Technology Finance | Hardware | Software(SIC 46510)

Trade Finance Global

Trade Finance Global / Finance Products / Technology Finance | Hardware | Software(SIC 46510)

What is Hardware and Software Finance?

We work with various types of companies in a number of industries who own or have the requirement to purchase technology related products. We assist in providing finance for these products or generating a financing package that meets a borrower’s needs.

Hardware and Software Finance

Trade Finance Global has extensive expertise in various types and structures of finance and the clients we work with can be assured that we are well connected within this part of the market; knowing the right funder that is able to assist. Tech finance is not a standard asset class as valuation is very difficult. Knowing the worth of a specialised asset can prove very difficult and so an expert sometimes has to be appointed.

We work with funders who have a deep understanding of the tech market and can look at a situation in a very specialized way that is not usually available when working with mainstream lenders. It is important to both understand the client and the asset, with the aim of structuring a solution that is appropriate to the needs of the business.

Hardware, Software and Service finance includes:


  • Smart phones, VOIP terminals
  • Laptops, servers and desktops
  • PDAs, Routers, Switches, UPS
  • Digital cameras, LCD displays/signage
  • Scanners, monitors and printers
  • Epos, Tablets
  • Routers, Switches, UPS
  • LCD, Digital Cameras, displays/signage, interactive boards
  • Cabling


All software types, which include:

  • Term
  • Perpetual
  • Subscription which includes variable payment
  • Specialist providers of software
  • Hosted


A hundred percent service only agreements including the following:

  • Support contracts
  • Managed service contracts
  • Installations, training and consultancy
  • Designing of websites
  • E-commerce focused platforms
Finance Requirements
  • You are looking for a tech finance facility
  •  You have an established company
  •  The company is creditworthy
How the transaction works

When a company works with technology, it is sometimes hard to put a value on the underlying product that they are working with – this is always hardware.

There are times in the life-cycle of a business where it would be suitable to release cash against assets. Technology products are by their very nature difficult to derive a value from and funders have historically struggled with value. Specialists in this sector can now provide clarity in a previously opaque market

What is the SIC Code for Technology Finance ?

The SIC Code is 46510(Wholesale of computers, computer peripheral equipment and software)

Other SIC Codes that could also be used are:

  • 62020 Information technology consultancy activities
  • 62090 Other information technology service activities


Case Study

Professional Services, Cambridge

The company were expanding and wanted to buy some heavy-duty technology systems. A standard financier would not fund the product and so they turned to a specialist who was able to structure a facility to suit their needs. This allowed growth, which did not create a hugely negative impact on the business. This also allowed employees to feel valued and be working with the most up to date technology systems, so that they could quickly and efficiently carry out their roles.

Speak to our trade finance team

Benefits of tech finance

  •  Various structured debt finance facilities available even if the banks may have refused
  •  Our partners get you competitive market rates
  •  Fast turnaround – get finance in less than 24 hours

What is Stock Finance?

About the Author

Deepesh Patel is Editorial Director at Trade Finance Global (TFG). In this role, Deepesh leads efforts in developing TFG’s brand, relationships and strategic direction in key markets, including the UK, US, Singapore, Dubai and Hong Kong.

Deepesh regularly chairs and speaks at international industry events with the WTO, BCR, Excred, TXF, The Economist and Reuters, as well as industry associations including ICC, FCI, ITFA, ICISA and BAFT.

Deepesh is the host of the ‘Trade Finance Talks’ podcast and ‘Trade Finance Talks TV’. He is co-author of ‘Blockchain for Trade: A Reality Check’ with the ICC and the WTO, alongside other industry research.

In addition to his work at TFG, Deepesh is a Strategic Advisor for WOA, and works closely with ITFA. He also sits on the Fintech Working Group of the Standardised Trust.

Prior to TFG, Deepesh worked at Travelex where he was responsible for the cards business and the Travelex Money app in Europe, NAM, UK and Brazil. Deepesh is Chair of Governors and co-opted LA Governor of the Wyvern Federation, which has responsibility for 5 primary schools in South London.

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