8th October 2024

Introducing ‘Flexscription’: Eco-friendly leasing with end-of-lease options guaranteed

Lease Loop has always been focused on empowering aspiring individuals and businesses to stay ahead of the curve, with the latest technology, without making a significant investment. We’ve demonstrated this with a leasing offer that has been focused on customers who wish to ultimately retain their device(s) at the end for one more month’s additional repayment.

This is an ideal service for those who are looking at a 4 to 5-year life cycle for their equipment. However, traditional operating lease models are often geared towards two fixed eventualities: return the equipment or retain it at a fair market value. So what about customers with other needs and preferences?

At Lease Loop, we wanted to offer more. We have been wanting to bring you an Apple Mac lease that is linked to a residual value for some time. Known as an operational lease, we have envisaged a product that would sit alongside our traditional lease offering. That’s why we are introducing Flexscription. 

How does Flexscription work?

Flexscription provides customers with a range of end-of-lease options, as opposed to current market products which are ambiguous and often result in excessive charging for contract extension or continued use. Customers are made fully aware of their end-of-lease options at quote stage, providing full transparency and ensuring fair pricing should they decide to retain the equipment.

Our Flexscription options are detailed below:

  • Hand goods back at the end of the Primary Period
  • Enter into a rolling monthly contract whilst paying the same monthly amount.
  • Option to choose a 12 or 24-month extension period at reduced rate and then retain use of the goods indefinitely
  • Pay a one off “Full Extension Fee” at end of Primary Period to retain use of goods indefinitely

Why Flexscription?

One of the core business benefits of leasing digital equipment is to improve cash flow – because you plan to return the equipment at the end of the lease, the built-in residual value helps to lower your monthly lease costs.

The trouble with traditional operational leases is a lack of flexibility when the time comes to return the equipment. What if you are working on an important project and don’t want the disruption of returning your Macs and deploying new ones? What if your business is lacking in preferred tech but limited in how you can achieve this? What’s more, in the event of business or socioeconomic changes, a rigid leasing contract could lead to uncomfortable expenses.

Our Flexscription service presents these customers with five different end of lease options:

  • 3 months before the end of lease
  • 2 months before the end of lease
  • 45 days before the end of lease

This empowers you to make the right decision for your business based on short and long-term considerations. All of the pricing is declared at the quote stage and is confirmed in the lease documents, so you have full control and transparency throughout the process.

Who can benefit from Flexscription?

While our traditional leasing offer is focused on customers who plan to ultimately retain the devices, Flexscription may better suit those who prefer to refresh their devices in line with Apple’s regular upgrade cycle – providing greater flexibility to keep up with the latest tech.

It also serves businesses who wish to protect their cash flow against unforeseen circumstances. We will discuss both our traditional and Flexscription leasing offers with you at quote stage to find the perfect fit for you and your business.

The eco-friendly choice

Aside from the obvious cost savings, giving your IT a second lease of life is the more environmentally conscious choice. The technology industry accounts for around 7% of global emissions, with personal electronic devices making up a large portion of that – by hanging onto your laptop or desktop for longer than average, you can significantly reduce your carbon footprint.

Alternatively, by returning your device through the Flexscription programme, we’ll ensure it gets properly wiped, repaired and resold, further extending its lifespan and preventing it from sitting in landfill or unused in a cupboard.

Discover true flexibility with Lease Loop

Business growth isn’t a one way street. Through our Apple leasing solutions, we strive to provide a supportive relationship that helps you achieve your unique mission. Our Flexscription model supports this directly, representing a more dynamic offering to meet a wider range of business needs.

Discover more  below and don’t hesitate to reach out if you’d like a friendly chat about the options available to you.

Pricing Options

Example

15″ MacBook Air 

Apple M3 Chip with 8‑Core CPU and 10‑Core GPU, 8GB RAM, 512GB SSD

The Loop Flexscription Quote 3 years at £9.08+ VAT per week

Flexscription Options at the end of 36 months

  • Rolling Extension £9.08 + VAT per week
  • 12 month extension £7.94 + VAT per week and get indefinite use after the 12 month period.
  • 24 month extension £4.14 + VAT per week and get indefinite use after the 24 month period.
  • Full extension Period £394.64 + VAT