|
|
Soft Landing with Itochu’s Rent to Buy Option
February 2007 | posted by D
Claxton
Recognising the fact that many
companies, whether recently or well-established, view investment in
new or different technology with some trepidation, Itochu UK is making
available a “soft landing” alternative for their test and inspection
equipment.
By opting for the “Rent to Buy” alternative as opposed to outright
purchase, the customer commits to a relatively low monthly or
quarterly rental, enabling them to both get up to speed with the
system and to begin generating income without the high initial capital
outlay. It is then up to the customer to decide when to make the
purchase and the rental fees paid will, in part, be taken into account
when the balance figure is calculated.
As Graham South of Itochu UK points out “There are a number of other
benefits accruing from our approach. The customer can acquire
equipment when they need it and not when the capital budget dictates.
Furthermore, paying a fixed cost each month out of future revenues
results in easy budgeting and acts as an inflation hedge, whilst
leaving existing capital and credit lines intact to continue
developing the business. The lease rental is 100% tax allowable,
providing a tax efficient way to acquire equipment.
This soft landing approach was successfully used recently by Exception
EMS when they were looking at investment in their third Takaya flying
probe test system. Their new APT9411 system was acquired for Exception
EMS’ Fastrack service using this facility.
For details of the cost benefits of such an approach, contact Graham
South, Itochu’s Takaya Business Development Manager, gsouth@itochu.co.uk
or call + 44 (0) 1580 895550.
|
Home