Why lease a laptop

Why lease a laptop

Why lease a laptop

Even if you can afford to buy IT equipment for your business outright, it is worth considering whether it is better for business to take out a laptop lease.

The main argument for leasing as opposed to buying is that it allows your business to retain capital, instead of having to spend an often significant lump sum upfront. When leasing laptops, you can make payments on a schedule that fits your own revenue cycles; for example, to coincide with weekly payments of your own invoices and freeing of assets. Leasing means that the acquisition of what is usually costly equipment has a minimal impact on the company's cash flow.

Additionally, leasing is often simple; generally it does not require a deposit, or lots of paperwork and there is no wait for contract approval - obstacles that can often deter customers from finance options. With leasing the process itself can be carried out quickly and efficiently as most applications can be made online and an instant decision is made.

As mentioned previously, unlike with a loan or other financing methods there is no waiting for a third party decision with laptop leasing. Whether you are hiring a laptop for a day or or you want to lease 100 laptops for a year it is undeniably cost effective. Obviously, the longer you lease the laptop for, the less you have to pay.

Laptop leasing is great if you are hiring temporary employees, it will enable the person to have a brand name machine for a fraction of the cost of new equipment. It is also practical for large groups, if you are leading a course or taking staff training laptop leasing is a great way to ensure everyone has access to the same software on a clean, virus free laptop.

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