Financial products

Your business has a requirement for new technology. Traditionally this has required capital investment. Getting this money can be a major obstacle for small businesses. IT is easier to finance if you think of it as an operational cost - a cost of doing business and not an asset. A similar model can be seen with company cars. For a while now business has been comfortable with the concept of leasing cars. It's seen as an operational cost of the company. IT should be treated in the same way.

Financing IT purchases, however can be more difficult as finance companies are uncomfortable financing items with low residual values. Here are 3 options which may give you alternatives to the traditional capital investment or Bank loan.