Technology Leasing Solutions

Technology Leasing Solutions

Achieve your goals and maintain your budget with a Technology Leasing Solution. Technology leasing provides flexible terms and can be designed to match the specific needs of your organization.

3 Reasons You should Consider Technology Leasing:

  1. It helps conserve capital.
  2. It provides a hedge against inflation.
  3. It reduces your risk of equipment obsolescence.


Technology Leasing covers a wide variety of equipment and services

  • Office equipment: Printers, scanners, copiers, etc.
  • IT Equipment: Computers, servers & networking equipment.
  • Software
  • Displays and monitors
  • PLUS, the professional services to install your new equipment or software.


Frequently Asked Questions Regarding Technology Leasing

Why lease - why not just borrow the money?
If you borrow money to buy and own equipment, you are using up available credit, which, if used for other purposes, has the ability to earn a return much higher than the cost of the lease payments. Leasing offers a new source of credit with the added benefit of being able to “expense” the payments in most instances.
How do I decide if leasing fits my company’s needs?
The first step is to decide what equipment you may want to own “forever” and what might be more practical to lease. If you do this objectively, you will probably find a relatively small pool of “must own” equipment. For example, many people are surprised to learn that the major US airlines lease most of their aircraft. The airlines have decided to save their cash and borrowing power for operating requirements.
How long does a lease last?
Assets which tend to become quickly obsolete (such as computers) usually have lease terms of two to five years. Some lease terms are driven by how long the lessee wants to use the assets without moving on to newer equipment or technologies. Other lease terms are based on accounting issues which limit the length of certain leases to no longer than 75% of the equipment’s useful life.
What happens at the end of the lease?
The lessee is required to notify the funding source in writing of its intent to purchase or return the equipment no later than 90 days prior to the end of the original term of the lease.
What happens if the leased equipment is defective?
Even though end users don’t own the equipment, standard manufacturer warranties do apply. So if the equipment is defective, it would be handled the same as equipment that was purchased. Because IMPL is part of Ingram Micro, all provisions are handled through standard Ingram Micro return policies.
Is insurance required for the leased equipment?
Yes, insurance is required on every lease. Most business insurance policies cover the equipment leases, but if the end user chooses not to insure the equipment the lease company will add it to the lease.
Can services, configuration, consulting and training be added to a lease?
Yes, it can. Please note: it usually cannot exceed 25%-30% of the total lease amount.

Contact us to learn more about the benefits of Technology Leasing and see if it is a fit for you.