Advantages of Leasing an MFPCopierEarth_Editor
Leasing is often the best approach of getting the right technology into your office. Here are 6 common leasing advantages:
There is no need to wait until you have enough capital to make an outright purchase. Leasing facilitates taking advantage of technology to grow your business now instead of waiting.
Leasing helps in reducing Startup costs. Because costs are spread over the entire leasing period, initial expense is small. This enables you to obtain the equipment quickly at a fixed monthly charge.
Technology is evolving rapidly. The right leasing program gives you the option of upgrading the equipment any time during the lease. When a new and improved technology comes in the market, you can upgrade your lease rather than waiting for you lease to expire.
Your organization’s cash flow can be conserved for profit-generating activities, emergency needs, and investments.
Lease provides tax benefits as it is considered as pre-tax business expense You can deduct a lease payment each time it’s made.
When the lease ends you have an option of buying the unit, upgrading it or returning it.