Advantages of Lease purchase
All monthly payments are fully tax deductable
Lower total cost of ownership (TCO) over the life of the solution
A lease lets you realize considerable savings compared to an outright purchase or scheduled purchase payments, because they pay only for the use of the equipment. Leasing also helps reduce the concerns and costs associated with equipment disposal.
More flexible payment options
Different payment structures can be tailored to fit your specific needs.
Buying capital equipment often involves a lengthy budget approval process. Choosing leasing can help shorten the process, accelerating the implementation of the solution.
At the end of the term, leasing gives you the option of simply returning the equipment, purchasing it outright or extending the contract, making it easier to cascade, upgrade or dispose of your equipment.
Minimized impact on capital budgets
Leasing is a great way to minimize the impact on your capital budgets, since month-to-month payments usually come out of your cash budget.