Raylo Business launches affordable leasing for latest devices to SMEs

Small and medium businesses can now lease the latest laptops, tablets and smartphones for as little as under 3 a month, under a new push by Raylo Business that aims to make high-end devices more accessible while reducing electronic waste. The company, an offshoot of a consumer leasing platform, is offering flexible no-upfront-cost contracts in the UK with rolling terms of 12, 24 or 36 months and fixed monthly payments, according to its promotional materials.

Raylo Business said the leasing model allows companies to spread the cost of top-spec kit without large capital outlays. Monthly payments are fixed for the chosen term and, at the end of a lease, businesses can upgrade for free, switch to a rolling monthly term, or return the device. Prices quoted by the firm are exclusive of VAT. Examples provided include the iPhone 16e from 12.91 per month, the iPhone 16 Pro from 19.66 per month and the iPhone 16 Pro Max from 24.99 per month. Foldable Samsung models start from 37.16 per month, while a MacBook Air 13-inch 2025 model is listed from 21.24 per month and an iPad 11-inch 2025 from 7.49 per month. The company also highlighted lower entry points, saying smartphones can start from...