Getting started in a business is almost a never cheap undertaking. Whether it’s an office-related operation or a commercial construction company, there are equipment expenses that can prohibit startups from getting off the ground running correctly. But thanks to equipment leasing companies, the expenses can be a bit more manageable.
When it comes to equipment leasing, companies can rent just about any type of machine to get their jobs done. Heavy equipment, office machines and even coffee machines can all be leased. Whether it’s a long-term lease or one just meant to help a company get enough working capital to make outright purchases, these leases can open doors for startups and even help longstanding companies save some money.
The advantages of leasing include:
* Easier access to needed equipment. Rather than have to pay thousands of dollars right now to set up an office with computers, a lease brings the monthly bottom line down to pennies on the dollar.
* Maintenance. Since the equipment is leased, maintenance and repairs are generally covered under contracts. There’s no need to worry if a machine breaks, the lease should cover it and get the company back up and running quickly.
* No worries over replacement costs. If something stops working all together, there’s no need to be concerned about having to shell out for another big investment. Replacements are generally included in the lease contract.
The types of equipment a business can lease are practically endless. They include:
* Office furniture. From desk and chairs to filing cabinets and even pictures, leasing is available to help businesses get off the ground. This helps a new company avoid a large capital outlay during start up and can result in a good looking office for a reasonable amount of money.
* Computers. Leases on technology are quite common in today’s working world. These generally include help with basic programs and so on to really help a new business get up and running on the right foot right from the start.
* Other office technology such as faxes, copiers, printers and so on.
* Heavy equipment. From backhoes to forklifts, there are leasing options available on just about every piece of equipment imaginable. The advantages here can be great in helping a company avoid big capital outlays while still enabling them to get jobs done.
While it used to be most companies had to buy everything needed to get their jobs done and even open their doors, today’s business world often revolves around leases. Providing a great way to ensure everything that’s needed is obtained, these leases can be a real benefit to business.
When leasing, make sure you get the equipment you really need, read the contract fully and understand any maintenance agreements. Even for companies that intend to buy their own equipment eventually, leases can help a company get over the hump in starting out without having to have a lot of capital at the beginning.