There are many operational, strategic and financial benefits to be realised by financing your IT solution as an alternative to outright purchase.
- cash flow benefits
- known and fixed costs
- minimised impact from inflation and/or currency fluctuations
- protection from obsolescence
- end of lease removal and disposal.
Whilst leasing and financing share the benefits mentioned above, there are some important differences to be aware of.
Leasing – the finance company retains ownership of all hardware assets for the duration of the contract which protects you from risks associated with technology obsolescence and equipment disposal. Upgrade and mid/end of lease options apply.
Financing – you pay for the entire value of the purchase in instalments over the term of the contract. At the conclusion of the agreement you own the assets outright. Most non-hardware items (software, services, maintenance) are usually financed instead of leased.
Talk to an OPC account representative about a solution that best fits your individual needs.