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Apple Financial Services

Apple Financial Services (AFS) provides finance leasing for educational 
institutions. It gives you the use of Mac systems for a pre-agreed 
cost and period of time, with 100% of the capital cost spread over 
the lease period. This flexible finance lease has many operational 
and accounting benefits that make the whole finance process simple 
and easy to manage, leaving you to concentrate on more important 
things — like teaching and learning.

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Benefits of Finance Lease

Obtain more equipment up-front
Helping you to achieve Government targets more easily; 
by taking into account your future budget now, an AFS 
lease will enable you to acquire almost three times the amount of equipment that you 
would be able to purchase when paying cash.

Maintains credit lines for other use. 
Equipment can be acquired without impacting other credit lines, such as loans and 
overdrafts, that are useful for fixed assets or non-tangible investments (offices, people, 
training) or working capital financing.
 
Payments are fixed for the term of the contract 
You are protected from changing interest rates, enabling accurate budgeting and cashflow projections. 

Keep your ICT equipment up to date. 
With an AFS lease you have the flexibility to add-on, upgrade or refresh your equipment 
at any point during the period of the lease. Remember the saying: “finance a depreciating asset, pay cash for an appreciating asset”.

Acquire Quality Technology in Sufficient Quantities
Students and teaching staff will benefit from being able to afford more high tech equipment 
in larger quantities from day one.

Finance the Total Solution. 
Hardware, software, maintenance and training can all be included under an AFS lease.

Protected Credit Lines. Keep credit lines open for other purposes, such as non-tangible investments in people, training and offices.

 
 Length of Term       24 to 36 Months
 Minimum Order Value  £1,000
 Equipment Mix  80% Hardware
 Deposit  None, first payment due when equipment is delivered
 VAT Treatment  VAT included in rentals
 Payment Method  Direct Debit
 End of Term  Options  Extend lease for a further period of time or Return the equipment
 Ownership  The equipment belongs to Apple Financial Services
 Balance Sheet  Off company’s balance sheet
 
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