Equipment leasing has become very popular because it is a more feasible solution to meet your requirements than purchasing by spending from your capital. When you are setting up an office you may need equipments including a color copier machine. That's when the important decision needs to be made on whether to purchase one or lease it. It is wise to opt for getting one by lease that suits your requirements. Technology advances everyday so it does not make much sense in investing part of your capital for color copiers, because the copier machine you wish to buy may become obsolete in a short span of time.
The benefits of color copier leasing over purchasing are that with the former it's easy to replace or upgrade the equipment in order to keep up with the competition. Depending on your growing business needs you can easily update with a technologically advanced model of copier which can tackle the work with quality and with lesser processing time. And moreover a copier lease allows the customer to replace the old copier with a new one without paying any extra overhead costs which cannot be availed through a copier purchase.
The color copier machine requires maintenance. If you are running a small business, you may not have the sufficient resources to provide for the maintenance as well as to keep a dedicated maintenance staff to solve the problems which may occur with the copier equipment. The benefits of copier leasing here are that the equipment is provided with regular maintenance from the leasing company itself without causing you any additional burden on your budget.
If you purchase a copier the replacement of certain parts can become a headache because they're invariably quite expensive. With color copier leasing you're invariably provided with a list of parts which could be installed and replaced at free of cost by the leasing company.
Colleen Barrett is a consultant of GSG. Graphic Savings Group specializes in equipment leasing and color copier leasing. GSG offers a full line of leasing options from refinancing to lease buyouts. We offer competitive rates, flexible terms and can even do deals for start-ups and municipalities.