7 Reasons
Why You Should Lease
Enjoy IT leasing options that keep pace with business and technology
1.
No large initial outlay of cash
Leasing helps companies overcome financial obstacles. When you purchase, there is a huge capital outlay required upfront. With a lease, you can spread that cost over 36 – 48 months and enjoy fixed payments. You can also protect existing credit lines and preserve your cash flow.
2.
Preserve cash flow
Businesses often find that they have to stretch their budgets over a multitude of operating costs such as staff, training, office space rentals, advertising etc. Leasing is a really good way to save cash and redirect it to other areas in your business.
3
Increase your bottom line
At InnoVent, we invest a residual value in your equipment. In doing this, your leasing costs reduce significantly resulting in a lower cost of finance that reduces the total cost of ownership - equating to real savings.
4.
Enjoy a fixed interest rate instead of a floating rate
Unlike a bank loan where repayments and interest rates fluctuate, leasing equipment gives you a fixed rate for the term of the lease. You pay nothing upfront and with predetermined payments, you can budget better.
5.
Keep your equipment up to date
Leasing ensures that you always have the best equipment, be it desktops, laptops or other hardware without running the risk of investing fortunes in machines that will become obsolete in a few years. At the end of the leasing contract, you can keep pace with technology and upgrade to the latest models.
6.
Reduced downtime
Sweating assets might save capital or reduce cash demands, but support costs and failure rates are inevitable. As equipment ages, internal components progressively wear out, leading to slower performance. Productivity suffers, and maintenance costs rise. If you are on a lease, you will have the opportunity to trade in the slow and outdated equipment..
7.
Asset disposal
When you own assets, the burden to recycle or dispose of the equipment once it eventually becomes obsolete rests with you. With leasing, however, this hassle is taken out of your hands and falls solely on the leasing company. It’s their responsibility to take care of it, not yours.
In today’s technology environment, organisations are operating in a landscape shaped by global chip shortages, rising hardware costs, rapid innovation cycles, and increased pressure on budgets.
Readiness for the digital economy is no longer just about having the right technology, it’s about having it at the right time, without slowing the business down.
However, with economic uncertainty, higher interest rates, inflationary pressure, and currency volatility, large upfront technology purchases can delay procurement, restrict cash flow, and increase financial risk.
Traditional buying models often force organisations into long approval cycles or rushed decisions that don’t align with fast-changing business needs.
Leasing is a viable alternative whether you are cash rich or follow a conservative capital expenditure model. Leasing enables access to essential technology without the burden of significant upfront investment. It lowers the barrier to procurement while preserving capital for higher-value priorities.
Initial costs are much lower in comparison to buying the equipment outright. Payments will also be predetermined and fixed, making it easy to balance budgets. When paired with an asset management component, leasing also assists with the essential facilitation of lifecycle management practices.
While the pull of owning equipment is often strong, equipment depreciates in value as it ages and will eventually become obsolete. The resale value significantly drops and you will likely have to sell them at a much lower price than what you paid to acquire them.
Equipment leasing employs strategies to ensure the most productivity is gained from the equipment and when it's time to upgrade, equipment is always kept up to date.
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