Category: leasing

New Start Businesses – Lease Application Process Explained

So you’ve got a new start business and you want to lease your IT equipment. What do you need to do, and how does it work? If you are a new business you are probably well aware of how difficult it is to establish a credit history, as well as how traditional financing methods such as banks can be difficult to deal with. HardSoft can provide from £1,000 to £15,000 of lease finance to new businesses, which can include both hardware and software.

Here we explain our simple application process for new start businesses:

  1. The first step is to establish whether you are a homeowner.
  2. If you are a homeowner, we will ask you for bank statements (either business or personal) in order to assess your ability to meet the lease repayments. If you are not a homeowner, we will ask you to provide a guarantor, such as a director, shareholder, or relative.
    • Unfortunately, if you’re unable to provide a guarantor we won’t be able to proceed with your lease application.
  3. Once you have provided your bank statements, we will review them to prove you can cover payments.
    • A Limited Director’s Indemnity may be requested if you have set up a new Limited Company.
    • If we cannot be satisfied that you would be able to make the repayments on your lease we will not be able to proceed with your application.
  4. If you are looking for an amount in excess of £10k we will request to see your business plan or proof that you have external investment in your business.
    • Once we have seen either your business plan or proof of external investment we will complete your application and proceed with any credit searches.
  5. If you are requesting less that £10k we will complete your application and proceed with any credit searches.

The first payment will be equivalent to one month’s payment, which can be paid by debit or credit card. Occasionally we may require the lease to be over 24 months (rather than 36) and a deposit of three months maybe requested should the ability to repay be difficult to assess. read more

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Storage – Why Use A NAS?

We know our customers and blog readers are pretty savvy when it comes to technology, but just in case you were wondering NAS stands for Network Attached Storage.

In recent years we’ve all been storing more and more information in ‘the cloud’, entrusting some of the most important things in our lives to third party companies who we hope are trustworthy. We obviously don’t want to return to the days of saving everything onto those temperamental floppy disks, but local Network Attached Storage (NAS) is available and there may be more reasons to start using it than you’d think. read more

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Complete our business equipment financing survey

Take our simple survey which will take 90 seconds and get entry into a draw to win a new 12.9″ iPad Pro..

**Start Here**

We are looking to understand how businesses decide upon how to finance new equipment. What are the factors that affect the choice of whether to buy outright or obtain finance.  From this info we hope to provide a wider range of solutions to business. I

t’s a quick 90 second survey and if you participate you will have a chance to win a new Apple iPad Pro 12.9”. The winner will be advised by 10/11/18. read more

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Meet your Account Managers

The brothers in 1983 who started HardSoft

HardSoft has been trading for more than 30 years, started by our founders and brothers – Andrew and Philip Morgan – in 1982. Both have always been at the forefront of computer and IT technology and pride themselves on HardSoft’s ability to stay current and move with the ever changing landscape of the industry. Starting designing and selling computer games for the Dragon 32 back in 1983 then selling Amstrad PC’s in the early ’90’s. The HardSoft Sales team shares the ethos of Phil and Andy. Account managers are always up to date with the latest products and offers, so that we can provide you with the best kit for your needs, at the best price. read more

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