Is Leasing Office Equipment Right for Your Business?

equipment leasing

Despite our high-tech business environments, office equipment is still relevant to running a successful company. While we may have evolved past the days of a lone office copy machine, printers, copiers, and MFPs are as necessary today as they were 20 years ago. Their features may have evolved, but their functions remain as important as ever.

When you realize that it is time to upgrade your office equipment and update your systems to meet today’s needs, consider leasing as an option.

Reasons to Lease

Leasing office equipment is beneficial for many reasons. Let’s explore the top four reasons why your business should consider leasing your next multifunction printer or copier.

Stay Up-To-Date

Keeping up with technology can be challenging and intimidating in our fast-paced world. So many devices seem to become obsolete as soon as you figure out how to use them! The good news is that when you lease a copier or printer, you can ensure that you have the most current model that is compatible with your systems. Leasing enables you to upgrade rather than purchase new.

Repair and Replace

Even the best equipment experiences setbacks. Sometimes, devices shut down without warning, and if you own that device, you could be in trouble. If you lease your office equipment; however, we can streamline the repair or replacement process, taking the burden off of you and your staff. Even if the repair is not under warranty, we can still help facilitate the repair and provide a temporary model to keep you up and running while it is fixed or replaced.

Lower Up-Front Costs

Although renting office equipment can add up and be costly in the long run (just like purchasing), leasing offers lower immediate costs. This is especially helpful for small-to-mid-sized businesses that lack the up-front capital required to buy office machines. Plus, renting means lower monthly costs that are easier on the budget.

Tax Benefits

Did you know that leasing office equipment can also help you during tax season? Since it is considered a “pre-tax business expense,” you can write off your monthly rental fee with your other eligible business expenses. Note: your one-time purchase fee is also tax deductible if you do choose to buy.

Have a question about leasing or need more information? Contact us.