Fund end-to-end M2M hardware, airtime and related services through our Managed Finance tailored solutions
Wireless Logic Managed Finance is an industry first for companies to gain managed financial support to fund M2M applications and IoT projects – a real alternative to traditional finance deals. Using Managed Finance, companies can bundle the cost of monthly airtime subscriptions together with hardware and software costs, into one contract.
Total solution inside one connectivity agreement
With Managed Finance, Wireless Logic has removed several layers of complexity so that Systems Integrators and Application Developers can come to Wireless Logic for a total solution inside one agreement which will deliver up-front finance for all hardware, software, airtime and management needs; all managed by one provider. Additionally, for companies ‘selling on’ their services, they can enjoy ongoing monthly revenue rebate, enabling a regular source of income for the duration of the contract.
Under the terms of a Managed Finance solution, organisations can benefit from a competitively priced airtime tariff across a contracted period, with an additional monthly revenue-sharing model. Customers will have the choice to receive a lump sum up-front or to stagger payments over a period of time – delivering valuable liquidity as their business grows and in turn protecting the banks with safer business.
Our ‘off balance sheet’ model
For many organisations, this ‘off balance sheet’ model is aimed at a key part of the market for which, to-date, traditional M2M airtime contracts were not appropriate and could not be fulfilled. Wireless Logic has successfully created a model that combines airtime and equipment, in one simple deal. Airtime rates will be at least comparable but, in many cases, even more competitive to existing leasing options.
Find out more
To learn more about Managed Finance from Wireless Logic, contact us on 0330 056 3300 or complete our online form.