Financial Service Offering - Technology Finance Vendor

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Smart Radio Systems are an an Accredited Vendor of Sunlyn (Pty) Ltd.

Sasfin Holdings is the parent company of Sasfin Bank and is a Johannesburg Stock Exchange-listed financial services institution. It offers financial products to both business customers and wealth management clients. Through Sasfin's association with Sunlyn, Sasfin offers equipment rental finance

contracts via instalment sales, lease facilities or rental finance. Sasfin administers and funds 100% of the deals originated with Sunlyn’s vendors and clients.

What is Technology Finance?

Technology finance provides finance for any equipment that would be axillary to the nature of the business. For example a radio communication system, copier and laptop are non-income producing but essential for the day to day running of any business.

Get the Edge over your Competitors with the Latest Technology

Buying expensive equipment can slow down cash flow. Sunlyn helps to prevent this by paying suppliers on installation and then renting to our clients.This eliminates the risk of late payments and increases cash flow for both suppliers and clients.

Benefits of Technology Finance through Equipment Rentals

• Working capital remains intact and no deposit is required.

• Purchase of cutting-edge technology is facilitated.

• Initial monthly rental fees can be reduced by applying an annual escalation, supported by the additional turnover generated by the equipment acquisition.

• Rental implies not only that cash outflows are minimised, but that they become predictable, thereby enhancing the reliability of the firm’s business plan.

• Existing credit lines are unaffected.

• The monthly rental fee is tax deductible and no more than a small percentage of an up-front cash price.

How does it work?

Sunlyn is the finance partner of choice because collaborating with them allows clients to focus on their core businesses, rather than on cash flow. Cash outflows also become smaller and more predictable. Their annual escalation plan reduces monthly rental fees and their BEE status translates into procurement points.