Case Studies
Seven Investment Management
Summit has worked with Seven Investment Management to provide funding for business relocation, office fit out and the acquisition of new high technology assets.
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.
Major finance house - desktop roll-out
A major, well known, finance house needed to replace the desktop computers in its back-office operations and upgrade the related network infrastructure, but budgets were proving difficult to obtain and the business was attracted to leasing.
News
New Credit Manager Joins Summit
Date:
16/09/2009
- Category:
Technology
Summit has further expanded it's risk and investment management team by appointing Hugh Shelmerdine as the Credit Manager responsible for the UK and EMEA.
Summit Expands It's UK Technology Financing Team
Date:
03/08/2009
- Category:
Technology
Duncan Gilsenan has joined Summit from French owned financier ECS.
Mike Walsh Joins Summit Asset Management
Date:
23/06/2007
- Category:
Technology
Mike Walsh has joined Summit from the French financier Econocom.
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. Summit’s customer products include:
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.