Technology financing

Tech finance combines technology and financing propositions. The vendor supplies the technology, whilst Siemens Financial Services provides an appropriate financing package.

Our technology financing packages are powerful sales tools. Use them as an integral part of your sales cycle to support and grow your business.

Increase your turnover

The most common barrier to closing a deal is price, but this is easily overcome with an affordable alternative to capital expenditure – such as a financing agreement from SFS. We pay you the full price of the technology solution when the contract is activated, and the end-user rentals are spread throughout the finance period. This gives you an opportunity to increase sales, both in terms of unit volume and value per unit.

Enhance your profitability

Cash price negotiations with a customer can often develop into conversations about discounts. Quoting an affordable SFS rental price can relieve the pressure to reduce prices, thereby maintaining a sell price and, ultimately, delivering greater profitability.

Improve your cash flow

Reduce requests for credit terms and associated follow-up resource with an SFS financing product. Sit back and enjoy simple administration and immediate payments.

Make the most of your customer base

Maximise the potential of your customer base with end-of-finance-period and upgrade opportunities.

Faster financing decisions

SieSmart is an online, multi-language, multi-currency finance application tool that provides instant, automated decisions, so you can close deals faster.

Speedy processes

We equip our vendors with various tools to finalise deals quickly by utilising digital platforms and offering e-signature capability, allowing for the swift online processing of documents.

With a tailored financing package from SFS, your customers have better access to hardware, software, services and cloud technology, that will help them stay in step with their competitors, increase productivity and drive efficiency. Thousands of businesses throughout the UK choose to finance technology purchases through SFS because of the advantages it offers over other forms of finance.

Conserves working capital

Purchasing technology solutions outright could restrict a business’ resources. Affordable financing options from SFS allow customers to save working capital for other projects such as marketing, training and product development.

Upgrade options

Financing through SFS allows businesses to stay ahead of dynamic changes in technology use and respond to competitive pressure. We make it easy to upgrade technology, either during or at the end of the financing period, to accommodate this rapid pace of change.

Convenience

The vendor and SFS manage all the necessary documentation. We arrange finance to suit the technology in question, making acquisition straightforward whilst ensuring the term of the agreement is in line with the useful life of the technology solution.

Easier budgeting

With technology financing, you have fixed payments, making budgeting simple and predictable for the agreed term with no unexpected outgoings, unlike an overdraft or other funding methods.

Future credit

Customers electing to finance technology solutions in this way leave existing lines of credit intact, for use in the future if required.

Tax efficiency

You can deduct 100% of rental payments from taxable profits, potentially reducing equipment costs*.

*For more information about tax efficiency please contact your accountant.