EB Commercial Finance provides an exclusive range of business and personal finance products, services and benefits to members of the legal, medical and professional sectors.
EB Commercial Finance.  Business Finance from Exclusivebenefits PLC

For Quotations & General Information, please call: 01934 853 333

CHANGE OPTION LEASING

Most organisations today lease their IT and Telecoms equipment and this allows an easy tax efficient method of acquisition. However, some leases offer little flexibility and when your requirement changes, restructuring the lease can be complicated and time consuming.

EB Commercial Finance have a Change Option Lease that can greatly simplify your equipment acquisition and allow you to upgrade and change the equipment on an ongoing basis, often without increasing your monthly payments.


Complete our form.


With the Change Option Lease, at any time during the life of the agreement it is possible to take advantage of an exchange allowance that increases in line with the number of payments already made.

The exchange allowance value is calculated by taking the original payment amount and multiplying it by an exchange allowance percentage as determined by the table illustrated below:

Quarters Paid

 

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

60 Month Agreement

%

3

6

9

13

17

20

24

29

33

38

43

48

53

59

65

71

78

85

92

36 Month Agreement

%

6

13

20

27

35

43

51

60

70

79

89

 

 

 

 

 

 

 

 

Example

Acquiring equipment to the exact value of the exchange allowance

Original Payment

= £1,000 per quarter

After 6 quarters, on a 36 month agreement, exchange allowance

= 43%

43% of £1,000

= £430

New equipment to a payment value of £430 per quarter could therefore be acquired at no increase in payment. Using a rate per thousand of £95* for a new 3 year quarterly deal, £430 equates to an equipment cost of

 

£430/£95 x £1,000

= £4,526

If your requirement is for more or less than your exchange allowance, we can simply make an adjustment to your payment to reflect this, giving total flexibility.

A quick call to one of our consultants will confirm the amounts and then all you need to do is contact your supplier, order the equipment and we’ll do the rest.

*
The rate of £95.00 per thousand is used for illustration purposes only


Complete our form.


If you would like further information on Change Option Leasing, simply call us on 01934 853 333 or complete the
information request form and one of our expert consultants will contact you for an informal chat about your requirements.


All quotations are given with no obligation and enquiries are treated in the strictest of confidence.
 




 


 

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