Spread the Cost of Your Next Commercial Drone for up to 7 Years.

Prisma Technologies has partnered with Finance@work to help make our innovative technology solutions more accessible to our customers, and to help businesses with acquiring drones under operational expenses, rather than outright capital expenditure.

Preserve Your Cash Flow

Put your cash into your business where it can be better used rather than purchasing drone equipment outright. Don’t wait for your investment to generate you income, instead you can now ensure your business has the right tools to deliver the highest levels of productivity.

Get The Equipment You Need Today

By using finance you can acquire the equipment that your business needs, particularly where there is a limit on capital expenditure. Get the solution that’s right for your business and pay for it over its lifespan.

Flexibility

The finance agreement can be structured to your needs. You may choose to finance over various terms. Payments may also be structured, monthly, quarterly or annually to suit your requirements.

Tax Advantages & Budgeting

Under a Rental or Operating Lease, monthly payments are 100% tax deductible (provided it is used for 100% business use). Under a Chattel Mortgage, you may claim the interest payments and depreciation on the equipment as a deduction. Payments are fixed throughout the term of the agreement making it easy to budget your expenses.

*Prisma encourages customers to seek their own financial advice

Although private and commercial drones are becoming less expensive as the UAV industry matures, they still represent a sizeable investment for many commercial enterprises in Australia. However, with commercial drone financing and leasing packages now available, the entry cost can easily be defrayed over a period of months or years.

If you are keen to start a new drone programme — but find it difficult to justify the capital expenditure at this moment in time — we recommend considering the packages offered by our partner. Finance@work is a reputable financial services company partner that has been helping companies in Australia for many years now.

A Quick UAV Financing/Drone Finance Primer

The majority of financing packages available for drones right now are based on a leasing model. You pay a monthly fee for the equipment you need and at the end of the lease period, you simply return the drones and accessories. In Australia, drone lease contracts may also include a clause that gives customers the option to buy the equipment for a reasonable final payment rather than returning it.

This is a great option for companies that are not entirely sure how much value they will obtain from a new drone programme and are therefore reticent to make a major capital investment in the technology.

Both short and long-term leasing agreements are available, making them a viable proposition for one-off projects as well as for drone programmes that are intended to be more permanent. If you would like to put together some aerial footage for a special project, you can opt for a short-term agreement.

If you are planning a new, long-term UAV programme in Australia, drone lease packages with contracts that run for a year or more will be more suitable for your needs.

The Terms of Your Financing: Drone Finance/Leasing Contracts Explained

Terms and conditions vary from one finance provider to another and may also depend on the type of contract that you choose. Among the most common leasing/finance, terms you will come across are those that state commercial customers must have the following:

• A verifiable trading history

• A remote pilot licence

• Public liability/hull insurance

In addition to these requirements, you will probably be asked to put up a deposit. The duration and scope of the lease will also be stated in the terms of the agreement.

If you are interested in acquiring a commercial drone package from Prisma Technologies, please feel free to contact us to discuss the current finance/leasing options. We have many different products and services that are designed to meet the needs of companies in various industries, including agriculture, construction, oil, gas and mining, public safety and energy.