Summit Asset Management

Case Studies

Romad Limited

Romad Ltd is a market leading specialist solutions provider of mobile location based services (LBS) for lone worker protection and personal security. They manufacture the Romad Personal Safety Phone, a powerful cell ‘phone based GPS location tracking product that provides security and peace of mind for lone workers in both the Public and Private sector across Europe.

News

Summit Expands Its Vendor Coverage
Date: 18/06/2008 - Category: Technology

Phillip Paton has joined SAM from ING Lease (UK) Limited to expand our vendor finance team.

Mike Walsh & Bryden Jones join Summit
Date: 23/06/2007 - Category: Technology

Mike Walsh & Bryden Jones joined Summit in the first half of 2007 from Econocom & Barclays Asset Finance respectively.

Technology Finance

Business today is increasingly about the most efficient use of people, technology and capital.

People and technology are the connection between businesses. Technology facilitates communication, commerce and the provision of information. It is pivotal to business success.

At Summit we understand high technology. We have more than 20 years of expertise in the provision of lease and structured finance that allows businesses to:

Acquire the equipment, systems and services they need, when they need it.
Match technology expenditure to earnings or savings created by its use.
Change or upgrade technology when needed.
Reduce administration and the cost of ownership

We are an independent asset finance and management company. We have our own funds which we can use to invest in the assets that you need to acquire. We take residual investments in technology assets. This ensures our pricing is competitive and enables Balance Sheet structuring. Our principal aim is to give you the flexibility you need to plan your business finance and manage your equipment estate.

We work directly with customers in vertical business sectors that include banking and financial services, healthcare, distribution, retail, manufacturing and technology services. Our products enable the acquisition of IT, communications and business equipment for some of the UK's largest companies and professional firms.
We work in partnership with manufacturers and suppliers of high technology equipment; providing customer finance programmes that give a competitive edge to their sales programmes.

Customers

Our product suite is designed to allow you to acquire assets when you need them, spreading their cost over their useful life and enabling you to free up your existing capital and credit lines for investing in your business.

Whether you are implementing new technology systems or enhancing existing installations we will provide the most appropriate financing solution for you. Sometimes the need for investment in technology upgrades is unforeseen and unbudgeted and here our ability to work quickly and provide financial solutions can help you install the systems you need, when you need them, rather than wait until the next budget cycle. Summitâ€™s customer products include:

Residual based IAS17 Operating Leases.

Finance Lease and Hire Purchase.

Software and implementation funding.

Pay per use funding.

Short and medium term debt funding.

For more on customers

Vendors

We provide rental packages that make it easier and quicker for your customers to buy from you and then come back for upgrades and additions. We can usually fund all of the technology products and services you supply to your customers, reducing the need for discounting and improvimg your cash flow yet still supplying genuinely attractive pricing to your customers.