Leases Asset Finance Leasing Software

Have you considered leasing your business assets?

Stefan Iggo on May 26, 2020 11:17:57 AM

With the volatility created by the COVID-19 pandemic, many businesses are beginning to consider ways that they can navigate through these precarious times. It is understood that the business  impact of COVID 19 will last for some time and that buying behavioural change is already underway*. Organisations are preparing to preserve cash in order to endure volatility in markets. 

"Australian organisations, government agencies and educators are having to adapt at a pace which is forcing them to pivot quickly to new ways of working while making tough decisions about what areas of spending will be prioritised", says IDC Australia and New Zealand Research Director, Louise Francis. CFO's are looking for OpEx options to complement CapEx expenditure which will enable greater equity cushioning and structuring of asset portfolios. 

Copy of Copy of Quadrent - Were hear to help-1

As such organisations are considering leasing options to acquire equipment instead of paying for this equipment in cash. There are a number of immediate benefits to leasing as follows:

Take control of your cashflow

You don’t need to pay everything upfront. Instead, lease payments are spread over the useful life – typically 2 to 5 years – of equipment that you can continue to order from your preferred suppliers, at prices you control.

Reduce costs

Leasing is almost always more cost-effective than financing at corporate rates. This is because when we purchase equipment we invest our cash in its assessed market value at the end of the lease, effectively providing interest rates of 0% or less.

Avoid end-of-term ownership responsibilities

Dealing with equipment at the end of its useful life can be distracting, time-consuming and costly. We provide a full range of end of life services to assist with onsite decommissioning, packaging, transportation and secure wiping. This takes the responsibility, cost and complexity of removing equipment out of your hands.

Manage your capital and debt

Leasing is a strategic tool for proactively managing the your balance sheet liabilities. By not tying up your capital in equipment purchases, you can use it to grow revenue through pursuing new growth opportunities, expanding operations, or making opportunistic acquisitions.

Stay up to date

New equipment is typically more efficient and cost-effective to run, so regular replacement of older equipment with the latest technology increases productivity and profitability, providing tangible benefits to the bottom line. The lease cycle also enforces discipline around timely decision-making on the replacement, upgrade or extended use of equipment.

To help you truly understand the pros and cons of leasing, Quadrent has released a whitepaper as a comprehensive guide.

This whitepaper covers topics such as;

  • What is a lease?
  • Role of lessee and lessor
  • 6 benefits of leasing
  • Understanding total cost of ownership
  • Lease vs. Bank finance comparison
  • Keeping track of leases
  • End of term options
  • Frequently asked questions

Download it free today!

*Deloitte Economic Report, April 2020

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Asset Finance

Quadrent and Greenplate partnership - supporting the community

Carolyn Monk on May 20, 2020 11:27:41 AM

Greenplate and Quadrent have come together to provide a new, exciting and cost effective way for Councils and other service providers to upgrade BBQ equipment for community use. Greenplate provides state of the art BBQ equipment, and Quadrent enables the equipment to financed in a different, simpler, better way. We're excited about the opportunity to work together to assist local communities as COVID-19 lockdown restrictions ease. 

IFRS 16 Leases Asset Finance Leasing Software AASB 16

IFRS 16 Accounting solution - A comparison

Stefan Iggo on May 5, 2020 12:07:13 PM

In 2019 PWC conducted a Global IFRS 16 post implementation survey which "sought to understand how IFRS 16 implementations progressed and where challenges continue to reside post-transition". 

Leases Asset Finance lending

Ensure your education institution has the right technology infrastructure with asset leasing

Carolyn Monk on Apr 30, 2020 9:48:12 AM

Australian schools and universities are quickly adapting to manage a highly disrupted learning environment in light of the COVID-19 pandemic. Quadrent is working alongside several valued clients in the private education sector to ensure that they have the right credit facilities and leasing agreements in place to access the very best technology for their school now and in the future.

IFRS 16 Leases Asset Finance New Accounting Standard AASB 16

IFRS 16 implementation - how well has it gone?

Carolyn Monk on Apr 23, 2020 10:55:48 AM

As we ramp into 2020, let’s take a look at what IFRS 16 has meant to you and other businesses.

IFRS 16 Leases Asset Finance New Accounting Standard AASB 16

IFRS 16 Accounting considerations and COVID19

Carolyn Monk on Apr 21, 2020 9:23:23 AM

In a world of constant change due to COVID-19, the IASB released an update on 10 April 2020 on how to consider changes that businesses may face with regards to leases.  In particular they have focused on payment holidays/concessions that businesses may receive as a result of the impact from COVID-19. The article focuses on the following main considerations:

Leases Asset Finance lending

Leasing during times of economic volatility

Carolyn Monk on Mar 24, 2020 5:34:05 PM

With the volatility created by the COVID-19 pandemic, all businesses are focused on supporting the health and wellbeing of their staff, maintaining stability, and keeping their business financially viable to work through this period of uncertainty.


COVID-19 Statement

Stefan Iggo on Mar 19, 2020 8:45:59 AM

As a valued client of Quadrent, we appreciate the trust you place in us to make sure all your critical equipment financing services and IFRS16 accounting software continue. 


Fijian Offsite 2020

Carolyn Monk on Mar 12, 2020 10:31:55 AM

Every year Quadrent holds a company offsite with our trans-tasman team (now over 20 of us) and this year we had the arduous task of attending from the sunny shores of Fiji during February.


New faces in our New Zealand team

Carolyn Monk on Feb 14, 2020 11:12:57 AM

Quadrent is pleased to welcome a  few more faces to the New Zealand team; Arnold Dcruz and Lauryn Tokana.

IFRS 16 Asset Finance New Accounting Standard AASB 16

Spreadsheets Vs. Software – evaluating the best approach for IFRS 16

Carolyn Monk on Jan 30, 2020 10:39:06 AM

It is often our experience that C level executives consider IFRS 16 / AASB 16 solely a compliance exercise and as such approach the new standard with a certain reluctance to investing in new systems. Additionally, the complexities associated with IFRS 16 are often overlooked until departments are in the depths of rolling out new business as usual (BAU) practices covering the new standard.

Leases Asset Finance lending

Non- Traditional Lending

Carolyn Monk on Jan 23, 2020 9:55:13 AM

There are many reasons why organisations may choose to lease equipment rather than purchasing outright (using capex).

One of the key reasons is to open up funder diversification (funding flexibility) and simplify the lending process. This blog discusses ways that businesses can tackle their finance needs beyond just a traditional bank lending model.