TECHNOLOGY FINANCE THAT EMPOWERS YOUR BUSINESS

TECHNOLOGY FINANCE

www.econocom.com

ECONOCOM PROVIDES INNOVATIVE AND BESPOKE TECHNOLOGY FINANCE WHICH EMPOWERS YOUR COMPANY TO BE AGILE, FLEXIBLE AND FOCUSSED

ACCOUNTING BENEFITSYour lease can be structured to be compliant

with accounting standards if it needs to be

off balance sheet, which helps preserve your

company debt and asset ratios. Alternatively,

it can be structured so that all costs are

“below the line” preserving your company

operating profit.

Whatever your accounting standards,

whether IAS, UK or US GAAP, Econocom

has the financial expertise to match

your requirements.

RESIDUAL VALUE IT equipment typically depreciates to

obsolescence over 5 years. Most companies

refresh their IT estate before the equipment

reaches obsolescence, typically 3 years.

By matching the lease term with your

refresh cycle, Econocom shoulders the

future risk of the equipment, not you.

IT residual value at 3 years is approximately

5 - 15%. A 3 year lease can thus help you

save between 5 and 15%.

As arguably Europe’s largest broker in

second-user equipment, Econocom has

the expertise and systems to invest realistic

residual values in all our solutions.

For over 40 years, Econocom has helped its customers in managing and evolving their IT and telecom infrastructures to guarantee them access anytime, anywhere.

Leasing is the only funding solution that helps you increase your savings and benefits. Leasing removes obsolescence issues associated with purchase and all rentals are fully tax deductible, resulting in considerable tax savings.

Why lease with ECONOCOM?

COLLECTION & DISPOSAL Econocom handles the entire

end-of-life process, from collection to

recycling, reselling on the second-user

market or disposal in compliance with

the WEEE directive. Collection and disposal

are included in the lease rate and all

confidential data is removed from customer

systems and warranted to such effect

(compliant with FAST (Federation Against

Software Theft) and Data Protection Act).

SALE AND LEASEBACK Econocom can buy your existing IT estate

and lease it back to you, thereby providing

positive cash flow and all the benefits of

the Econocom inclusive services which our

leasing customers enjoy.

A UNIQUE PARTNER

OVER 8,000 EMPLOYEES ASSISTING

OUR CLIENTS

ACTIVE IN 20 COUNTRIES

OVER 20,000 CLIENTS ACROSS EUROPE

LISTED ON THE BRUSSELS EURONEXT

STOCK EXCHANGE SINCE 1986

INDEPENDENT FROM HARDWARE

MANUFACTURERS, TELECOM

PROVIDERS AND BANKS

2012 REVENUE OF €1.54 BILLION

Econocom finances a wide range of software

projects such as ERP, CRM and warehouse

management systems plus PMS and CMS

systems in the legal sector.

Econocom can also finance your intelligent

devices, also known as Smart Objects (SO).

These intelligent products are able to identify

themselves and/or perform tasks; they

receive or send information using

embedded technology.

Smart Object includes a large range of

products such as: touch screens, tablets (ie.

iPads), smart phones, interactive terminals,

EPOS, PDA, handheld devices, digital signage,

bedside terminals, multimedia terminals,

videos walls and more.

The Smart Object market is expected to grow

dramatically and Econocom is equipped and

ready to provide the right financial solution

for you today!

Econocom can fund all Information and Communication Technology (ICT) assets. This includes laptops, PCs, servers, telephone systems, CCTV, networking, storage area networks (SAN), printers and mainframes.

What assets can we fund?

PRE-LEASE FACILITY

The Project Rental Agreement (PRA) is a pre-lease facility that gives you the

time you need to build up your IT estate

before the start of your lease.

We recommend the PRA for prolonged

investment programmes involving

multiple assets, invoices and suppliers.

The PRA facility is set up for the

anticipated spend and for an agreed

period in which the expenditure is likely

to occur. This is typically 3 to 6 months.

