Leased server environment

Are you looking for a partner who is able to deliver you with a fully load balanced platform without having to make considerable hardware investments?
You’ve found us! By entering into a leased or rented construction, your investment is spread throughout multiple years. MuntInternet or a third party may
support you in creating this framework.

OPERATIONAL LEASE

Within an operational lease construction, either MuntInternet or your lease company purchases the operating asset. You then enter into an agreement with
this party, allowing you full usage of these assets for a determined duration and payment of a monthly fee.

This form of leasing is somewhat the same as renting it, although it might provide for more fiscal opportunities. Together with your accountant or
bookkeeper you can determine the best method of placing this construction on your balance. In an operational lease you’ll pay normal monthly fees without a
determined end date. When the last term is determined and has been fulfilled, the operational asset is returned to the lease company.

Another option is to determine a purchase option at the end of your contract, effectively making it yours upon the end of the lease term, or to simply
prolong the duration of the lease contract itself.

FINANCIAL LEASE

A financial lease provides for a different method, which has the most similarities to a business loan. The difference with the latter however, is that
you’ll receive financing for the purchase of a specific company asset. The lease company becomes the initial owner of the asset while you’re allowed its
usage for the duration of the loan repayment.

Another major difference with a regular business loan, is that your lease company can provide for 100% of the financing, while you receive a great deal of
liberty in determining amounts for both the initial payment as final payments. This flexibility enables you to match the monthly fees with your own
situation. After having paid the final term of the contract, the ownership of all assets are transferred to your organization.

Financial lease can be arranged in two different formats:

Lease purchase:
The leasing company purchases the asset so you may use it

Hypothecation:
In a financial lease with a hypothecation you’ll purchase the asset yourself, after which you can have it financed by your lease company. The asset itself
provides for the collateral towards the lease company.