Finance For Your Client
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Before the Cloud revolution, Software was sold to businesses as a perpetual licence, otherwise known as “On-premise” or “On-Prem”, where the software licence is installed and run on servers held within your business premise, and typically charged to you as a server licence with an agreed number of users.
Tower will create a fixed price facility taking the whole cost of the acquisition, including the full licence cost, implementation services, and annual support/maintenance, 1 to 5 years depending on your appetite, credit covenant and deal size.
Typically we will provide our clients with a Fixed Term Lease agreement when funding on-premise software solutions. This gives the client the ability to claim Tax Relief. If a business is profitable and pays corporation tax, your overall spend on on-premise software can actually be less than the total cost of paying from capex. Our tax relief document explains this in more detail.
Other Finance for my Clients:
We have expertise in technology finance solutions
Tower have specialist staff that have sold software and the finance to acquire it, who understand the market and can work with your sales team to create a compelling offering to your prospects and clients.
Lease vs Buy
Did you know by choosing to lease, you could receive fantastic tax benefits?
We don't just do leasing
Discover our finance solutions to support your business growth