At the end of the PRA, all approved

invoices are drawn down into a lease.

There is no charge for setting up this

facility or any underutilization charge if

the whole facility is not used. The client

only pays an interim charge – applied

on a daily basis – on the amount of the

facility utilised. Should the project lapse,

Econocom can extend the pre-lease

period as much as required.

CLASSIC LEASE

The Econocom Classic Lease is

designed to help you invest in IT while

preserving your cash reserves for core

business needs.

The classic lease is tailored to suit you.

You decide the frequency of your lease

payments and the duration of your

contract. You have complete freedom

over what, when and where you buy;

and we operate independently of

manufacturers, suppliers and banks.

We allow you to spread your cost evenly

over a number of years, without having

to deal with the peaks in investment

associated with purchasing.

Econocom aims to provide a solution

which mirrors your strategy. This might

require a single lease for each financial

year, or one lease per asset type, such

as laptops or servers. Whatever the

requirement, Econocom can structure the

leases accordingly.

What product to suit your strategy?

TECHNOLOGY REFRESH OPTION

TRO is Econocom’s innovative enterprise

financial solution designed to manage your

technology refreshes within a stable budget.

Econocom understands that your

technology is evolving every day. Therefore,

we have developed TRO to help you refresh

your IT when you need, not when the lease

or budget dictates.

TRO is flexible: you determine the renewal

strategy, the timing of your renewals and

the parameters of your lease. TRO gives

you total control: over budget, over process,

over assets.

TRO is clear and transparent: thanks to our

market leading asset management tool;

you can track your assets, invoices and

financial information 24/7.

DUAL EXPERTISE IN DIGITAL

AND TELECOMS

THE ABILITY TO DELIVER INNOVATIVE

BESPOKE SOLUTIONS

A STRATEGIC APPROACH TO YOUR

TECHNOLOGY FINANCE

INDEPENDENT FROM HARDWARE

MANUFACTURERS, TELECOM

PROVIDERS AND BANKS

UNIQUE EXPERTISE

700 ACCOUNT MANAGERS TO

ANALYSE YOUR NEEDS AND ADDRESS

THEM WITH INNOVATIVE, TAILORED

SOLUTIONS

5,000 FULLY-TRAINED ENGINEERS

AND TECHNICIANS

6 SERVICE CENTRES (SUPPORT,

OUTSOURCING, REMARKETING)

PROVIDING THE REQUISITE EXPERTISE

TO DELIVER OUR SERVICES

4 LOGISTICS CENTRES TO ENSURE

PAN-EUROPEAN COVERAGE

OUR RESOURCES

REPLACEMENT SERVICES

Econocom is one of the few companies that

provide replacement services for damaged/

lost and stolen equipment. Econocom

manages the whole claims process for you.

This inclusive service ensures that the total

cost of ownership (TCO) is further reduced.

DEPLOYMENT TO DESK*Econocom is able to provide a ‘Deployment

to Desk’ service. This means we can deploy

pre-configured systems to desk outside

working hours and remove the old

equipment for remarketing. Customer staff

can then carry on working with practically

no interruption.

Europe’s largest independent provider of Technology Finance

*Optional services

Long established in western and eastern Europe, the group also has offices in Morocco and North America

Active in 20 countries

What other services do we offer?

www.econocom.com

London

Eton House

18/24 Paradise Road

Richmond-upon-Thames

Surrey TW9 1SE

T: +44 (0)20 8940 2199

F: +44 (0)20 8948 2793

Birmingham

1 Priestly Wharf

Birmingham Science Park

Aston

Birmingham B7 4BN

T: +44 (0)121 333 4154

F: +44 (0)121 359 4843

Ireland

3rd Floor

IFSC House

Custom House Quay

Dublin 1

T: +353 (0)1 675 0300

F: +353 (0)1 675 0363