There are many compelling reasons to lease technology. Implementing a leasing strategy provides benefits that both technology and finance executives can agree upon.
- Technological Benefits
- Keep current technology on your users' desks with a built-in refresh strategy.
- Retrieve and download information regarding your leased assets online.
- Gain flexibility to upgrade technology to meet your changing needs.
- Simplify disposal of assets - just return the equipment to your lessor.
- Financial Benefits
- Reduce total cost of ownership.
- Manage cash flow and budgets.
- Keep debt off your balance sheet and improve your performance ratios.
- Conserve working capital and keep lines of credit intact.
- Eliminate book write-downs at the end of the equipment's useful life.
- Lease payments may be 100% deductible as an operating expense (please review this with your accountant).
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