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
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Rentals avoid capital expenditure approvals.
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No deposit is required thus reducing the clients cash outlay.
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Monthly rentals can be reduced by the use of annual escalations of up to 10-15% thereby easing up the clients immediate cash flow
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The customer has the option to upgrade the equipment during the contract, thereby
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Providing flexibility to change as technology improves or as the company outgrows the equipment.