Leasing package F.A.Q.
How can leasing preserve your company's liquidity?
The company's liquidity is retained as you don't have to pay the full project price in advance. It is important today to secure liquidity over the long term to emerge from the corona crisis essentially unscathed. Processing via a leasing contract preserves your company's liquidity because as a customer you do not have to make advance payments. Moreover, the leasing contracts are not set off against the credit commitment of the house bank. Bank-side collateral remains unaffected. This ensures you the greatest possible liquidity for your daily business.
For example:
A common long term project work costs you around 20.000 Euro or more. With leasing, you'll get it all for only 495 Euro per month.
Is there a residual value risk?
No, plus flexibility completely preserved. Your advantage is that you can flexibly exchange individual leasing modules during the entire contract period and thus stay up to date with the latest technology at all times with constant costs, especially with short software cycles. Hotel software has a regular depreciation of 5 years. Shorter terms are also possible with leasing, in which you can claim the leasing rates as operating expenses!
Are you eligible for a tax deduction?
Leasing installments are fully tax-deductible as operating expenses. Therefore, it does not affect the balance sheet. Leasing improves the appearance of the balance sheet and the problem of depreciation is eliminated.
Are there any risks of wear and tear?
All future product updates and API upgrades are included. As the IT sector is growing at a lightning-fast pace, it might be difficult for hoteliers to keep up with emerging trends. Thanks to HotelFriend, the #1 provider of software for the travel and hospitality sectors, you will be able to use the cutting-edge hotel software and cultivate the fresh perspective needed to outpace competitors.
Are there any additional fees?
Services that arise up to full commissioning can be fully integrated without restriction. In this way, you do not have to pay any additional items within a project and the processing effort for you is significantly reduced.
All costs are included in the rate. There are no processing fees or other costs to you. This transparency ensures that you have a clear calculation basis over the entire term.
All costs are included in the rate. There are no processing fees or other costs to you. This transparency ensures that you have a clear calculation basis over the entire term.
In the case of multi-property, is it one leasing for all properties or separate leasing for each property?
One leasing for all properties. We sign a contract, and then you pay one project price for all hotels, divided into monthly lease payments.
With 40+ rooms, does the price increase with the number of rooms?
No. The price depends on the amount of the project, or otherwise, the default price of 495 Euro is used.
What happens after 42 months? When does the leasing contract expire?
The contract shall automatically renew for one additional year unless the notice of termination is given. The contract can be renewed without any limitation. Once the contract has expired, you have months to collect data.
Is it possible to terminate the contract?
Yes, to the end of each contract period. Usually this is 42 months. Further information can be found in the general leasing conditions of AGL Activ Services GmbH.
My hotel is not located in Germany. Can I still benefit from the leasing offer?
Yes, if your company is registered in Germany or has a branch in the Federal Republic of Germany.
Is it more profitable for me to choose the Enterprise solution for properties with 30 rooms for 479 Euro?
For small properties, yes. However, if you use a solution without leasing cost, you should pay the whole amount straight away. In the case of leasing, you pay only 495 Euro. Plus, design work, customization, and related improvements included. Also, leasing already goes together with such expensive products as white label and door lock system, as well as extended support (equivalent to 2000 Euros), staff training, and webinars.