Cash Impact
- There is no cash outlay which frees up cash for other operating expenses
- It is like an additional line of credit or extra working capital for the business
- The equipment is financed at a fixed rate for the term of the lease (i.e. the monthly payments will not change)
Accounting Impact
- Simplified accounting procedures via monthly invoices
- Lease payments fit within your operating budget, eliminating the need for capital expenditure approval
- There is less paperwork required for funding approval and personal guarantees are not required
- Leases are a form of off-balance sheet funding that preserves your capacity to borrow
- Leasing improves the return on investment & return on assets financial ratios
Technology Ownership
- You are not investing funds in rapidly changing and depreciating technology
- You are paying for the equipment as you use it
- By removing the hassle and cost of ownership, leasing allows you to focus on your core business
- Leasing is a hedge against inflation - you can have leading edge technology of today and pay for it with tomorrow’s dollars
- Avoid technology obsolescence and manage the technology platform lifecycle
- There are no maintenance responsibilities that come with ownership of equipment
- The hassles of selling used office equipment are eliminated
Tax Effective
- Payments for operating leases (as opposed to finance leases), where the term of the lease is less than 75% of the useful life of the asset, are fully deductible for tax purposes - reducing the net cost of the lease
Why Lease from PC Rentals?
- Flexibility is the key to leasing from PC Rentals - there may be upgrade options during the term of the lease
- You may lease new or used computer equipment
- All equipment comes with an onsite warranty for the term of the lease
- PC Rentals is an authorised reseller of all major brands
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 Want to compare reasons for leasing vs. reasons for renting?
Here are some reasons to rent. |
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