Please use the server lease calculator below to access an instant quote. For projects over £100,000, please contact us to find out more.
Amount
£1,000.00
Term
1 Years
Monthly Payments
£97.71
Flat Rate
17.25%
Total Payable
£1,172.50
Servers – as well as software – represents the main IT spend in most small companies. As the server will normally have a life expectancy of between three and five years, lots of SME companies look to lease a server. Use our server lease calculator to work out what the monthly rental will be for your server.
Using our server lease calculator is very easy. You just have to enter the capital vale of the server and then the term you would like to lease it over. It will then provide you with a monthly rental. Most companies we deal with will speak to their supplier of computer servers first to get an idea of the cost to buy and what equipment to go for.
To give you a feel for what other companies do, 77% of IT leasing we do is over a three-year period. Probably about 10% of companies will lease servers over five years, the remainder over one, two and four years.
Its quite normal now for a company to share a server in a data centre then pay a monthly “rental” for this. Your IT supplier will wrap this cost up with hosting the website and CRM system, including any support services. This is not leasing a server due to the joint ownership of the computer equipment.
However, many companies will look to install a server – or a number of servers – in a secure data centre. This is where you can lease the server(s). In 2017, we arranged a lease for a University that put 30 servers into numerous data centres throughout the UK.
The interesting point here is that technically the leased server is not on your premises, which often is a requirement of a lease. As long as we tell our underwriter, they are normally OK with this.
Most makes of servers can be leased. IBM, HP, Dell are the key players. Saying that, the last big server lease deal we did was for 30 Lenovo X33650 M5 VTO rack servers. It is easier to finance a branded server like Dell or HP compared to an unknown brand. Reliability and the ability for resale are important to leasing companies.
We do not choose the equipment and supplier, we just arrange lease finance for the server and associated computer equipment. However, we have been financing computer equipment for nearly thirty years so have a good idea about products, suppliers and general requirements.
Choosing a good supplier is not always easy. There are thousands of companies in the UK that can supply computer equipment.
A few tips:
Clearly, we can arrange the leasing for the server. In addition, if you do not have a supplier in mind, we can recommend companies we have worked with in the past. Hopefully, this will save you time and money.
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