Photocopier Leasing made easy with Paragon
Photocopier Leasing Overview:
- What is photocopier leasing?
- The Key Benefits of Photocopier/Printer leasing
- Can the rentals increase during the lease agreement?
- Who retains the equipment after the photocopier lease expires?
- Can we upgrade our machine before the photocopier lease expires?
- Why should I choose photocopier leasing?
- How does photocopier leasing work?
- Why not purchase outright instead of leasing?
What is photocopier leasing?
Photocopier Leasing is a well-established, tax efficient method of financing a wide variety of Capital equipment. Values can range from one, to many thousands of pounds.
The Key Benefits of Photocopier/Printer leasing
No Large Up front Costs - Most businesses earn revenue over time, but have to pay for equipment up-front, in one go. Why pay out in one lump sum when with leasing you can pay a small amount every month/quarter? Customers prefer to pay as they use!
Cash - Cash is king and it makes sense to use it for expansion or critical business needs. Leasing for office technology preserves precious cash.
Budget Management - Leasing ensures a fixed manageable monthly payment. Irrespective of interest rate rises. The low monthly cost of rental is fixed enabling accurate budgeting.
Preserving Credit Lines - Paragon offers photocopier leasing from £500 upwards. With Paragon you can preserve your existing bank lines and optimise your use of commercial credit sources.
Technology Upgrades - Leasing allows the customer to take advantage of technology improvement at a time of their choosing and at a reasonable cost. By contrast a business that has owns its office equipment can only upgrade by reinvesting and disposing of the existing asset.
Flexible Payment Levels - Customer choose the payment level. Paragon options range from 1 to 5 years. The customer selects the right option so they can have the technology they need at the price they are comfortable with.
Can the rentals increase during the photocopier lease agreement?
No. The only way the amounts would increase during the leasing term is if the government chooses to increase the rate of VAT.
Who retains the equipment after the photocopier lease expires?
Lease rental is just that... a rental agreement. Title to the goods remains with the finance provider, which means the equipment does not show on your company balance sheets therefore not needing to be depreciated over a fixed period. This of course gives you the advantages mentioned in question 4, as well as the benefit of staying in touch with the latest technology, by changing your equipment towards the end of your lease.
Can we upgrade our machines before the photocopier lease agreement expires?
A Photocopier Leasing facility allows businesses to keep up with changes in technology as your original installation can be altered either during or at the end of your lease period. The normal reason for this is due to a customer's expansion of business and their changing needs.
Why should I choose photocopier leasing?
Practically every sector of the British economy takes advantage of Photocopier Leasing, from small "one man bands" through to large multi-national organizations.
How does photocopier leasing work?
Leasing is a contract between a finance company and a customer, giving the customer use of the equipment on payments of rentals over a period. When you lease equipment you make a series of regular (usually 3 monthly) payments, instead of large Capital Outlay.
Why not purchase outright instead of photocopier leasing?
The cash flow and tax relief benefits of leasing provide a very strong case against cash purchase. If you buy equipment outright the Capital invested becomes, in effect, tied up in a depreciating asset. Photocopier Leasing on the other hand allows you to save resources for other purposes or opportunities.
Paragon the photocopier company you can rely on
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