Circa Information Technologies, Inc., wants your decision to purchase a Circa solution to be as seamless and smooth as our products. If your business's cash flow is a concern, consider Circa Technology Funding. This program offers innovative leasing programs for Circa software as well as for hardware, consulting, development, implementation, and training related to the Circa family of products. Leasing terms can range from six months to five years. Ask your Circa sales representative for details.



The Circa lease options have several benefits over an all-cash purchase.

Leasing conserves working capital for more profitable uses, such as growth of      inventory or receivables, or expansion of marketing efforts. With leasing, short-term cash   is not tied up in long-term asset acquisition.

Extended payment terms can match the expenses associated with an asset to the income it produces. In effect, the asset pays for itself over the term of the lease, instead of affecting current cash flow to fund a future benefit.

A True Lease may provide major tax advantages. Since the systems and services are rented and not owned (for tax purposes), the entire monthly payment can be deducted as an expense. No complicated depreciation schedules are necessary, and no Alternative Minimum Tax (AMT) penalties are triggered.



The Circa lease also compares favorably with traditional bank financing.

Leasing preserves your bank lines of credit for business growth and stability.
Leasing is fixed-rate financing. The leasing company assumes the interest rate risk. This allows you to budget and forecast accurately for the entire lease term without fear of interest rate increases.

Leasing does not impose restrictive covenants, compensating balances, or other onerous conditions limiting your control over your business. Banks often do.

Banks are typically reluctant to finance assets for more than three years. Leasing may be arranged comfortably with up to five-year terms.

Leasing provides 100 percent financing. Banks generally require a 20 to 30 percent down payment for asset-based loans. A lease usually requires only a single monthly payment in advance, in addition to the normal payment stream.
 
Circa Technology Funding will cover soft costs like development, consulting, implementation, and training. Banks are often reluctant to do so.



Financial decision makers need to consider other aspects of leasing that affect their business.

Off-balance sheet financing and extended payments periods tend to improve ROA and ROI measurements and other key financial ratios.

Leasing to acquire assets and the support they need allows corporate managers to avoid a time-consuming capital acquisition process. If the capital budget is tight, a properly structured lease may be the only way to acquire needed assets in the current fiscal year.

Companies can acquire the best solution for their needs instead of settling for a less effective but cheaper alternative, since price differences on a monthly basis are rarely significant. Each additional $1,000 of cost adds only $20 to $25 to the lease payment.

Lease terms and payment structures can be tailored to business-specific circumstances. Payments can be keyed to the pattern of your cash flow, increasing or decreasing in amount or frequency, or can be skipped entirely, depending on your preferences and needs.

Leasing is faster and less complicated than other financing methods. In many cases a one-page application is all that is required, and approval is received in 48 hours or less.