News & Insight

Stretch your cashflow with tailor-made IT rental finance solutions

The world of work has changed drastically, as businesses now mainly operate outside of their physical office locations. Employees having access to the right IT equipment and software is now more crucial than ever. Fortunately there is a way to enjoy the benefits of the latest technology available while minimising expenses and optimising cashflow.

The impact of COVID-19 on IFRS 16 Leasing compliance

Due to the COVID-19 outbreak, which has had a dire effect on many companies worldwide, the International Accounting Standards Board has issued an amendment to IFRS16. This adjustment will make it easier for lessees to account for COVID-19-related rent concessions, such as rent holidays and temporary rent reductions.

Broaden your business horizons with rental solutions

We now offer outsourced rental solutions that allow businesses to propose a competitive, market-leading solution to their clients. As a leasing partner, we have been able to assist our suppliers in providing an additional option to their customers who may not currently be able to afford to buy assets. Take advantage of our unique sub-lease arrangement, where we act as the financier, at no risk to the supplier.

Giving your business’s future a fighting chance

In the current market, it’s essential to conserve cash for core activities during the lockdown. Potential ways to achieve this are reducing non-essential operational expenses and by utilising financial aids. Apart from saving money by reducing expenses, there is another answer: injecting cash into your business.