Are you looking to acquire new equipment to maintain or develop a competitive edge for your business? In the current economic climate, more than ever, cash is king. Conserve your cash for other potential needs and acquire your equipment and services via an asset finance payment solution. If you are acquiring new equipment for an...Read More
So much of our consumer life has become pay-per-use, or on subscription. This trend is becoming more and more common in the business world too under various names – Pay per use, Xaas (anything as a service), cost per measure, pay per measure and the list goes on. As a business equipment or services vendor,...Read More
A critical part of any pay per use finance solution, where variable payments are anticipated, is that of the billing and collecting process. If you are a business equipment or services vendor that is using an asset finance partner or currently considering a partner, you no doubt rely, or will rely, on them for some or all the...Read More
Do you sell to government, education or large corporate clients? If you do, no doubt you have experienced the tender response process, or the negotiations involving multiple legal and operational parties to progress to a signed order. For many government, education or large corporate clients, it is expected that you will offer a finance solution. One that is...Read More
You finance your computer equipment, copiers, furniture, plant and machinery and cars for your business. Did you know, you can also finance your software? This is done with 3E Advantage’s Software and Services Agreement. How does software finance differ from hardware finance? Hardware finance is straightforward for most finance providers. They have a tangible asset, that in most cases has a serial number and that has...Read More
Most IT vendors and resellers are familiar with financing when it comes to hardware sales, but are you aware that you can also fund 100% software sales? With the right payment solution partner, you can access software financing for your software and services solutions. How does software finance differ from hardware finance? Hardware finance is straightforward for most...Read More
We come across this every now and then in our discussions with vendor partners and prospects. Purely looking at the headline figures, self-funding your equipment sales looks appealing. As a vendor, you can access credit at your overdraft rate from your business bank, add a little additional margin to the overdraft rate for your added...Read More
We’re seeing this more often lately with vendors that we speak to about partnering with 3E Advantage to establish an asset finance partner program. When reviewing their current relationship with their incumbent, we are discovering that the partner has been performing the billing and collecting function on behalf of their finance partner. Our immediate question...Read More
Instant Asset Write-off As part of the Federal Government’s economic stimulus package in response to the COVID-19 crisis, popular Instant Asset Write-Off rules have been expanded, with the threshold lifting to $150,000 from $30,000, and business annual turnover from $50 million to $500 million, until 30 June 2020. On 9 June 2020, the federal government...Read More
