Leasing Info & Help
Asset Finance
Software leasing also known as a 'Software Loan', offers great advantages although due to licensing laws the majority of funders do not offer a conventional finance lease arrangement for software. Software is generally considered legally as "immaterial economic goods", which can make the financing of software often problematic alone.
Software Loan
A software loan is generally struck which does not involve taking title in the software. The loan can be made payable either
directly to the supplier or the customer themselves for staged payments. This can be useful as software often has a commissioning
period and staging the payments allows the customer a degree of control over the purchase transaction. At Fulton we can offer
software loans helping you to distribute the cost of licences across the service life of the product.
Keeping Software Current
Software that is purchased may quickly become out-of-date or superseded, resulting in the need to purchase the next version at
significant cost. This won't happen with software finance from Fulton.
