Business phone systems have come a long way over the past decade. New technologies like call forwarding to cell phones and advanced voice-activated voicemail capabilities make today’s office communications far different than just a few years ago. Phone systems of today also might tie in with computers, making “staying current” important to your business communications. ( VOIP systems ).
Innova Global understands how valuable your phone system is to your business, which is why we’ve become specialists in financing business phone systems. Whether the phone system is new or an upgrade, and whether it’s for one location or needs to be spread out over a dozen, Innova Global understands the need for the best phone system technology. This is why we offer a best of phone system financing options tailored to your specific needs. In addition, our easy application and quick approval will make financing a phone system as simple as pressing 1 to continue. Contact us today to learn more.
• Requires less money up front• Permits soft cost financing• Preserves bank credit lines• Offers flexible payment options• Allows upgrades and add-ons quickly and easily• Protects against technological obsolescence• Minimizes balance sheet liabilities
•Application approval within 2 hours•Funding within 24 hours•Simple, one-page lease documents•Personal, one-to-one service from a dedicated account manager•Sales and marketing support•Competitive lease rates
1. Total system ( cabling , installation and hardware ) Cost Divided by 12 = Monthly Payment2. Total Term = 13 Months3. Zero Down Payment4. Purchase option = $1.00 Buy out5. Interest = 1 Payment6. Minimum transaction size of $3,000
A PBX phone system (or a private branch exchange as it’s also known) is a phone system network used within a company. PBX phone systems make calling a person within your organization easier since extensions are usually just two or three digits long. To make buying easier, offices look into PBX financing.
|Phone Server Financing|
A phone server allows your office to have an advanced phone system with different abilities. Such abilities can include voice mail, recording features, a voice prompt menu, and more. Depending on the options needed, they vary in expense from moderate to very expensive, so offices should look into phone server financing.
|Voicemail Systems Financing|
A voicemail system is your company’s voice when you or your employees aren’t able to answer. Voicemail allows for the efficient recording, storing and playback of messages. The cost depends on what options you want, but voicemail system financing through Crest Capital always helps reduce financial headaches.
|Phone System Handset Financing|
A phone system handset usually refers to non cellular phones. Phone system handsets are the traditional phones (both wired and wireless) you see in most offices. New, high quality handsets can make all the difference in your phone system. Any office wishing to offset the high price of new handsets should look into phone system handset financing.
|VOIP Phone System Financing|
A VOIP phone system is a specialized system that utilizes software to create an advanced phone system that runs from an internet server, thus minimizing the need for traditional phone service. The cost of VOIP phone systems run from moderate to very expensive so offices should look into VOIP phone system financing as an option.
|Module Phone System Financing|
With financing, there are very little upfront costs. Zero to two month's payments may be due at the start of the finance contract. And, you can cover soft costs such as installation and shipping. Conversely, a typical bank loan does not cover soft costs and may require as much as 10 - 20% down.
Tax and accounting benefits
The IRS does not consider Tax Leases (FMV, 10% Option, TRAC) to be a purchase, but rather a tax-deductible overhead expense. Therefore, you can lower your taxable income by deducting the lease payments. Non-tax ($1.00 Buyout, 10% PUT, SD=BO, EFA) are attractive to business owners who want the tax benefits of ownership - use of IRC 179, accelerated depreciation. Consult a tax advisor on the specific impact.
Balance sheet management
Because a Tax Lease is not considered a long-term debt or liability, it does not appear as debt on your financial statement - making you more attractive to banks by improving ROA due to a lower asset base.
- Unlike loans, you can structure payments to meet your cash flow including deferred and seasonal payments. Convenient end of financing options exist too: purchase equipment, return equipment or renew the contract. If you need to terminate the finance contract, a buyout can be figured.
- Upgrade technology
- If your industry demands that you have the latest technology, financing can lower obsolescence risk because you can upgrade or add equipment to meet your ever-changing needs. And, it’s simple with a Master Agreement!
Respond quickly to new opportunities with minimal red tape – less than a loan. Your application can be approved promptly and you can have your equipment quickly.
Improved cash flow and forecasting
Lease payments are historically lower than loan payments, conserving cash for other uses. With leasing, you know the amount and number of lease payments over the life of the lease, so you can accurately forecast cash requirements.
Conserve credit lines
A loan immediately reduces your credit line. A lease doesn’t affect your credit line.