High-tech Financing
Societe Generale Equipment Finance has specialized over the long term in the financing of high-tech equipment, which includes:
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Office Equipment
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Medical Equipment
The opportunities for financing high-tech items are the same as for other capital equipment. However, this portfolio has been expanded to include factoring and a software solution.
Factoring
This entails the frontloading of the direct relationship between the supplier and the end user. The project supplier issues a supplier invoice to the user, together with an agreement on the repayment regime of invoiced costs (receivable). A receivable thus arising to the project supplier (the assignor) is assigned to Societe Generale Equipment Finance (the assignee) under a factoring agreement. The assignee pays the receivable at the discounted amount as soon as the factoring agreement is signed. The assignor notifies the end user in writing of the assignment of the receivable. The end user complies with the liability in question in favour of the assignee.
Software Solution
This solution entails the financing of user rights connected with a licence agreement provided by the software supplier – the copyright holder – to the end user. Societe Generale Equipment Finance acquires the right to finance the software provided by the supplier – the owner of the intellectual property – to the end user. User rights – intangible fixed assets – are financed in accordance with Czech law.
This product is offered only in cooperation with suppliers who are our contractual partners.
Hardware Financing
Societe Generale Equipment Finance also provides hardware financing through operational leasing. We offer this product along with entire accessible services common in this area.