Consider Financing Options
Use Opex to unlock project investment
Avaya Financial Services (AFS) provides innovative financing solutions for Avaya's products and services.
They make it easy for customers to acquire or upgrade equipment, keeping them on the cutting edge of technology and helping them effectively compete in today’s rapidly-changing business environment. Unlike many other financing companies, AFS will finance your entire solution: telecommunications and data equipment, services and maintenance.
Leasing rather than buying
A lease is an easy way to enjoy the benefits of the latest technology without assuming the up-front costs, and risks, of ownership.
Simply defined, a lease is a usage agreement between an equipment owner (lessor) and a user of that equipment (the lessee). The lessee pays a periodic fee, usually monthly, to the lessor for the use of the property. Generally, leases take the form of written contracts with specific terms and conditions spelled out: length of lease term (usually 24, 36, 48, or 60 months), amount and timing of lease payments, and any end-of-lease conditions or stipulations.
Benefits of Leasing
Sustains a Competitive Edge
Businesses change almost daily. New competitors, new market forces, new financial strains, and new organisational structures all add up to a need for flexibility. When selecting new technology, one often wonders if it will be replaced by a faster, more powerful alternative next year, or even next month.
Leasing can help avoid the risk of ownership because you only pay for the use of the equipment. When your lease expires, you can then buy the equipment, trade it in for the latest technology, or simply walk away (depending on the type of lease chosen). With leasing, you can put a technological "safety net" in place, so your companies' competitive edge is never dulled by the process of moving up to faster, larger, or different equipment.
Conserves Capital
Leasing lets you keep capital free for investment or other business expenses instead of tying it up in fixed assets. Profits from these investments offset the cost of the lease - you don't have to own an asset to make money using it.
Preserves Existing Credit Lines
Leasing gives you a new source of credit for present and future needs, while existing bank lines remain intact for other uses.
100% Financing
Unlike bank loans, leasing can mean no down payment, no deposits, and no required compensating balances. In most cases, installation, wiring, maintenance, taxes, shipping charges, and even software costs may be included in your monthly payment.
Budgeting Advantages
Leasing guarantees a fixed monthly payment amount for the length of the lease term, so it's easy to forecast your equipment expenses. It also gives you the flexibility to obtain unplanned-for-equipment -- when capital budgets can't be stretched to allow outright purchase.
Pay as You Go, Not Up Front
With leasing, you pay for equipment as you enjoy the benefits of using it.
Perfect Solution for Expanding Businesses
You deserve access to the latest equipment and technology. Leasing protects you from being locked into owning equipment that may not meet your future needs. You will have the flexibility to upgrade to the newest releases, features and functionality as they become available. Leasing is often the financing solution of choice for businesses that hesitate to buy equipment because they fear it will become obsolete before they can fully depreciate it.
Financing Capex
If leasing is not your preference, AFS can assist cash flow by constructing alternative, flexible payment schemes. At certain times, AFS also offers 0% payment terms - you should check with CCT to see what promotions are running at the moment.
The flexibility to create a payment schedule that suits your organisation's special needs is vital. We offer a variety of flexible payment alternatives, including:
Level Payments
With this standard option, your monthly lease payment doesn't vary. The predictability of a fixed schedule of payments makes budget preparation and approval simple.
Quarterly, Semi-Annual, or Annual Payments
These payment alternatives provide the opportunity to better match incoming funds with scheduled lease payments. The result is fewer payments and a lower total financing cost.
Skip Payments
With this option, you may skip payments for a specified period at the beginning of the lease or for a selected seasonal period each year of the contract term -- especially appropriate for seasonal or cyclical businesses.
Step Payments
Your payment amount increases or decreases on a predetermined schedule when you structure your lease contract with Step Payments. Your schedule can be tied to revenue streams or to accommodate budget constraints during a system conversion.