IKON Technology Finance

Our focus at ITF is to provide rental asset finance solutions that are tailored to the needs of businesses of all sizes. That's why we offer flexible rental asset finance options that allow you to conserve your cash flow and invest in the equipment you need to grow your business. - Lets talk Process- After you have selected the hardware you require to move your business forward, download, complete and submit the application to us. Your application gets assessed and we will request the required support documentation from you based on the amount of capital required. Your supplier submits his quotation to us and once all documentation is received we process your application for an approval. Once approved, the Supplier will get the green light from us to install your new equipment. On completion of a successful installation we will finalize the documentation with you. Documentation gets verified and you receive a call to confirm your total satisfaction with your new equipment. The supplier then submits his invoice and we make payment the equipment. - Lets talk benefits - With asset rentals we facilitate the acquisition of critical business operating equipment so you can preserve your cashflow. No Deposit or capital expense (CAPEX) is required with rentals and this keeps your working capital intact. Rentals are off Balance Sheet expenses so it wont affect any financial ratios. Asset rentals reflects as an operating expense in the Income Statement making it 100% deductible. VAT is paid monthly and is offset against the business’ VAT charged. Fixed annual escalations can be used to lower monthly rental amounts to suit historic budget increase patterns. With rentals you can acquire a wide range of business asset classes and upgrade should the business requirements change.