Main Menu

Alcatel

 

 

NEC SV8100

 

 

Samsung

 

 

Save up to $1000 on standard installation of your new Telstra Business System
Telstra Dealer

You are here: Home » Information » Financial Services

Financial Services

Plexus is able to liaise with your preferred financier or co-ordinate finance for you. There are an amazing number of organisations and products available to finance the purchase of capital equipment and a wide variety of products to choose from to assist you with the acquisition of the product.

Why finance the purchase? - advantages to your organisation

Businesses are demanding solutions that will save money and simultaneously deliver proven benefits with relative ease of implementation. Key advantages of financing a purchase of capital equipment over an outright purchase are:

  • Working Capital is not "tied up" or expended.
  • Business efficiency can be improved by acquiring the equipment you need NOW!
  • Finance can be very Tax Effective
  • It is possible to Upgrade or renew the equipment with a good End Term Management
  • the equipment can be OFF the Balance Sheet

"Bundling", Letting the phone bill pay for the system

Over the last five or so years funding a purchase or rental of a Telephone System through the placing of your Telephone Bill with a specified carrier has become very popular. There are now a multitude of suppliers of these plans and they are varied in style and detail. Basically the structure of these plans is your Organisation:

  • Rents, Leases or CHP's the equipment and make a monthly payment to a finance company for a set period of time (e.g. 48 months). The equipment is paid for by the finance company and is then delivered and installed to your organisation.
  • Your Telephone Bill is placed with a specified carrier which gives you a 'rebate' or credit on your phone bill equal to, or nearly equal to, the finance payment you make (This rebate is guaranteed for the term of the finance agreement e.g. 48 months).

The whole deal revolves around the fact that these Call Carriers are able to buy telephone calls at a rate much better than you could get yourself (they buy in many millions of dollars usually) and they can 'sell ' them to you at a rate which gives enough profit to cover the cost of the equipment and the calls themselves. - Remember you do indeed pay for everything; just how it is paid is changed.

NOTE: Plexus is able to offer various telephone system packages designed to suit the specific needs of your company. For more information, or advise on terms and conditions you may need to look out for in bundling deals you have been offered, please email info@plexus.com.au

There are advantages and disadvantages in all forms of Financing.- Rental, Lease, Corporate Hire Purchase (CHP), Custom rent, Operating Lease, etc. Plexus is able to offer all these products through our network of financiers, OR work with your preferred financiers, or Bank.

A listing of some of the features of the many financing options available is listed below:

Rental Plan

  1. Client's are not locked into owning the equipment at the end of the term
  2. The entire rental payment is an operating expense therefore 100% tax deductible
  3. The financier gets the benefit of depreciation claims
  4. Rental does not adversely impact on the balance sheet
  5. Rental has options:
    1. Renter may upgrade equipment during or at the end of the agreement
    2. Return the equipment at the end of the agreed term
    3. Continue to rent the equipment at a reduced rate
    4. Offer to purchase the equipment for fair market value from the financier at the end of the term.

     

Lease Plan

  1. Leasing conserves working capital
  2. Provides budget stability with set monthly payments
  3. Lease payments are tax deductible after you acquire the equipment you may claim the depreciation of the residual cost.
  4. Leasing has end of term options:
    1. Client offers to purchase the asset from the lessor for an amount no less than the residual value
    2. Re-lease the residual value for a further period (conditions apply)
    3. Return the equipment to the lessor who in turn will sell the asset at market value to recover the residual value and selling expenses. Any shortfall incurred is the liability of the lessee

Commercial Hire Purchase (CHP)

  • CHP offers immediate ownership at the end of the set term
  • Fixed installments for businesses wanting to own equipment
  • Conserves working capital
  • Depreciation and Interest may be claimed as a tax deduction based on the extent in which the equipment is financed
  • Client elects the balloon payment at the end of the fixed term therefore payments are tailored to their budgets.

Finance Partners

       

 

 

 

For an Obligation free quote please contact us. 1300 302 276