Renting or Leasing a printer is a solution many businesses take advantage of to assist in cashflow. Multifunction printers are expensive and the capital cost of an outright purchase can be prohibitive. A lease or a rental agreement is often the answer and will result in the latest equipment for an affordable monthly payment.
Most agreements are over a 5 year period. However we can discuss alternative terms from 2 – 6 years depending upon your requirements and circumstances.
As your business needs change (and hopefully grow) during your lease, you can consider adding new machines, new software and new technology to your lease, so that you always have the latest equipment to enable your business to flourish.
In addition to your rental or lease agreement, we would provide a service contract to run in tandem with your lease, which would cover your technology for service, breakdown, inks, toners, parts etc.
We can roll both lease and service into one fixed monthly / quarterly payment so that you can budget and know exactly what your ongoing print costs will be. Our agreements are transparent with no hidden horrors. We pride ourselves on long term relationships with our customers which can only be achieved with fair and honest agreements.
- Keeps equipment fresh – replace old technology for new technology at the end of each lease term.
- Preserves working capital – leasing avoids the potentially large initial outlay of an equipment purchase, leaving money free other parts of the business.
- Creates a fixed cost – Leasing creates a fixed tax-deductible cost that avoids the need for complex depreciation schedules.
- An equipment & consumables bundle – rolling lease and service into one monthly / quarterly fixed cost makes it easier to budget, rather than having to buy inks and toners each time you run out.
Questions & Answers Regarding Printer Leasing
- Who retains the equipment at the end of the printer lease?
Title to the goods remains with the finance provider, which means the equipment does not show on your company balance sheets and therefore not applicable to the expected value depreciation over a fixed period. This of course gives you the advantage of staying in touch with the latest technology by changing your equipment towards the end of your lease.
- Can we upgrade before the printer lease agreement expires?
Yes. A Printer Leasing facility allows businesses to keep up with changes in technology as your original installation can be altered either during or at the end of your lease period. The normal reason for this is due to a customer’s expansion of business and their changing needs.
- Why should I choose Printer Leasing?
All sectors of the British economy take advantage of Printer Leasing; it is the most popular choice for small businesses that need a mid-to-high volume Printer just as a large multi-national organisations prefers to keep a tighter control on their finances and enjoy the tax efficiency and upgrade opportunities of a lease agreement over purchasing.
- How does Printer Leasing work in practise?
With Printer Leasing there is a contract between a finance company and the customer, giving the customer use of the equipment on payments of rentals over a period. When you lease equipment you make a series of regular (usually quarterly) payments, instead of a large capital outlay.
- Why lease a printer rather than purchase?
The cash flow and tax relief benefits of printer leasing provide a very strong case against cash purchase. If you buy equipment outright the capital invested becomes, in effect, tied up in a depreciating asset. Printer Leasing on the other hand allows you to save resources for other purposes or opportunities. To be sure of the right decision for your business specifically, speak to your accountant who can advise upon what is best for your company financially.
Quotes / Advice
We have expert advisers on hand ready to talk you through leasing a printer.
Whether it’s your first time and you are at the start of considering a lease or you have multiple machines and have leased many times before, let us talk to you about how we can help. By telling us what you would like to achieve, we can be sure to deliver you a machine and a lease that is right for the job.
Call today on 0121 516 0222 or email us at email@example.com