Photocopier Leasing - Yes or No?

The next time your business needs new printers or photocopiers, what would be the best option for you? Should you lease your machine or not?

The following article will take a look at the pros and cons of photocopier leasing, which will enable you and your business to make a more informed choice.

Leasing: The Pros

• Keeps your equipment up-to-date.

Printers and photocopiers eventually become obsolete. How many times have you been faced with taking twice as long as you should, waiting for endless copies to be churned out of an ancient photocopier?  When you lease or rent a photocopier you avoid this problem. As an example, let's say you have a two-year lease on a printer. After that lease expires, you're free to lease whatever equipment is newer, faster and cheaper.  It is because of this that companies prefer leasing.

• Monthly expenses that can be predicted. If you lease from Paragon, you know what you'll be paying each month, which helps you to budget more easily.
• You pay nothing up front.Often small businesses struggle with their cash flow and must try to keep their bank balance healthy.  Because our leases require no down payment, you can get new technology without tapping heavily into your funds.
• You will be able to improve your position against your competitors. Leasing enables your company to get up to the minute technology that might otherwise be beyond your reach.  So: You're better able to keep up with your competitors without draining your finances.

Leasing: The Cons

• You'll pay slightly more in the long run if you lease.  However, Paragon offers you a simple price match promise, so if you do decide to lease, this is an added bonus.  We will try to match any quote from our competitors, leaving you with peace of mind that you are getting the right deal at a competitive price.
• You may have to keep paying even if you stop using the equipment.Depending on the terms of the lease, you may have to pay for the entire lease period, even if you no longer need the equipment, which sometimes happens.   However, Paragon's leasing agreements give you the option of 1 to 5 year lease periods, deferred payments of 6 months and the option of ownership at the end of the lease agreement.

To Conclude:

Leasing your photocopier is the best option as the benefits far outweigh the drawbacks.  You get the flexibility to update your equipment and this can only be good for your business. See how you can go about leasing a photocopier from us.