Why would merchants tie their capital up in non-core depreciating technology when they can rent hardware and software solutions as part of Nomads value proposition?
Nomad offers a variety of flexible payment solutions underpinned by the philosophy that you should invest the cash in your business and leave the payment systems and technology on a operating expenses model.
ADVANTAGES OF RENTALS
- Rentals are fully tax deductible, thereby minimizing income tax obligations.
- "Off Balance Sheet" rentals are structured, and may be shown as an operating expense, thus improving gearing ratios
Rentals avoid capital expenditure approvals.
No deposit is required thus reducing the clients cash outlay.
Monthly rentals can be reduced by the use of annual escalations of up to 10-15% thereby easing up the clients immediate cash flow
The customer has the option to upgrade the equipment during the contract, thereby
Providing flexibility to change as technology improves or as the company outgrows the equipment.