Investing in the latest IT equipment and technology is one of the biggest expenses for businesses, but it’s often a requirement for companies to stay agile and provide their workforce with the right resources for success. What makes this expense more challenging is the rate at which hardware becomes obsolete and outdated, so after a few years, you’ll need to reinvest in upgrades. Opting for leasing computer hardware is an excellent alternative finance solution that helps mitigate these issues while offering a few other notable benefits. In this article, we’re going to look at some of the advantages of choosing to lease your computer hardware instead of buying it outright.
Smaller up-front costs
One of the biggest benefits of leasing IT hardware and equipment as opposed to buying outright is the up-front cost. The price of hardware gets quite expensive, particularly if you’re kitting out the entire workforce with new computers. Choosing to lease instead of buy ensures that you don’t have to pay a lot of money up-front to receive high-end, high-quality hardware.
Easy monthly costs
Not only does leasing computer hardware mitigate up-front costs, but it also helps you factor in the payments due to consistent monthly bills. You won’t have to worry about a spike in bills for things like repairs or buying new equipment because it’s all rolled into a single monthly bill when you lease it. Having these predictable monthly payments means that you can easily account for them, ensuring that you have more control over company finances.
Better hardware for less
Choosing to lease hardware instead of buying it means you have a lot more agility in terms of upgrades and higher quality technology. As hardware leasing costs less up-front, you can afford to pay for the better hardware which gives your staff better resources to succeed in their roles. You’re spreading the cost of the equipment over a period of time, so you have more flexibility in terms of how much you pay each month. This gives you access to much better equipment should you wish.
Benefits of leasing computer hardware
We can help your clients understand the benefits of leasing and help you understand the soft benefits, which are not always obvious. Such as customer loyalty, ease of doing business and controlling onward refreshes. These are just some of the business drivers Tower help our clients achieve.
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