When it comes to technology, there are a lot of options to choose from. You can purchase the latest and greatest equipment, or you can lease it. There are benefits to both approaches, but in most cases, leasing is the smarter option. Here are three reasons why businesses should lease technology equipment.
You can save money by leasing technology equipment instead of buying it outright
In today’s business world, technology is essential. From computer systems and software to audio-visual equipment and phones, businesses rely on a wide range of tech products to function effectively. However, buying all this equipment outright can be very costly, especially for large-scale operations.
A better option is to lease the equipment you need. This can save you a considerable amount of money, as you only have to pay for the use of the equipment, rather than its full purchase price.
Leasing allows you to upgrade your technology more frequently
Technology finance options like leasing allow your business to upgrade your technology more frequently than if you were to purchase the equipment outright. This can be very beneficial if you are constantly needing to stay ahead of the competition or keep up with changing customer demands.
When you finance equipment through a lease, you are essentially paying for the use of the equipment over time, rather than investing in an asset. This can be a more effective use of capital for many businesses, as it frees up funds that can be used for other purposes. As a result, leasing can be a great way to finance your business’s technology needs and upgrade your equipment more frequently.
Maintenance and repairs are included in the lease agreement
Including maintenance and repair costs in the lease agreement can be a great way to budget for unexpected repairs and ensure that the equipment is always in good working condition. Including these costs in the lease agreement can also help businesses to avoid taking out loans for repairs, which can save money in the long run. When it comes to finance, businesses should consider all of their options before making a decision.
Lease technology equipment – find out more
At Tower Leasing we have experience working with technology resellers across the globe, including businesses in the public sector and SMEs. We can help technology resellers secure assets such as tablets, servers, software and laptops.
Visit our technology finance section to find out how we can help you deepen client relationships and experience the bottom line positive impact of technology leasing. Get in touch today to find out more.