Let's See What You Need

1. Do you need COLOR or BLACK AND WHITE?

2. What SIZES OF PAPER do you need to PRINT ON?

3. What TYPE OF DEVICE do you want?

4. What is your AVERAGE MONTHLY PRINT VOLUME?

Black & White
Color

Summary

{{ colorOrMono == 'mono' ? 'Black and White Only' : 'Color / Black and White' }}
{{ paperSize == 'letter_legal' ? 'Letter / Legal' : 'Letter / Legal / 11x17' }}
{{ deviceType == 'copier' ? 'Copy / Print / Scan' : 'Print Only' }}
Black & White: {{ monoPrints }}
Color: {{ colorPrints }}

Number of Months:

Lease Type:

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When to Avoid a Copier Lease

Banner-Copier-GalIf your business is looking into a copier lease, there are times to get a copier lease, and a time to avoid a copier lease.

We see that many businesses get copier leases that probably should not have gotten a lease, but they didn’t have the time to fully investigate the benefits and drawbacks of a copier lease.

Copier Leasing Benefits:

  • If you chat with your accountant, you can see if the Section 179 benefits apply to your company
  • If you don’t have a bunch of cash flow, the copier can be financed (leased) and keep your operating capital at a higher level.
  • Preserve credit lines, if you are getting close to maxing out your line of credit, it is good to keep your other lines open for emergencies.
  • Fixed payments – Rather than one huge outlay, make fixed payments over time
  • Avoid Old Tech – If you lease a copier, then you have a schedule when the copier has to be replaced, thus avoiding obsolescence.
  • Conserve capital – a bank will often require a large down payment if you need a loan for capital equipment.  A lease, on the other hand allows you to make payments.
  • Buy at the end if you like it – Especially with $1 Out leases, you get to keep the equipment at the end for just $1.

Disadvantages to Copier Leasing:

  • Initiation fees and paperwork costs, generally in the $150 to $200 range
  • Having to package and send copier back to leasing company – additional cost and effort
  • Another bill for accounting to have to deal with
  • The danger of being in a lease with auto rollovers or upgrade charges that cost extra

Copier Leasing is not for everyone, if you need a copier lease, please let us know today!