IT Equipment Leases and loans

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IT Equipment Leasing

In today’s business world, most businesses have IT equipment of some sort. It may be old and need upgrading, or it may need to be expanded on; but, chances are you use some form of IT equipment in the day-to-day work of your business.

IT equipment can get expensive. How can you upgrade, expand, or start your IT equipment? Equipment Leases has all the IT equipment you will need for lease. Leasing is a cheaper alternative to buying and can help you save your business cash flow for other things. 

IT Equipment
It Equipment

Benefits of IT equipment leasing

There are several benefits to leasing IT equipment from a reputable company like Equipment Leases. Some of those benefits include:

IT equipment and its uses

There are two main groups of IT equipment; hardware and software. Let’s take a look at each and talk about its uses.

Hardware

Hardware covers things like mainframes, servers, computers, routers, networks, switches, printers, scanners, copiers, data servers, workstations, point-of-sale machines, as well as cables, monitors, and more.

Each of these items works together to create a way for workstations to perform specific tasks by accessing the mainframe or database; for example, the database has HR information for pay, vacation, schedule, and even benefits the employee has.

Software

The software usually requires a license; and covers things like the operating system windows, payroll, bookkeeping, etc. This software may only be on certain workstation computers, while other types of software pertinent to the business products will be on many workstations.

This type of IT equipment is as hard to stay current with as is the hardware. There are always new innovations in hardware and software. Each may require a license which in many cases can eat up your cash flow depending on the number of computers you want to put it on.

That is why leasing IT equipment from a reputable business like Equipment Leases is an excellent option for many companies.

What IT Equipment do we offer for lease

Equipment leases offer the following types of equipment for lease for your business IT equipment needs:

You can trust Equipment leases to stay current on IT equipment and software with high-quality IT equipment. Contact us today and discuss your needs with us to get a quote. We can help almost any business at reasonable leasing rates that fit into most budgets.

It Equipment

Equipment Leasing Success

Case Study

IT Equipment Lease $5,000,000

We funded 5-million worth of technology assets that individually did not value over 50 dollars as individual pieces. They also did not have serial numbers and would be deployed in hundreds of different locations. The client could not find a lender willing to document and fund this transaction. Banks told them that they did not pass the “valuation” process. When equipment is considered “essential use,” we can find a way to make it work. The client met our modest requirements of a debt service coverage ratio of better than 1.20:1. We felt comfortable that they would make their payment and we approved and funded the transaction. We are willing to take a position and support a project when we feel comfortable there is free cash flow to cover our payment.