Why leasing office equipment is better than buying

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Leasing office equipment

Leasing Office Equipment

There comes a time in the life of any business when decisions must be made for selecting the telecom equipment that will best suit the needs of that business – now and for the foreseeable future.

Telecoms equipment is a necessity so it makes good business sense to invest in a way which is cost-effective and beneficial to your business in the longer-term.

Many people think that the only option to upgrade / replace existing IT office systems, telephones and equipment is to buy it outright.  Yet there is another much quicker and simpler way that you can get access to the latest cutting edge technology with minimal investment.

Leasing office equipment such as IT  as opposed to buying it outright is quickly becoming the number one way many businesses are choosing to meet their business needs. The reasons for this is due to the many attractive options that are available to them.

When you purchase IT equipment outright, it has a typical depreciation period of five years. Leasing accelerates the effective tax-related life cycle, allowing you to keep your technology fresh. Leasing also preserves capital, gives you a better return and strengthens your market position.

Items such as photocopiers, scanners and printers can be quite costly, especially if the equipment becomes obsolete during ownership. This can make it difficult to resell the equipment in a couple years’ time when you need to upgrade.

The benefits of leasing office equipment

There is the convenience involved when you lease your telecoms equipment. It means you can have what you need, when you need it, without worrying about how to finance it. If you decide you want to upgrade part way through the leasing period this can easily be arranged, and a new schedule of payments negotiated.

By allowing you to introduce new systems at an earlier stage, leasing makes you more responsive to ever-changing market imperatives. This translates into far greater flexibility, not only in terms of technology but more importantly in terms of your finances.

When leasing office equipment you can spread the cost over its working lifetime and it leaves existing credit lines and overdraft facilities undisturbed and unlike bank facilities, cannot be withdrawn at short notice.

Leasing also provides tax advantages as by leasing rather than buying you can usually deduct it as an ordinary business expense in the year that is was incurred. This is instead of an annual tax allowance of only 25% on the capital value of the equipment which usually depreciates according to the applicable IRS tax schedule.

How we can help

We have many different options for clients when considering lease rental and finance plans and with some products we can even offer Interest Free finance plans.

If you would like a quick quote just to know how much it would cost you for that new system, then please let us know. Rental plans start at around £25 per month for telephone systems and you might be surprised just how little it could cost for a new telephone system that could improve your efficiency and customer service levels.

We hope the above information is useful to you. If you would like assistance in understanding your best options then please contact us on 0800 505 3350.  Alternatively, you can download our telephone systems buyers guide as useful reference material or even run a Quick Quote to obtain a budget cost for a new telephone system in less than 60 seconds.

If you are planning an office move or maybe setting up a new one, visit our Services Page where you can find lots of useful information to help you to make the right decisions about your communications infrastructure.

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