Technology Rental Agreement Funding solutions for technology equipment, software and services that can be ‘off-balance-sheet‘ with affordable, flexible payments and end of term options. What is a Technology Rental Agreement? End of agreement options Keeping up with the latest technology whilst reducing costs is a major objective in today‘s business environment. A Technology Rental Agreement from Siemens Financial Services offers you the flexibility of a finance or operating lease, enabling you to keep up-to-date with the latest technology while ensuring you do not exceed your budget constraints. At the end of the fixed term, the flexibility of a Technology Rental Agreement gives you the options to: The majority of IT project costs can be included, for example; hardware, software, support and associated services. Plus, with our innovative financial solutions we will mitigate the risk of technology obsolescence and assist with the refresh and re-marketing of existing technology. In doing-so, we can reduce the overall leasing costs over the term of the agreement. As the lessee, you may select from a variety of payment profiles, the amounts financed and the term of the lease agreement - from 18 to 48 months. A variety of payment terms can also be arranged to ensure payments are affordable and meet your budget. Financial Services 1 • Extend the agreement for a further year or more, as required • Upgrade your equipment, software etc and take advantage of the latest technology • Return all or part of the equipment back to Siemens. Affordable fixed payments Budgeting for your technology will become much easier, with regular fixed payments, which are not affected by changing interest rates. Moreover, lease rentals are not based on 100% of the cost of the technology leased, making payments even more affordable. Tax benefits Payments may be classified as a revenue expense and are generally tax deductible. In addition, payments are calculated assuming a residual value in the equipment and therefore may be considered as off-balance sheet, depending on the customers treatment of the lease for accounting purposes. Additional benefits About Siemens? A Technology Rental Agreement offers the financial solution you need to purchase the IT equipment, software, service contracts required to meet your business needs. With the added flexibility of maximising the end of term options of a finance and/or operating lease, with additional benefits including: Siemens Financial Services is a leading provider of innovative finance solutions to UK businesses and public sector organisations. With more than 250,000 customers Siemens has arranged finance for 90 of the current FTSE 100 companies and more than 50% of NHS trusts and local authorities. • Maximising your budget; meeting the demands of your IT requirements today, with tomorrow‘s expenditure How to reach us •Protection from obsolescence; with the flexibility to upgrade or exchange your IT equipment to keep up with the latest technology developments Tel: +44 (0)1753 434465 • Flexible financing solutions, incorporating most associated project costs • Agreement terms matched to typical replacement cycles - assisting with standardisation and decreasing support costs • Providing an additional line of credit, freeing up capital for other areas of the business •No deposit is required. Siemens Finanacial Services Sefton Park, Bells Hill Stoke Poges, Buckinghamshire, SL2 4JS Tel: +44 (0) 1753 434000 Fax: +44 (0) 1753 434499 [email protected] www.siemens.co.uk/financialservices 2 If you would like to know more about innovative IT and technology finance available from Siemens, contact us today on: Fax: +44 (0)1753 434356 [email protected]