IT equipment leasing is growing in popularity and there are several reasons why your company might choose to lease IT. One of the primary benefits to leasing equipment is the flexibility. You can easily adjust your equipment setup to match your projects and your current company needs. It also allows you to maximize and customize your budget for those same projects.
Leasing helps to prevent technological obsolescence. Because technology is constantly changing, it is easy for equipment to become outdated.
Leasing gives you the opportunity to keep your business current, and on the cutting-edge of technology. IT equipment leasing allows a company to better match cash outflow with revenue production over the use of equipment.
Overall, it can be a beneficial system and might be the perfect choice for your business.
Top 10 Reasons to Lease
1. Balance Sheet Management
Leasing can help you better manage the balance sheet and improve the overall financial picture. It does this by conserving operating capital and freeing up working capital. It also allows bank credit lines to be more available for inventory, expansion and emergencies.
2. Financing Options
With equipment leasing, there is no down payment. The term of the lease can be matched with the useful life of the equipment.
3. Purchasing Power
Equipment lease financing allows you to acquire more and/or higher-end equipment.
4. Asset Management
A lease provides the use of equipment for specific periods of time at fixed payments and it assumes and manages the risks of equipment ownership. At the end of the lease, the lessor disposes of the equipment, making it a simple and convenient process for you.
5. Included Maintenance
Many Leasing companies include installation, maintenance and other services to their leasing process. It helps to take the burden off of you and ensures that your equipment is always up and running.
6. Tax Benefits
Leasing also allows you to deduct 100% of the lease payment as a business expense.
7. Latest Technology
Leasing provides companies with the ability to keep pace with technology. You can upgrade or add equipment to meet ever-changing needs.
8. Specialized Assistance
Leasing companies are specialists in the equipment leasing process and in financing. They will help each step of the way and ensure that you receive quality equipment with payments that work for you.
There are a variety of leasing products available, allowing you to customize a program to address your needs and requirements – cash flow, budget, transaction structure, cyclical fluctuations, etc.
10. Proven Equipment-Financing Option
Over 30 percent of all capital equipment in the United States is acquired through leasing. In fact, eight out of 10 companies lease their equipment.
Equipment leasing can be very beneficial, particularly when done with a knowledgeable IT company. If you have any further questions, check out our website or give us a call to learn more. Our technicians will work with you personally to ensure that you receive the equipment that best suits your needs and improves your capabilities.
Written By: Scott Fluty, CCNY Tech
CCNY Tech has a variety of products from some of the top names in the industry! We supply servers, networking, and storage equipment, along with custom configurations. Check out our site or call our team to learn more about our products and services! Visit Website