Understand the Benefits of Equipment Finance
Renting your IT equipment offers tangible benefits to your business. First and foremost, it aids cash flow – one of the key constraints on small to medium businesses. Your capital is not tied up in purchasing equipment but can be used to improve your venue in other ways. There are also considerable tax advantages, with the monthly payment able to be written off as a business expense, similar to your rent, or phone and electricity bills. Additionally, at the end of the rental period, it is typically an inexpensive option to purchase the system outright, or even better, roll over to a newer, more up-to-date solution for the same or similar monthly outlay.