Our latest addition to the site is the IT equipment section.

IT equipment is arguably the broadest category of equipment that is leased. Almost all businesses will have some need for IT equipment. The clients we provide finance for differ a lot with regard to IT. Some companies are based on IT like graphic designers and software companies. For them we often have dedicated leases for large servers and work stations. Larger companies require lots of networking equipment such as routers and servers.

We’ve found that for IT equipment people like to lease for 4 years on average but that choice is quite industry specific. Graphic and Web designers really need to be on the cutting edge so they tend to lease for as little as 2 years whereas a regular office is closer to 4 years. The way Moore’s Law works means that 4 years is generally a good time to replace. After that the progress of software due to faster new computers mean that your old machine will slow down.

If you like to combine financing IT equipment with an Office fit out, that’s no problem.