IT Financing Services

Go Beyond Budget Constraints,Use the Techology of Choice with Ease Finance

IT Finance

LUMENAVE Finance can help your organization use the technology of need without much impact on your overall budget. LUMENAVE Finance helps organization smoothen and maximize their cash flows and profitability.

At LUMENAVE, we believe it is the use of well-implemented technologies and solutions that generate revenue and profits not the ownership. Thus, through our partnership with leading original equipment manufacturers (OEMs) of IT products and experienced leasing companies around the globe, we are able to offer this service to small, medium and large scale businesses. Hence, if you appreciate that IT technology, project, asset, resource, or solution and funding it is an issue then consider LUMENAVE Finance to support you.

Customer Categories

We offer this service based on four customer categories as shown below:

Platinum

Gold

Silver

Bronze

Possible Amount
(in US $)

Maximum Lending Period (Months)

Possible Amount
(in US $)

Maximum Lending Period (Months)

Possible Amount
(in US $)

Maximum Lending Period (Months)

Possible Amount
(in US $)

Maximum Lending Period (Months)

Small

<=100,000

12

<=50,000

9

<=25,000

6

<=10,000

3

Medium

<=250,000

18

<=150,000

12

<=125,000

9

<=100,000

6

Large

Above 1m

24

<=500,000

18

<=250,000

12

<=100,000

9

Note: Customers are expected to pay minimum and initial cash outlay refer to as 'Project Commitment and Consent Fee (PCCF)' as indicated below:

  • Platinum-20% of initial capital outlay for the intending project is required.
  • Gold-30% of initial capital outlay for the intending project is required.
  • Silver-40% of initial capital outlay for the intending project is required.
  • Bronze-50% of initial capital outlay for the intending project is required.

LUMENAVE Finance and Capital is only available for all Information Communication Technology (ICT) projects to be designed, implemented and supported by LUMENAVE Professional Service team.

IT Insure

LUMENAVE Insure ensures that your investment in IT hardware is protected against theft and fire, other than those categorized under natural disasters. LUMENAVE insurance policy covers repair or replacement of your valuable equipment on a valid claims made within twenty-four (24) hours. Companies can take the advantage of this offer to insure their valuable hardware asset like:

  • Computing Resources: Laptops, Desktops, Servers, etc.
  • Pheripherals: Printers, Scanners, Copiers, etc.
  • Networking Products: Routers, Switches, Firewalls, etc.

With LUMENAVE Insure, you can be rest assured that when you make a claim we will respond quickly, as we know you need your equipment repaired or replaced as soon as possible.


IT Insure

Service Benefits

LUMENAVE Finance offers organizations the following business benefits

  • Smoothens IT investment over a period of time preventing occasional and unpredictable spikes in IT expenditures
  • Enables effective planning of budget as IT cost is fixed during the contract duration.
  • Allows for the preservation of cash savings which can be used for servicing of other pressing budget or liquid assets
  • Create opportunity for reduced tax burdens through the payment of financed costs
  • Predictable payment streams, improved financial performance metrics like return on investment (ROI) and return on assent (ROA)
  • Simplify managing budget and technology

LUMENAVE Capital is unique to other lessors in many ways such as:
  • Customers enjoy highly competitive rates for IT projects, asset acquisitions, solutions and others
  • Well-structured, clear and flexible terms and payment structures
  • Allows customers easily adopts new technology replace obsolete technology and plan for technology changes