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Finance Lease – Philippine based Personal Care Company

Project Description

Over the course of 2 years, FINACORE financed multiple IT hardware projects for this clients’ office buildings and facilities in Metro Manila. The project consisted out of a finance lease for different IT hardware combined with IT outsourcing through Finacore’s sister company DataOne Asia Philippines. The financed assets included: HP servers; desktops and notebooks from different brands such as Acer, HP, and Lenovo; and telecommunication equipment with analogue and digital phones via a Voice Telephony contract via DataOne. Finacore devised a financial lease solution for the company with no capital expenditure at the start of the lease, a full OPEX solution and flexibility in the contract to avail of technology upgrades and/or buy the system after a specific date.