Advantages of Equipment Leasing
Equipment leasing offers businesses flexible financing options, making it an excellent choice whether you need new equipment or want to maintain a healthy cash flow. Don’t let outdated equipment hold your business back. With equipment leasing, you can obtain the necessary equipment with minimal upfront costs. There are several factors to consider when evaluating an equipment lease deal. For instance, an equipment lease won’t tie up your line of credit, and you can deduct lease payments as business expenses.
All equipment is under warranty for the full term of the lease!
Buying vs. Leasing
Leasing
Maintenance & Support (WARRANTY): Many leasing agreements include maintenance & support services, reducing the burden on in-house IT resources & ensuring the system is always operational.
Lower Initial Costs: Leasing typically requires minimal upfront payments, making it more affordable to manage your cash flow effectively.
Up-to-date Tech: Leasing allows businesses to upgrade POS systems more frequently, ensuring you always have access to the latest technology without large investments.
Predictable Expenses: Fixed monthly payments make budgeting easier & help avoid unexpected costs associated with repairs or replacements.
Tax Advantages: Lease payments can often be deducted as a business expense, potentially reducing taxable income.
Buying
High Initial Investment: Purchasing a POS system requires a significant upfront capital outlay, which can strain cash flow and limit other investments.
Obsolescence Risk: Technology evolves rapidly, and buying a POS system may result in owning outdated equipment that needs expensive upgrades or replacements.
Maintenance Costs: Owners are responsible for all maintenance and repair costs, which can add up over time and cause unexpected financial burdens.
Depreciation: Purchased equipment depreciates over time, reducing its resale value and the potential return on investment when it’s time to upgrade.
Lack of Flexibility: Once a system is purchased, it can be challenging and costly to switch to a different system if business needs change or better technology becomes available.
What we offer
POS
We offer leasing options for all major types of point-of-sale equipment commonly used in the industry, including cash registers, barcode scanners, and card payment terminals. Our specialized POS lease programs come with flexible terms and competitive rates to meet your business needs.
Terminals
Whether you need a countertop or handheld terminal, we have you covered. We specialize in the equipment you and your team are accustomed to using with your merchants. Contact us today for a complete list of approved equipment.
Benefits for your business
Ready to talk?
Ready to upgrade your business with cutting-edge POS solutions? Call us to learn about our cost-effective leasing options and enhance your operations today!
