The high rate of penetration in IT finance
which emerged as a result of the global economic crisis is expected
to continue even as the economy begins to recover and capital
constraints begin to ease, finance providers have said.

A number of channel partners of major captive
Cisco Capital said during a recent webinar that businesses have
changed their approach to investing in technology, especially as
the need to refresh regularly becomes more pressing.

Alison Moore, operations director at
Birmingham-based Interactive Telecom, which works primarily in the
SME space, said: “Leasing provides customers with the facility to
upgrade easily.

“I would be surprised if any of my customers
would change if things pick up.”

Stuart Hall, European markets business
development manager for Cisco Capital, added: “Fundamentally, with
our customers, there’s a real understanding that they actually
benefit from leasing an asset.

“The economic crisis has escalated the
evolution in the thought process.”

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