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SatLease Capital launches satcoms equipment leasing venture

A new venture to help maritime and land customers lease satellite equipment has been launched.

SatLease Capital will enable end-users to simplify the cost and process of utilising the very latest satellite telecommunications solutions by making fixed, regular payments instead of having to capitalise a large equipment purchase upfront. Additionally, any scheduled replacements or technology upgrades can be included in the lease, ensuring that customers don't miss out on features and efficiencies as technology advances.

The high upfront capital cost of financing equipment is a major inhibitor of growth for service providers who serve the satellite telecom industry and for those who rely on the connectivity services this equipment provides. By delivering an innovative solution to this problem, SatLease Capital will enable service providers to achieve faster business growth whilst being able to deliver more cost-effective solutions to their customers than ever before.

"We recognised that there was a growing need not being met in the market," said SatLease Capital chairman Erwan Emilian. "We've assembled an elite squad with global satellite and finance experience and expertise second to none and have already started to finance both land-based and maritime satellite telecom equipment needs for customers around the world."

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