BSS offers companies a highly flexible vehicle to lease and
own any technology related assets without laying out huge
capital and paying ridiculous interest rates. Every 26, 36
or 48 months, the technology can be completely refreshed and
the company can take ownership of the “old” asset allowing
it to be migrated elsewhere in the company or being used for
donations or social up-liftment.
The BSS finance model preserves precious
cash flow, turns technology into a tax deductible operating
expense (much like a phone bill) as the assets are no longer
recorded on companies financial statements. More importantly,
leasing does not impact negatively on the company’s credit
exposure; therefore preserving the companies line of credit.
This has become even more prevalent since the inception of the
new Credit Bill and the National Credit Register.