why lease

Cash Impact

• There is no cash outlay which frees up cash for other operating expenses
• It is like an additional line of credit or extra working capital for the business
• The equipment is financed at a fixed rate for the term of the lease (i.e. the monthly payments will not change)

Accounting Impact

• Simplified accounting procedures via monthly invoices
• Lease payments fit within your operating budget, eliminating the need for capital expenditure approval
• There is less paperwork required for funding approval and personal guarantees are not required
• Leases are a form of off-balance sheet funding, without affecting your ability to borrow
• Leasing improves the return on investment & return on assets financial ratios

Technology Ownership

• You are not investing funds in rapidly changing and depreciating technology
• You are paying for the equipment as you use it
• By removing the hassle and cost of ownership, leasing allows you to focus on your core business
• Leasing is a hedge against inflation – you can have leading edge technology of today and pay for it with tomorrow’s dollars
• Avoid technology obsolescence and manage the technology platform lifecycle
• There are no maintenance responsibilities that come with ownership of equipment
• The hassles of selling used office equipment are eliminated

Tax Effective

• Payments for lease is normally tax deductible.

Why Lease from Rank Computers?

• Flexibility is the key to leasing from Rankcomputers– there may be upgrade options during the term of the lease
• You may lease new or used computer equipment
• All equipment comes with an onsite warranty for the term of the lease
• Rankcomputers.com is an authorised reseller of all major brands
• Rankcomputers can configure a range of options to suit your needs

At Rankcomputers we can help with your leasing needs

* Please confirm the above with your financial department / chartered accountant before you go in for a lease with us.