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FAQs

WHAT FUNDING SOLUTIONS CAN ROOM 12 PROVIDE?

Residual Based Leases, Finance Leases, As-a-Service (asset backed and 100% software)

WHAT ARE THE BENEFITS OF LEASING WITH ROOM 12?

By leasing, organisations can upgrade their technology, equipment and facilities immediately, without the need to save up their budget to buy upfront. Instead, organisations can spread the cost through affordable fixed rental payments, which can be adapted to suit each organisation’s budgetary requirements.

Other benefits of Room 12’s funding solutions include:

Bespoke to each customers requirements – this can include sale and leaseback to release capital back, part purchase / part lease, step rentals, deferred payment options

Easy budget planning – Payments are fixed for the agreement term

Flexible payments – Pay either monthly, quarterly or annually, to suit your budgetary requirements

Keep equipment up to date – As equipment and technology can become outdated quickly, leasing is a great option as there is no need to source additional funds as you can simply upgrade the equipment for the latest model at the end of the lease

Retain your capital funds – Keep capital available for maintenance and unexpected costs

WHAT IS THE LEASING PROCESS?

Leasing can often seem daunting and complicated, but with the right advice and payment plan, it’s actually a simple and cost-effective option for organisations to get up-to-date equipment without breaking the budget!

Leasing is so easy it can be boiled down into a few simple steps:

1. Decide on equipment
The first step to starting your lease journey is picking which equipment is perfect for your organisation.

2. Agree on a payment plan
Leasing is not only simple, but it’s also flexible. This means we can tailor the payment plan to the pertinent needs of your organisation. Simply speak to our team and we’ll work with you to create the payment plan that fits within your budget requirements.

3. Get the equipment installed
Now that the paperwork is sorted, your chosen suppliers will come and set up your equipment for you.

4. Enjoy your new equipment
And that’s it! You can now enjoy your equipment and enhanced learning environment!

WHAT HAPPENS TOWARDS THE END OF THE LEASE?

At the end of the primary term of the lease, the asset can either be returned to us or the lease can be extended into a secondary period, where the lessee can continue to rent the asset at a fair market rent which would be agreed at the time.  

WHAT IS THE PROCESS FOR SIGNING THE DOCUMENTS?

All relevant paperwork will be emailed to the designated signatory to be signed through DocuSign. DocuSign meets and exceeds some of the strictest global security standards and is the world’s leading e-signature product. All business and personal information is kept confidential.