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IT Finance / Computer Leasing a Comparison to Fulltime Rental
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If you have IT Finance on your HP computer equipment, how long will it be before the computer leasing contract ends and you can up grade to a faster processor to run the latest software ? |
If you lease IT and lease computers, Information Technology equipment leases are normally taken over three or five year terms are generally fixed for the duration of the agreement and providing there are correctly structured, IT Finance / computer leasing is tax allowable. There is however a cost for signing a fixed term IT finance / computer leasing agreement and that is they are generally non cancelable IT leasing agreements, or at least there is a significant penalty from terminating your computer lease or IT equipment leasing agreement.
IT Finance / computer leasing enables companies that invest heavily in IT computer systems, to maximize the return on their financial resources by using the capital value of their IT and computer equipment to be used as collateral to raise additional finance through leasing your computers.
Fulltime rental is flexible leasing from Livingston. A flexible lease has all the benefits of IT finance, but unlike your non cancelable IT finance agreement or your computer leasing agreement, fulltime rental is only limited to 12 or 18 months, depending on the type of IT flexible finance that you require. After the initial non cancelable leasing period (12 or 18 months), you are free to return or up grade your computer equipment.
Consider the claims of your IT finance or computer equipment leasing company
When you choose to lease computer equipment, classic IT equipment finance companies will claim that not all companies are aware that equipment such as Information Technology can be leased. These computer leasing companies will claim the fact that Information Technology equipment depreciates very quickly makes and that fact makes an IT Lease a very sensible method of acquiring Information Technology equipment. That is true, but think what added value a flexible computer lease like fulltime Rental provides. Three or five year computer leasing contracts do not recognize the speed that IT equipment changes these days.
If you are going to lease a computer, remember computer equipment can be obsolete within 18 months of its introduction. Thus fulltime rental from Livingston gives you the benefit of being able to effectively cancel your IT finance agreement without the termination penalties that a computer leasing company will want to charge and then exchange your “leased” IT equipment for the latest computer technology.
Computer leasing companies will claim that Information Technology leasing or long term financing makes good commercial sense, all companies need new technology to improve their efficiency and IT equipment Finance makes this all the more affordable. This is true, but fulltime rental from Livingston, Europe’s leading Information Technology equipment IT Finance and rental company can give you the computer equipment that you need without the handcuffs from traditional computer leasing.
Computer leasing companies will explain that IT Information Technology equipment Finance can includes all peripherals such as printers, scanners, software can be incorporated into the lease contract. What they will not point out is the more IT finance that you take out, the more will be the lease termination costs that they will charge on canceling your computer leasing agreement. Thus effectively locking you in for a three or five year period.
That’ s why you should think again when your computer finance provider wants to sell you a new computer leasing contract and think of Livingston.