Technology Financing

Empowering businesses to finance innovations

Why finance technology with Siemens?

We draw on a wealth of funding knowledge to offer a range of flexible solutions, each designed to support your sales and enable your customers to acquire the best technology solutions for their needs. Continued innovation in automation and online digital tools ensures that we deliver high-speed decisions and processes to the market, so you can close more deals, faster.

Many of our vendor relationships go back decades which is testament to our consistency and reliability. As an experienced lender, our access to available funds and our position as part of the Siemens Group makes us a dependable finance partner for technology vendors.

Flexible financing packages

Our financing packages are tailored to the individual customer and the technology they’re purchasing, enabling you to offer complete, customised finance solutions.

Technological and financial expertise

Only a financing partner that understands the technologies in question can develop appropriate solutions. When you work with with us, you’re equipped to meet your customers’ needs without the limitation of budget constraints.

Entrepreneurial thinking

We use our market expertise to consider the business opportunities that can arise from an investment. As a vendor, you can leverage this knowledge to offer your customers affordable finance solutions and start building long-term relationships of your own.

Tech products we finance

illustration of desktop computer and mobile phone

Hardware

Desktops, laptops, notebooks, tablets
Communication devices – smartphones, cordless phones, VoIP phone, IP phones
Communication hardware – conferencing and AV devices
Storage – flash memory, hard disks, serves, networking devices, SSD drives
Accessories – screens, power devices, cabling

Software

Operating software
Application software

Application development

Cross-platform application development from design to implementation

Services

Provided by vendor either directly or through the reseller
Installation, consultancy, support & maintenance

Cloud

Hosted access to data – through vendor, reseller or third party

How does technology finance work?

diagram of a vendor supplying their customer with technology

Tech finance combines technology and financing propositions. The vendor supplies the technology, whilst Siemens Financial Services provides an appropriate financing package.

How does my business benefit?

Our Tech finance packages are powerful sales tools. Use them as an integral part of your sales cycle to support and grow your business.

Increase your turnover

The most common barrier to closing a deal is price, but this is easily overcome with an affordable alternative to capital expenditure – such as a financing agreement from SFS. We pay you the full price of the technology solution when the contract is activated, and the end-user rentals are spread throughout the finance period. This gives you an opportunity to increase sales, both in terms of unit volume and value per unit.

Enhance your profitability

Cash price negotiations with a customer can often develop into conversations about discounts. Quoting an affordable SFS rental price can relieve the pressure to reduce prices, thereby maintaining a sell price and, ultimately, delivering greater profitability

Improve your cash flow

Reduce requests for credit terms and associated follow-up resource with an SFS financing product. Simply sit back and enjoy simple administration and immediate payments.

Make the most of your customer base

Maximise the potential of your customer base with end-of-finance-period and upgrade opportunities.

Faster financing decisions

SieSmart is an online, multi-language, multi-currency finance application tool that provides instant, automated decisions, so you can close deals faster.

Speedy processes

We use a range of tools to ensure our vendors can finalise deals as quickly as possible. Digital platforms and e-signature capability mean documents can be processed swiftly online.

How does my customer benefit?

With a tailored financing package from SFS, your customers have better access to hardware, software, services and cloud technology, that will help them stay in step with their competitors, increase productivity and drive efficiency. Thousands of businesses throughout the UK choose to finance technology purchases through SFS because of the advantages it offers over other forms of finance:

Conserves working capital

Purchasing technology solutions outright could restrict a business’ resources. Affordable financing options from SFS allow customers to save working capital for other projects such as marketing, training and product development

Upgrade options

Financing through SFS allows businesses to stay ahead of dynamic changes in technology use and respond to competitive pressure. We make it easy to upgrade technology, either during or at the end of the financing period, to accommodate this rapid pace of change.

Convenience

The vendor and SFS manage all the necessary documentation. We arrange finance to suit the technology in question, making acquisition straightforward whilst ensuring the term of the agreement is in line with the useful life of the technology solution.

Easier budgeting

Unlike an overdraft or other methods of funding, payments are fixed. This allows for simple budgeting for the agreed term, with no unexpected outgoings.

Future credit

Customers electing to finance technology solutions in this way leave existing lines of credit intact, for use in the future if required.

Tax efficiency

100% of rental payments may be deducted from taxable profits, which could reduce the overall cost of renting the equipment.*

*For more information about tax efficiency please contact your accountant.

Available 24/7, our digital tools enable you to securely and conveniently access your finance portfolio

MySFS

For those who are out on road meeting clients, generate a quote quickly in only 4 steps with our award winning app. Propose and sign deals via e-signature anytime, anywhere and on any device without needing to return to your office first.

SieSmart & E-Signature

Specially designed for our equipment, machinery and technology vendors and other business introducers, our SieSmart portal provides comprehensive support for sales working with SFS – and ultimately means a fast and flexible integrated financing for vendor and introducers’ customers.

Extensive functionality includes quotation engine, instant decisions, the ability to tailor agreement terms and generate e-documents for e-signature.

For vendor and introducer finance agreements already arranged via SFS, access to your own live portfolio and quick generation of upgrades to serve customers efficiently and effectively.

Talk to the team

If you have any questions about technology finance from SFS, or simply want to have a conversation about its benefits, why not contact a member of our team? Our specialist finance experts will take you through the detail so you understand how our finance packages can support you and your customers.