Payment solutions for
smart technology
smart technology
Payment solutions for
smart technology
smart technology
Is your business ready to invest in new smart equipment and the services to support them?
Here are the payment solutions available – and the key differences between them.
Types of equipment and/or services
Smart equipment and professional services.
Smart equipment and technologies.
Professional services funded include consulting, training, installation, maintenance and licenses to implement smart technologies.
How it works
You pay for equipment outright.
Professional services like consulting, training, installation and maintenance may be paid for up front or over time.
You get smart equipment through a Smart Ease Payment Plan – with no initial capital outlay.
The equipment supplier then delivers and/or installs smart equipment and gets paid by Smart Ease.
Available for services only or bundled with smart equipment.
You pay for the equipment and/or services over time.
Your equipment and/or services provider installs equipment, delivers services and gets paid by Smart Ease.
Key reason to choose
You have the capital available to pay for the system and services up front.
You want to update your equipment but want to keep capital free for other projects.
You want to make smart technologies more affordable – for services, equipment or both.
Your business is moving to cloud-based technologies.
Key benefits
Costs less in the long run.
• No up-front cash investment.
• Capital can be invested elsewhere in your business.
• Fast turnaround time from Payment Plan approval to installation.
• No up-front cash investment.
• Convenience – equipment and related services are bundled into one simple payment agreement.
• Capital can be invested elsewhere in your business.
• Fast turnaround time from payment agreement approval to delivery and installation of equipment and provision of services.
Up-front cost
Whole amount
$0
$0
Monthly repayments
Not applicable
Fixed monthly payments
Fixed monthly payments
Typical agreement term
Not applicable
Up to 5 years
Up to 5 years
Instant approval*
Not applicable
For equipment valued up to $150k*
For equipment and professional services valued up to $20k
Who owns the system?
Your business
Chattel Mortgage option
• Your business owns the equipment and it’s on your balance sheet as an asset/liability.
• Claim interest and depreciation as tax-deductible expenses.
Or
• Claim 100% Instant Asset Write-Off if eligible^ until June 2023.
Rental option
• Smart Ease owns the equipment.
• Your business can offer to buy equipment at the end of the term.
• Typically, a fully tax-deductible operating expense.
Where equipment has been bundled with services, your business owns the equipment.
Other considerations
–
Your business can get approved for smart equipment valued up to $150k without financials.
Your business may be able to claim regular payments as an expense at tax time.
Types of equipment and/or services
Smart equipment and professional services.
How it works
You pay for equipment outright.
Professional services like consulting, training, installation and maintenance may be paid for up front or over time.
Key reason to choose
You have the capital available to pay for the system and services up front.
Key benefits
Costs less in the long run.
Up-front cost
Whole amount
Monthly repayments
Not applicable
Typical agreement term
Not applicable
Instant approval*
Not applicable
Who owns the system?
Your business
Types of equipment and/or services
Smart equipment and technologies.
How it works
You get smart equipment through a Smart Ease Payment Plan – with no initial capital outlay.
The equipment supplier then delivers and/or installs smart equipment and gets paid by Smart Ease.
Key reason to choose
You want to update your equipment but want to keep capital free for other projects.
Key benefits
• No up-front cash investment.
• Capital can be invested elsewhere in your business.
• Fast turnaround time from Payment Plan approval to installation.
Up-front cost
$0
Monthly repayments
Fixed monthly payments
Typical agreement term
Up to 5 years
Instant approval*
For equipment valued up to $150k*
Who owns the system?
Chattel Mortgage option
• Your business owns the equipment and it’s on your balance sheet as an asset/liability.
• Claim interest and depreciation as tax-deductible expenses.
Or
• Claim 100% Instant Asset Write-Off if eligible^ until June 2023.
Rental option
• Smart Ease owns the equipment.
• Your business can offer to buy equipment at the end of the term.
• Typically, a fully tax-deductible operating expense.
Other considerations
Your business can get approved for smart equipment valued up to $150k without financials.
Types of equipment and/or services
Professional services funded include consulting, training, installation, maintenance and licenses to implement smart technologies.
How it works
Available for services only or bundled with smart equipment.
You pay for the equipment and/or services over time.
Your equipment and/or services provider installs equipment, delivers services and gets paid by Smart Ease.
Key reason to choose
You want to make smart technologies more affordable – for services, equipment or both.
Your business is moving to cloud-based technologies.
Key benefits
• No up-front cash investment.
• Convenience – equipment and related services are bundled into one simple payment agreement.
• Capital can be invested elsewhere in your business.
• Fast turnaround time from payment agreement approval to delivery and installation of equipment and provision of services.
Up-front cost
$0
Monthly repayments
Fixed monthly payments
Typical agreement term
Up to 5 years
Instant approval*
For equipment and professional services valued up to $20k
Who owns the system?
Where equipment has been bundled with services, your business owns the equipment.
Other considerations
Your business may be able to claim regular payments as an expense at tax time.
Ready to know more?