Here are some very good reasons to lease IT equipment rather than pay an invoice off from working capital.
You can offset lease payments against your taxable profit and reduce your tax bill.
No need for large upfront deposits, just fixed monthly rentals.
The rentals are fixed throughout the terms of the contract thereby protecting you from inflation and enabling you to plan for future acquisitions and upgrade.
You preserve your existing lines of credit with your bank thereby protecting that relationship.
This is paid with each monthly rental rather than upfront as on an HP agreement.
Technology leasing allows you to work with the supplier (s) of your choosing to upgrade your equipment before it becomes out of date, too slow or just overtaken by new developments.
Rapid underwriting, electronic documentation and dedicated support teams that can answer most questions on the first call when needed – taking away the hassle of arranging finance.
A low cost rental means you can afford to bring on board more equipment on day one rather than have to wait until your capital budgets is free.
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The most common sense way to fund technology is via a lease. The are numerous benefits to this but if we had to encapsulate it in one word it would be flexibility.
Practically everything involved in delivering your project, from hardware to software and services. If there is something on this list you don’t see just ring us - we like to learn.