BANK vs FINANCE
BANK FINANCE

No fixed interest rate

Fixed rentals regardless of LIBOR

No ability to upgrade or expand your system

Built in upgrades for system add-ons

Loan tied in with your banking commitments

Finance kept separate from core banking arrangements

All your borrowings viewed in one facility

The ability to utilise other sources of funding

Using valuable credit lines

Additional credit lines

Loan repayable on demand

Term fixed

Often personal/ asset charges taken

No security over your existing assets

Often services and maintenance cannot be financed

Total solution finance available

Offer general banking services

Specialists in financing IT Solutions

 

 
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