we can help a company with their IT hardware and software requirements. We were able to fund this deal with no deposit required, no personal guarantees, and no charge on their property. We provided one account manager to deal with their staff, with simple paperwork that was filed and completed quickly. Importantly to the client’s Financial Director, we also allowed them to avoid using their bank for traditional loans, and meant they could offset the cost of their leased hardware against their tax bill.

All in all, another textbook example of IT leasing with Johnson Reed.