The option to lease or buy is the most debated one when you are planning to obtain a plant, equipment, or vehicle for your corporation. If you are LEASING, it would mean you have to undertake a contract for the plant, equipment, or vehicle you require. Leasing needs less commitment than buying apart from easy and simple upgrading facility after the lease finishes. Canon Printer on Rent is easily available and must be given due consideration. BUYING would mean purchasing and owning the plant, equipment, or vehicles outright as per the requirement either by making a full payment or getting it financed. Buying also means more commitment as the return or upgrade shall always be an additional burden of purchase.
Once you have decided you can choose from an exhaustive range of Canon Digital Copier Printers on Rent that suits all your business needs, equip with the latest LaserJet printers that save your business time and cost. BUT it’s best to LOOK AT BOTH OPTIONS – buying or leasing a printer for office use. Following tips can add value to your decision-making in renting or leasing a printer.
BENEFITS OF LEASING A PRINTER
o Up-to-date with the latest model- With new technology on the roll, Copiers and printers ultimately become obsolete with time. But leasing allows you to overcome the financial burden of obsolescence to the equipment leasing company. There are many rental options available with Canon Laser Printer dealers in Delhi. For example, if a two-year lease on a copy machine expires, you’re free to lease the latest equipment without having to bother about disposal, exchange, or selling the old equipment.
o Save your monthly expenses. A lease agreement has a pre-determined monthly cost which can help you to budget and organise the company’s finances more effectively.
o No Cash down Fund -Many small businesses stumble with cash flow and require a regular cash flow to be made available to help grow their enterprise. Leasing equipment usually doesn’t require a down payment and one can easily acquire new equipment without tapping into much-needed cash funds.
o Competition friendly- Leasing enables your small business to get the latest and the most sophisticated technology or tool or equipment that otherwise might be slightly unaffordable. This results in the ability to keep up with bigger and better competitors without draining your financial resources. You can also hire all kinds of photocopier printers and Canon LCD Projectors for rent.
PROS AND CONS OF LEASING A PRINTER
- Pros:
- Low Cost – Some Lease agreements offer the flexibility of up to 3 months before the first payment is taken, at no extra cost.
- Fixed rental payments for the duration of the lease despite an increase in interest rates.
- Structured payments can be planned to meet your cash flow needs depending on the duration of the rental.
- No old or broken equipment botheration. If the machine is obsolete or has reached the end of its usable life, it will be handled by the leasing company.
- Fixed asset -finance lease is treated as a fixed asset on your balance sheet.
- Tax-efficient as you can offset rentals against taxable profits.
- Easy upgrade possible of your equipment as technology evolves. That means you can always enjoy the benefits of the latest model of the printer or photocopier.
- Cons:
- It can be difficult to lease a copier for a new start-up or a company with a poor credit rating.
- It is always a rental printer and shall be under a contract that increases the responsibility of its maintenance.
- Be alert to hidden clauses in the agreement regarding insurance and yearly administration fees and always read the fine print in the contract.
Express Digital has a respected clientele and assures hassle-free business and provides a complete photocopier solution with a colour printer on rent. The clients grade them among the best in providing Canon Digital Copier Printer on Rent . With well-managed print services, you can opt for leasing a printer without worrying about administration or maintenance.
