Four Benefits of Leasing Your Office Printer and Copier
1: Low Upfront Cost
Leasing a printer or copier is ideal for small businesses on a tight budget, because most leases do not require a down payment. Since you don’t have to make a significant upfront investment, leasing your office equipment frees up your cash flow.
You can also deduct your lease payments as a business expense most of the time. Leasing allows you to access the office equipment your small business needs without having to settle for lower-quality, outdated machines or cut back on other critical investments.
2: Affordable Monthly Payments
Lease payments on office equipment are typically lower per month than rental payments. The longer your lease agreement, the lower your monthly costs. With our lease agreements, you can tailor your monthly payment schedule to fit your budget. You can pay off your loan quickly or take as much time as you need to continue running a successful business.
3: Save on Maintenance Costs
Maintenance is crucial for extending the life of your equipment and preventing malfunctions that lead to costly downtime. At WiZiX Technology Group, the cost of maintenance is included in your lease. You can keep your technology running smoothly with regular preventative maintenance without breaking the bank.
4: Keep Your Equipment Up-to-Date and Secure
Leasing your equipment allows you to avoid obsolescence. Outdated office technology often leads to security risks, downtime, more frequent maintenance, and expensive repairs. These interruptions to the workflow also result in poor productivity, which can be costly for your business. New technology comes with more advanced features that improve productivity and security in your office.
When you reach the end of your lease, you can easily upgrade to the latest and greatest printers and copiers to keep up with current technology trends. And, when you lease there’s no need to worry about properly disposing of your old equipment—you can simply return it to your provider.
What to Consider Before You Buy or Lease Your Office Equipment
Although there are many benefits to leasing your printer or copier, it may not always be the best solution for your business. Before you decide to buy or lease your office equipment, consider the following factors:
- Your equipment needs (necessary features, how often you will use it, whether you’ll need to upgrade frequently, etc.)
- The size of your budget
- How much you’re willing to spend upfront
- Whether or not your business has good enough credit to lease equipment
If you need to upgrade on a regular basis to get equipment that has all the latest features, it will save you money upfront to lease your machines. However, if you plan to use a printer or copier for its entire lifespan, then purchasing the machine outright may be better for your business.