What Computer Leasing Organizations

Don't Let You Know About Computer

Hardware Leasing

Because financial managers and many Canadian business

owners aren't technology savvy they're often intimidated

and perplexed by computer leasing companies and

computer hardware leasing. We also are always surprised

when clients don't know that computer software could be

financed also - not everyone knows or informs you that. If

a particular flexirent company doesn't by policy finance

software, guess what, you have other financing alternatives

for that a part of your purchase.

You have made the decision to lease of finance your technology, which can include equipment,

software, telecom equipment, hubs, and so on! One of the key drivers in your choice is-of course

always the huge cost of capital equipment acquisition in technology. And it's not as if that's an

appreciating asset on your books. Have you ever checked out computer and technology prices -

performance rises and new models come out every year, and price comes down. Besides total

price that is of course good news.

What many lease businesses don't tell you is the fact that you have numerous important decisions

to make when you lease technology, and their firm mightn't always be the best one-to finance

your purchase. Why is that? Due to the fact capital companies are not technology companies,

they are influenced by pure reunite o-n invested capital. They earn money via the sale of one's

computers, along with the particular interest rate on the transaction at the end of-the lease if you

have entered in to a good market lease. (More about fair market rents later )

Other ways when the lease company makes money off-your firm may be the power to lock you

in to a relationship where you become a repeat annuity customer for additional technology

funding. Other simple and minor profit generators for lease companies that you might not know

about are:

- Interim rents

- Pre-pay penalties

- Admin fees

- Excess use and refurb charges,

Etc!

Let us proceed to major secret # 2 your computer lease company might not tell you about. That

problem is situated around the idea that you want to work with technology, maybe not own it

(Why would you want to own a depreciating and obsolescing asset?). The perfect solution is that

drives and solves that problem is the previously mentioned fair market lease, usually referred to

as an operating lease. That more frequently than not, for an important computer lease financing

is the best solution for your leasing needs in technology. But think what; we sense that probably

90% of firms do not provide that solution, since it involves being an expert in property and

residual values. Finance lease businesses will not know a lot of about the pieces and bytes.

Thus you must ensure that you've options within your lease proposal that identify whether you

can fund o-n an operating lease basis also. It could certainly not make sense for a small purchase,

but a larger order must look into this strategy.

Another major advantage of leasing in general relates to computer leasing, which is that

miscellaneous put on's can be borrowed - they include delivery, mount, warranty, and so on. Not

every organization enables you to fund these, most will. And, as we mentioned, don't forget,

Software may be financed!

Investigate watchfully the financing of technology - these resources are expensive, devalue, and

you may not need to make a poor financing decision for technology that's driving your sales,

sales and customer relationship data.

More information is found click here.

Speak to a trusted, reliable, and experienced

business financing advisor to ensure you realize

the 'secrets' of flexirent financing.