We lease copiers for any small business because is an excellent tool that allows you to get a copier in your office today. One that you may not have otherwise been able to purchase outright.
If you are using a Copier you bought over the internet or from a Super Store (Staples) you may actually save money because the Toner is so much less expensive with a Commercial Copier.
If you have found the best copier for your needs, but you can’t afford the lump sum to buy it today, the next best option is to lease it.
Benefits of Monthly Payments
Many small business owners do not have the budget to purchase a 5,000 to 10,000 dollar machine. However, they do have the budget to make monthly payments of a few hundred dollars or less.
Dealers that sell copiers often lease copiers for a small business as well. That means the $10,000 machine you had your eyes on, for example, just became more affordable.
In addition, most copier dealers will also be able to include service and supplies with the lease. That will add a bit more to your monthly payment, but it works out to being cheaper than if you were to pay for service and supplies separately.
Speaking of costs, it’s important to know what you’re getting into before you sign a lease. You can lease copiers for your small business on 3-year or 5-year terms.
A 5-year lease will have lower monthly payments since they’re being spread out over a longer period of time. However, in the long run, you will likely end up spending more than what the machine was worth at the time you started the lease.
A 3-year lease has higher monthly payments, but in the end you’re paying about what it would have cost to buy the machine outright. That brings me to our next section – what to do at the end of a lease.
What to Do at the End of a Lease
What happens at the end of a lease is completely up to you. If you’re still satisfied with the copier, you can choose to keep it for a nominal fee. Your other option is to return the machine and end your lease agreement.
Regardless of what you choose to do at the end of a lease, you must send a letter of intent to the dealer letting them know what you want to do. The letter must be sent at least a full month ahead of the end of your contract.
If the letter is not sent at least a month before your lease is up, it will be assumed you want to keep it. That means you will be stuck with it even if you wanted to return it instead.
That’s a trick of that trade which, unfortunately, not all customers are made aware of.
Lease Copiers for a Small Business: Conclusion
When you lease copiers for a small business it enables you to get a top-of-the-line multifunctional machine at an affordable monthly cost. Get the machine you really want, at a much less expensive price than the lump sum that would be required to purchase it.
If you need more information about leasing copiers and multifunctional machines, please contact me or leave a comment below.