ONE OF THE UK’S largest IT company has launched a finance option for companies struggling to raise funds to update their technology.
Advanced Business Finance was launched in partnership between Advanced Business Solutions and funding business Syscap.
The latest endeavour will allow Advanced Business Solution customers unable to commit to upfront capital to make flexible payments to the company, in a leasing model.
Options include payment holidays and seasonal payments, where a company can pay more during their busy periods in the year.
Simon Fowler, managing director of Advanced Business Solutions (commercial division), said: “Against a backdrop of tough economic conditions, organisations can be forgiven for wanting to put their IT investments on hold.
“However, this doesn’t need to be the case. Advanced Business Finance enables repayments of up to five years meaning that organisations no longer need to ‘make do’ with antiquated IT systems that deliver no real business benefit.”
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