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14 July 2008 - Syscap (http://www.syscap.com), the UK’s leading independent IT finance provider, has witnessed a sharp increase in opportunities originated through Syscap Online since the launch of its comprehensive vendor partner programme, Option One in January this year. Syscap Online, a dedicated online trading tool for IT resellers, now accounts for 10 percent of all business originated at Syscap.

Syscap Online is the most comprehensive online finance tool for vendors, offering support from the very beginning of the sales cycle: creating instant quotes and full financial propositions, generating cash versus lease comparisons for every proposal and aiding improved ROI. Resellers can input and manage their own customer data, and the easy-to-use site offers complete visibility of every proposal, from general account status to specific transaction details. Importantly for resellers, all proposals loaded onto the site are fully supported by the business partner management team at Syscap, through a sophisticated and automated e-mail notification system.

Syscap Online now lies at the heart of Syscap’s latest vendor offering, Option One, a dedicated partner programme which helps IT and technology suppliers to embed finance into their product and service offerings. The success of this programme since its launch in January has boosted business originated through Syscap Online, jumping from £43 million to £53 million in the past six months.

“Our online tool, particularly when coupled with the other benefits of Option One, enables resellers to make finance a seamless part of their sales process,” says Philip White, CEO of Syscap. “This is becoming increasingly important to help resellers drive business, not only to meet the growing demand for emerging payment models such as Software as a Service, but to reflect the need for greater access to finance as a way of making IT more affordable.”

For a demonstration of Syscap Online, visit: http://optionone.syscap.com/syscap-online-demo

Ends.

Syscap
Syscap is the UK’s leading independent IT finance provider. Syscap works directly with clients and in partnership with industry-leading IT vendors, equipment suppliers, ISVs and other business service providers. Through tailored, innovative finance solutions, Syscap enables commercial, professional and public sector organisations of all sizes to acquire the business assets and resources they need, without traditional budgetary constraints.

Founded in 1990, Syscap now employs over 110 people across the UK and Europe, has annual revenues in excess of £160 million and £350 million of assets under management.
www.syscap.com

For further information, please contact:
Caroline Ward/Ben Bush
The Crocodile
Tel: 020 7749 4400
Caroline.ward@thecroc.com/ben.bush@thecroc.com
or

Philip White
Chief Executive Officer
Syscap Limited
Tel: 020 8254 1800
pwhite@syscap.com

Issued by: The Crocodile, The Lux Building
2/4 Hoxton Square, London N1 6NU
www.thecroc.com

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