by Clare Louise | February 20, 2019 6:38 am
Most businesses today rely on printers to handle documents, which are one of the most important assets in any business. Even if your organization doesn’t have any processes which require a lot of printers, you will need to have one or two for important business documents.
When acquiring printers, you can choose to lease them or buy new ones, but here are some benefits of printer equipment financing.
Small Upfront Costs
Start-ups or smaller organizations that weren’t able to make a greater breakthrough usually don’t have enough funds to buy equipment upfront, especially when it comes to printers, as they are not their top priority.
At the same time, they need this equipment. And, with leasing, you can get the equipment you need to improve your operations without investing a lot of money upfront and use your tight budget on more important things.
Always Have New Printers
Printer leases run for a certain period and, after the lease is over, the company is obligated to return the equipment to the leasing company. In some cases, they can decide to buy them off, but the great thing about this is that you can get another deal to lease new printers and continue the cycle for as long as it suits you.
This helps you plan ahead with your equipment needs and choose which features or designs you would want in the future.
Most leasing contracts come with maintenance agreements. This means that the leaser provides coverage for parts, breakdowns, and maintenance. This is specifically designed for smaller businesses that have small IT departments (or don’t have any).
This means that the leasing company can be contacted at any time when you have an issue so that they can send down their support team to repair what’s broken. Additionally, make sure that the contract obligates them to provide maintenance services.
Buying a single modern printer can be a big investment for a small organization. This means that the company will be committed to that piece of equipment for a long time before it is able to come up with the money to replace it.
With leasing, you can find contracts that last for a short period so that you always have the option to change your equipment. Additionally, some leasing companies offer contracts where businesses can always ask for an upgrade, no matter how long their contract lasts.
Printer leasing has its benefits and investing your capital is not always the right way to go, especially for a smaller organization.
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