Why Lease Your Business Phone System?
Banks and other financing sources tend to move slowly, drawing out the process of application, review … and, finally, you receive your equipment.
Leasing moves at the speed of business; automated credit scoring; application decisions within hours of receipt. Speed, flexibility, and expert industry knowledge, all combine to explain why 8 out of 10 businesses use leasing.
The Top Benefits of Leasing Your Business Phone System
Simpler, more flexible documentation. 100% financing. Think leasing to your company should be a no-brainer? Can’t understand how decisions can take so long? They don’t have to.
- Stay on the Edge
Avoid Obsolescence Buying promotes keeping equipment far beyond its useful life. Out-dated equipment is often shuttled downstream or stored away until it is less than worthless (sold for less than the costs of selling). Leasing’s built-in termination date, the lease term, can be synchronized with equipment’s productive life. At end of lease, new equipment arrives and out-dated equipment is shipped out. Which leads us to …
- Asset Management
Leasing and asset management go hand in hand. The process of buying, maintaining and disposing of equipment can distract valuable IT resources from mission-critical priorities. Leasing can be implemented as outsourced asset management. How? Call us.
- Pay as the cash flows
Is your business seasonal, your business cycle predictable? Why not pay for that new equipment when it is paying for itself. Leasing is flexible: customized lease payment schedules.
- Fixed rate lease payments
No variable interest rates here. Fixed payments enable a lessee to more accurately predict equipment costs and cash needs.
- Capital Conservation
If it appreciates, buy it. If it depreciates, lease it. Traditional bank lines are perfect for running the day-to-day operations of a business but not for funding long-term equipment acquisitions. Leasing provides an alternate source of credit and financing more suited for depreciating technology assets. Don’t invest in depreciation.
- Overcome Budget Limitations
Your budget allows the purchase of only what you absolutely require … not what your really want and need? Ask how leasing can stretch budgeted dollars to acquire the quality and quantity you really need.
- Conserve Credit Lines
Leasing does not weaken your borrowing power because money has not been borrowed. Lease and your existing credit line stays healthy and available for the unforeseen.
- Tax Benefits
Lease rental payments are made from pre-tax rather than after-tax earnings. Lease payments may be fully deductible, consult your accountant.
- Competitive Advantage