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Home > Case Studies > Equipment Finance > Software Licencing
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CYFOR Legal

Software Licencing

Clear Business Finance helps CYFOR to break down the cost of annual software subscriptions into manageable monthly payments.

Equipment Finance Paper Professions
The Challenge

Operating globally since 2002, CYFOR is a leading provider of eDiscovery, Digital Forensics, Corporate Forensic Investigations and Cyber Security. These specialisms extensively cover commercial, criminal and corporate investigations, as well as litigation and dispute resolution matters.

The data recovery and investigations sector is highly dependent on software solutions to deliver efficient and accurate services. However, the annual upfront costs associated with software licences can have a negative impact on cash flow and can stifle organisational growth.

Clear Business Finance have been working with CYFOR since 2016 to help combat this issue.

Key Facts

Amount Financed
406K
Product
Equipment Finance, Leasing
Location
Manchester
Contacted us via:
Phone (We are easy to talk to)
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Annual software subscriptions were becoming a barrier until we found the answer in Clear

Paul Beechinor, Finance Director

The Results

As you can imagine not all lenders want to finance intangibles or assets that have no residual or resale value. However, this is where our expertise and knowledge pays dividends. We have access to a panel of specialist lenders who finance software hosted on and off premise. The software author is paid directly by our lender and the Annual licence fee is broken down into 12 manageable monthly repayments for the client. By spreading the cost, we protect valuable working capital enabling CYFOR to take on more licences as and when needed.

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Success Stories

Ask yourself, what are your ambitions and how can your business achieve them? Here are a few recent examples of how companies like yours are fuelling their growth plans with the right financial support.
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EQUIPMENT FINANCE
Amount Financed
£3,525,746

We all want the right tools for the job, so you will be pleased to hear we’ve made acquiring equipment a whole lot easier.
#DealOfTheWeek

Term 4 Years
Equipment New Large Litho Printer
Submit your finance application
BUSINESS LOANS
Amount Financed
£65,746

Always want the latest technology?
Well this is how we’ve helped businesses to keep up with ever-evolving computer-controlled machinery. #DealOfTheWeek

Term 4 Years
Equipment New Large Litho Printer
Submit your finance application

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Call us:
01277 239943

Opening hours (Exc bank holidays)
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We are here to discuss your options, assist with existing agreements and are more than happy to take applications over the phone.

Alternatively, here you will find the answers to some
frequently asked questions relating to our products and services.

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Suite 6, Ripon House, 35 Station Lane, Hornchurch, Essex, RM12 6JL

Clear Business Finance is the trading name of Clear Asset Finance Limited, registered in England, company number 07462914.
Authorised and regulated by the financial conduct authority under registration number 668175. Clear Business Finance is an independent finance broker not a lender. Registered address: 113 – 117 Farringdon Road, London, EC1R 3BX.

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