Value Added Service (Leasing)
Why Own when you can lease it & enjoy the benefits & service just like an owner. As Technology & Products keeps on upgrading it makes no sense to block your valuable equity for an assets which depreciates.
Take the Right Decision
We Understand the Market Economics & also your concerns with the financial budget in deploying mission critical systems . We are here to help by providing finance service offering. your CAPEX Investment can now be converted to OPEX Model is that great ?
Voxtel has exclusively tied up with a renowned European vendor to offer financial services ranging from 12 months upto 5 Years. All you have to do is talk to our Sales Expert & they will assist you in having the tieup in place. The entire process is convenient & hassle-free & offers the customer to maintain a healthy cashflow while enjoying the right systems are in place to run the business operations.
Activities for which we provide leasing
IT leasing - for greater flexibility
Today's businesses are under enormous pressure to innovate in order to maintain their competitive edge. To meet this need, an ever greater number of enterprises are opting to lease the latest and best IT equipment: from telecommunications systems, to servers, to notebooks.
What advantages can leasing offer you?
When you purchase IT equipment outright, it has a typical depreciation period of five years. Leasing accelerates your Cash Flow, allowing you to keep your technology fresh. By allowing you to introduce new systems at an earlier stage, leasing makes you more responsive to ever-changing market imperatives. This translates into far greater flexibility, not only in terms of technology but more importantly in terms of your finances.
What's more, if you lease, you avoid tying up valuable capital.
This is especially important for companies that need to maintain relatively high liquidity. Whereas previously you may have felt forced to continue to use the equipment for longer than really desirable, when you lease you are no longer tied to lengthy depreciation periods.
Another major advantage is that leasing is as good as cash when it comes to discounts, such as for early payment. This is why many companies choose to lease even when there are no tax advantages, as it enables them to negotiate with suppliers as though they are paying cash.
Protect your Capital
Don't tie up precious capital in equipment that rapidly loses value. Instead, safeguard your liquidity by leasing your IT and office systems. Our attractive leasing terms protect your capital and give you greater leverage and leeway when it comes to credit lines with banks and suppliers. The capital cost is spread across the leased item's entire service life. Gone are the days of buying equipment outright before it has begun to pay its way.
We offer you even more. With our trade-up option, you can replace your leased items with newer technology within the term of contract without necessarily increasing your leasing payments.
We provides made-to-measure answers to the imperatives of your business. Our special Masterlease Agreement gives you maximum flexibility. We offer uniquely advantageous terms normally reserved for major one-off leasing arrangements in a defined number of small-ticket items within a given time period (normally 12 months).
- Safeguard your liquidity
- Improve your company's credit rating
- Enjoy reliable budgeting on the basis of consistent leasing payments
- Be sure of access to cutting-edge technology
- Leasing available from a purchase price of AED 3000
What is a full payout lease?Under a full payout lease, the lessor recovers all costs (purchase, finance and other costs) of the leased item in full from the leasing instalments over the course of the term.
How much do I have to spend to be able to lease ?Even small investments can be financed with our leasing arrangement, starting from as little as AED 3000
How can I apply for a leasing arrangement?Get in touch with Voxtel's experienced Sales team so a meeting can be arranged & you are ready to go after initial formalities. The whole process is quick if all relevant documents are in place
What is a trade-up option?All leasing agreements include a trade-up option, which allows you to upgrade your leased items during the contract term. So you benefit from state-of-the-art equipment in conjunction with unchanged leasing instalments, provided you fulfil certain minimum criteria for contract value.
What kind of items can I leaseOur Vendor operates independently of vendors and banks, meaning you are never tied to a particular brand or manufacturer. Our leasing offering focuses on office and communications equipment, medical devices, security systems and production plant. On request, it may be possible to lease other items simply talk to your local GRENKE contact.
When does my lease contract begin?You sign a confirmation of delivery on receipt of the leased item, which includes the delivery date. Your contract term begins at the start of the quarter following this date. During the period between the delivery date and the first full instalment, you pay a daily fee in the amount of 1/30 of the instalment. This period does not count as part of the contract term.
When are the leasing instalments debited?For reasons of cost-efficiency, the debits leasing instalments four times a year (on 1 January, 1 April, 1 July and 1 October). This means instalments are paid in advance for each quarter.
It is possible to switch to monthly payments at any time. However, quarterly payment includes a saving of 1.5 percent. This is not possible with monthly payment, increasing the total amount.
Can I terminate my leasing contract before the end of the term?The provisions of the leasing contract specify that both parties agree that the cost of the equipment will be fully recovered through the leasing arrangement, including any additional charges and interest. The contract can be terminated prematurely at any time; however, the full cost must be recovered.
Are there any additional costs over and above the leasing instalments?Insurance is necessary for all leased items. If you do not have the corresponding cover, Our Vendor can include the equipment within our own low-cost insurance policy. The fee is debited once a year, and varies depending on the purchase price of the items leased.
At what point do I own the equipment?With leasing, you do not pay for the leased item itself, but pay a fee for its use.
In essence, leasing is very much like renting, just for a longer period. For example, if you rent an apartment, your rent does not go towards purchasing the apartment; you are only paying for its use. By simply paying the rent, you will never own the apartment. If you stop paying your rent, you have to move out: you have to "give back" the apartment. Exactly the same applies to leasing.
For legal reasons, a leasing contract must stipulate that the items will be returned at the end of the term. Only then can you fully tax-deduct the instalments. Plus, once you return the leased item at the end of the agreed term, you can immediately upgrade to the latest equipment.
Is the Contract Signed between us & Voxtel
No, The Contract is signed Between our vendor & Your Organization. All terms are defined in the master framework agreement.