Taking a lease on a multifunction printer as opposed to buying the device outright is an option that may have benefits for your company. Many office equipment supply companies are willing to lease multifunction printers, offering an attractive alternative for your company due to the flexibility leasing provides.
Cash flow is not adversely affected, and budgeting is made easier. This type of agreement removes the need for large, upfront capital expenditure, preserving working capital for business expansion projects, for instance. The cost of maintenance and consumables may even be included in the monthly payment. Some suppliers may permit you to upgrade your device in the event of newer technology becoming available.
This flexibility prevents your company from having to struggle on with obsolete equipment when more efficient alternatives come to market.
Other Benefits When You Lease Multifunction Printers.
Working capital preservation and flexibility have already been highlighted, so what other benefits are there to persuade you to lease instead of buying outright? Multifunction office printers are replaced between three and six years after installation. When you lease multifunction printers instead of having an ad hoc requirement to reinvest, predictable monthly expenses are easily budgeted for and more manageable.
Better control of the total cost of ownership is possible when you choose to lease multifunction printers. Each month has a fixed cost which has been is budgeted for, eliminating the potential for unpleasant unplanned demands on cash flow. Cash purchase makes the accurate calculation of total cost of ownership difficult.
Depreciation, currency fluctuations, replacement cycles, changes in interest rates, and other variables make the real cost of ownership difficult to calculate accurately. Most reputable companies who lease multifunction printers provide comprehensive asset-tracking software as part of their offering.
Who to Deal With?
Well-established office equipment suppliers, such as Raydian, provide a range of office equipment at competitive monthly payments to suit most business requirements. Raydian is aware that buying a multifunction device represents a significant capital outlay for many businesses, especially in the tough economic times brought on by the Covid pandemic.
Choosing to lease multifunction printers instead of buying will save on negative cash flow and still allow the procurement of the devices needed to create and sustain a competitive advantage. Renting your printer from us at Raydian represents a cost-effective way of meeting your business requirements while reducing the need for initial capital expenditure. Tailored pricing is available to suit most requirements and upgrades are possible when the need arises. Lease payments are tax deductible and are viewed as “off-balance sheet” financing, making this a tax-efficient option. For added peace of mind, maintenance and repairs are also taken care of as part of the deal. To lease a printer form us click here.
