AC Adapter 65W

Examples of Leasing Costs

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Leasing not only allows you to improve performance by acquiring the latest technology without tying up capital or existing lines of credit, but it also protects you against future obsolescence – a major issue for IT and computing equipment.

The figures below are for illustrative purposes only and are based on an established company. These figures may go up or down subject to your credit rating.

  Monthly Cost (ex VAT)    
Capital Cost (ex VAT) 2 Years 3 Years 5 Years
£1,000 £51.06 £36.42 £24.90
£2,000 £102.12 £72.85 £49.80
£5,000 £245.06 £171.36 £112.86
£10,000 £487.87 £340.37 £223.18
£15,000 £731.80 £510.56 £334.76

If your organisation needs to acquire new desktop computers, laptops, servers, iPads, networks, infrastructure, printers, telephones systems, or any other technology systems, please contact our leasing team on 01892 785000 or complete the form below to find out more about the best options and rates available.

Leasing FAQs

Ultima introduces companies to Wyse Leasing, who provide a range of flexible finance solutions to organisations in both the public and private sectors throughout the UK and Ireland.

Q. I haven’t used leasing before.

A. Don’t worry, 8 out of 10 accounting firms, Government bodies and 85% of the Times Top 100 companies all use leasing; you will be joining good company.

Q. What is the minimum value I can place on a lease & over what term?

A. The minimum is £1,000 and you can generally choose a term between 12 & 36 months, typically electing to pay your rentals monthly or quarterly but other payment profiles are available.

Q. How are the rentals treated for VAT?

A. Rentals attract VAT in the normal way.

Q. Will I have to pay by Direct Debit?

A. Like most industries you will benefit from the lowest payments if you pay by DD, but it may also be possible to request an invoice only arrangement.

Q. Will I have to put down a deposit?

A. No, you only make your first payment when you take delivery.

Q. Will I own the equipment at the end of the term?

A. With a standard rental agreement you will be offered a number of alternatives at the end of the agreement period whereby you can retain the use of the equipment for as long as you want. However, for you to have gained the best tax advantages during the term you will not legally own it.

Q. What happens if the goods become obsolete or need to be upgraded?

A. One of the main reasons for leasing is to match the rental term to the duration that you believe the product will have a fully productive life. You can at any point in the rental period upgrade the equipment and your payments will alter accordingly. The upgrade path is another benefit of leasing.

Q. Can I lease the use of software or other non-tangible items?

A. Wyse Leasing can offer facilities to finance items such as these.

Q. What happens if I don’t keep up the payments?

A. Like any agreement, you are agreeing to make the payments as set out in the document, if you fail to make these payments then steps will be taken to remove the leased goods and enforce the terms of the agreement.

Q. Will signing a lease reduce my ability to gain credit elsewhere?

A. No, signing a lease through Wyse Leasing will leave all your present lines of credit in place, if anything it will help you gain more credit in the future.

All lease rental agreements are subject to status and satisfactory credit clearance.


Get In TouchIf you would like any further information or advice on IT leasing please contact us on 01892 785000 or fill in the callback form below and a member of the team will call you back at your specified time.

Leasing Computer Equipment

leasing computers.jpg

Leasing is a means to pay for any capital purchase with low fixed monthly rentals, which means you can budget and manage your cash flow in a more cost efficient manner. It is a way of managing obsolescence without writing off large single sums and for many businesses is a tax efficient way of acquiring the equipment needed to run the business.

Leasing allows you to invest your money in other areas where you will get a higher return on capital employed. It is the route to bridging the gap between what you need and actually can afford. It means you can have tomorrow's technology today. What's more, rentals are fully allowable against taxable income, similar purchases are not.

Ultima is a complete IT solutions provider, supplying servers, workstations, notebook computers, iPads, structured data and voice cabling, software, and telephone systems. We can arrange flexible finance agreements, tailored payment patterns and assist you all the way. We can also arrange for special rates to the education, professions and public sectors. Examples of leasing costs are available here.

Some of the benefits of leasing IT equipment include the following:

  • Leasing offers a cost efficient path to continual technological upgrades.
  • Leasing allows you to have the equipment that you need rather than the equipment that equals your capital budget.
  • Sometimes you do not need to pay a deposit, just the first payment in advance.
  • Existing lines of credit are preserved, so that these are available for more effective use elsewhere in your business.
  • Lease rentals are a fully tax deductible expense offering a tax efficient means of obtaining new equipment.
  • Fixed leasing commitment enables easier budgeting, assists with forward planning and protects vital cash flow.
  • You do not bear the burden of ownership and disposal of equipment.
  • Leasing means you do not have to wait months or years to recover your capital investment, as increased income and efficiency from your new equipment may pay your lease payments and reduce costs. Leasing provides you with the benefit of flexibility for future equipment upgrades to match the changing needs of your business.

We can arrange the right lease or purchase agreement for your business. Please call us on 01892 785000 to discuss your requirements. We can normally have an approval in principle within an hour.

If you would like any further information or advice on IT leasing please contact us on 01892 785000 or fill in the callback form below and a member of the team will call you back at your specified time.

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