An operating lease for computer equipment (also known as a fair market value lease) enables our customers to replace and upgrade their business and IT equipment without the risk of it losing its value or becoming obsolete. An operating lease allows for the use of an asset, but the lease term is short compared to the useful life of the asset. As a result, we take a residual value on the asset meaning the sum of the rentals will be typically less than the original capital cost. 

Hand the equipment back and upgrade to the latest technology or extend the lease period for continued use of the current equipment

- The sum of the rentals within an operating lease will typically be less than the original capital cost.

- Provides fixed known costs throughout the contract period. 

- Flexibility to upgrade to new equipment as required or to terminate the agreement early

- The option to hand the equipment back at the end of the term or to continue to use it for a secondary period

- Fixed payments - improve budgetary and planning certainty

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