About Xerox Finance

As a wholly owned subsidiary of Xerox, Xerox Finance's sole purpose is to support the products Xerox makes, the partners who sell them and the customers who use them. Xerox Finance's objective is to supply the best financial solution to suit your requirements, which is why we have a range of products to meet your every need:

Minimum Period Rental Agreement (MPRA)

Provides customers with an affordable mechanism to lease equipment required by their businesses, without the burden of a large capital outlay.

Benefits:

- Match payments to requirements
- No need to tie up other assets in the form of security
- Easy budgeting as the amounts are fixed over the life of the agreement
- No need to bear the cost of disposing of the asset

5% Steps

Provides customers with a solution requiring lower initial payments that increase periodically over the life of the contract.

Benefits:

- Payment matches the strengthening cash-flow of a new business
- No need to tie up other assets in the form of security
- Easy budgeting as the amounts are fixed over the life of the agreement
- No need to bear the cost of disposing of the asset

Payment Deferrals / Profiles

Allows for initial payment holiday or variation in actual rental payment.

Benefits:

- Minimize initial outlay or investment cost.
- Match results to cash flow budgets.
- Easy budgeting as the amounts are fixed over the life of the agreement.
- No need to bear the cost of disposing of the asset.

Purchase Plan

Provides customers with an affordable mechanism to acquire equipment required by businesses without the burden of large capital outlay.

Benefits:

- Title to the asset at the end of the contract. Spreads the cost of acquiring title.
- Easy budgeting as the amounts are fixed over the life of the agreement.
- No need to bear the cost of disposing of the asset.

Tax Relief

Lease payments are 100% tax deductible therefore reducing your tax burden.

No Capital Outlay

There is no capital outlay or deposit required - just the rentals paid in advance

Ease of Budgeting

Leasing provides certainty and ease of budgeting as your payments are fixed over the life of the equipment. Also if your business is controlled by capital expenditure budgets then leasing may well help you overcome your problems as it will be easier to obtain sign off for a lease rental amount.

Improved Cash Flow

Leasing can save you from sinking capital into a depreciating asset enabling you to invest in product development, marketing or other business opportunities.

Upgrading Existing Equipment

If the equipment is purchased, it may drop in value quickly due to the ever changing world of technology. With leasing you can upgrade at any time allowing your business to keep up with the latest technology on the market. This will mean no waiting for months or years to recover capital costs.

Future Credit

Leasing gives you an additional line of credit and does not affect your existing credit lines. Also, unlike borrowing from bank, leasing will not tie up any assets in the form of security or collateral and are not affected by fluctuations in interest rates.

Potential credit benefits

Lease payments are 100% tax deductible which makes leasing a highly efficient financial strategy for all types of business