Are you looking to purchase or lease an MFP (multifunction printer) for your office? There are a few considerations when investing in high volume printers or copiers. At first glance, it can appear that purchasing equipment outright from the start could be good business. However, it is important to look at the benefits of leasing equipment. It could potentially free up cash flow to put toward business growth initiatives and allow freedom to upgrade and stay head of the technology curve. Here are 5 ways businesses can benefit from leasing office equipment .
5 Advantages of Leasing Office Equipment with Com Pro:
1. Lower to No Upfront Costs
Office equipment including all-in-one printers, copiers and MFPs can have substantial capital investments. Having the option to lease allow company’s to acquire high-tech office equipment with little to no upfront costs. In many cases, organizations won’t be required to make a down-payment on the initial costs. This can save the company resources and free up day-to-day cash flow to meet other business needs.
READ MORE: The Ultimate Buyers Guide to Office Printers & Copiers
2. Easy Monthly Payments = Better Cash Flow
Forecasting and monthly business budgets are easier when you know the office equipment lease payment. Whether it is monthly or quarterly payments, leasing is a good option for businesses wanting to spread out costs more evenly over the course of the lease. This means being able to reserve cash and credit lines for helping grow the business.
3. 5-Year Office Equipment Guarantee
At Com Pro Managed Print Solutions, all of our service contracts come with a 5-year guarantee, which means that if there are any problems with your office equipment that we cannot fix, we will replace the machine with the same or a similar model. It is easy to upgrade equipment while on a lease. Ask us how
4. Upgrading when technology changes
For businesses that need to stay ahead of the curve being able to quickly and easily upgrade equipment to meet technology demands is easy when leasing equipment. Leasing office equipment can make it easy to upgrade at any point during the lease term. Being able to quickly and easily upgrade equipment to meet technology demands is easy when leasing equipment. You won’t ever feel you are “trapped” with an outdated or obsolete piece of equipment.
5. Leasing vs Loans
Majority of leasing companies are managed and or a subsidiaries of large banking organizations. This means getting a lease isn’t much different than getting a loan. One thing of note is that it is now required that businesses must be in business for a minimum of 2 years or they must use a personal guarantee. Choosing to do a lease, however, would allow for freedom of upgrading equipment at anytime.
The benefits of leasing office equipment can help business owners cut down on costs and stay ahead of the technology curve. At Com Pro Business Solutions, we offer a wide range of office equipment, including all-in-one printers and multifunction photocopiers, that are ideal for businesses of all shapes and sizes. Contact us for your comprehensive business analysis and office equipment quote. Request a Quote