Northern Leasing- Leading The Leasing Fraternity

There was a time when small and medium businesses invested large amounts of cash in purchasing POS equipment

. Thus, something which would be generating money indirectly for the business while asking for the same even before a single sale is made! But the times have changed and entrepreneurs have realized how the money could be put into a better use by hiring POS equipment on lease.

The concept is not new. A company supplying POS equipments charges a small monthly amount for the use of its equipments. Terms and conditions are mentioned on the lease and when both parties reach on a common ground, the lease is signed. Though there are a number of firms operating in the leasing business, one that is leading the leasing fraternity is Northern Leasing.

The company started its operations in the year 1991 and is counted amongst the first firms that entered the waters of POS equipment leasing. Early start and survival of Northern Leasing has brought the firm a number of advantages against its rivals. By being in the business for long, the firm understands the services a lessee looks for and how to furnish them in the most cost effective manner.

One factor that works in favor of the firm is its servicing factor. If there is damage to any of the leased POS equipment, the manufacturer of the device takes care of repairs. Therefore, the lease doesnt have to worry about any breakages or malfunctions. At the maturity of the lease, the lessee can get the term extended and keep on availing the services.

Northern Leasing also offers the option of eliminating any specific POS equipment if the lessee no longer feels its need. For young retail stores and restaurants, leasing could be the best option in the initial stages as it keeps the initial investment low. The firm also has ATM services in its service portfolio if a client is interested in giving its business the ATM advantage.

Businesses, today, require partners that could assist an idea to bloom into something much bigger and Northern Leasing aspire to do the same for their clients.

by: Sandeep Thakur

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