Business
Efficient energy solutions provider operating across the UK.
Case study
Vital Energi software finance case study
How IQ Finance supported Vital Energi with a leasing solution for Sage business software and licensing, helping the business invest in systems while keeping capital available for growth.
Figures are indicative only and are not finance offers. Final approval is subject to status, lender criteria, affordability, documentation and approval.
Snapshot
Project
New suite of Sage business software and related licensing.
Finance need
A finance route to support software and licensing investment without requiring an initial outright purchase.
Finance categories
Software and Services finance, business finance, and Green Energy finance.
Sector context
Green energy and efficient energy solutions.
Source
IQ Finance Vital Energi case study PDF.
Challenge
Vital Energi operated in a demanding and specialist sector and needed to upgrade its business systems with a new suite of Sage software.
The business wanted to acquire the right technology while keeping resources available for other areas of growth. Rather than making an outright upfront purchase of the software and licensing, Vital Energi needed a practical finance structure that matched its commercial priorities.
Finance route
After Sage introduced Vital Energi to IQ Finance, the team explained the available finance options.
Vital Energi selected a three-year leasing solution for the software and licensing. The leasing route helped the business avoid an initial outright purchase while keeping capital available for wider business investment.
Outcome
The finance route helped Vital Energi move forward with the Sage software upgrade while maintaining flexibility for other growth priorities.
The process went smoothly, and Vital Energi expected to use IQ Finance again in the future.
Client quote
“The whole process went so smoothly, I’m sure we will use IQ Finance again in the future.”
Vital Energi
Next step
Planning a similar software or systems project?
Start with a finance estimate, or speak to IQ Finance if your project involves software licensing, business systems, implementation, renewals or wider technology investment.
Figures are indicative only and are not finance offers. Final approval is subject to status, lender criteria, affordability, documentation and approval.