Leasing Technology: The Benefits Of Fair Market Leasing

As a necessity in today’s fast-paced world, the demand for technology across organizations continually increases and has become a significant expense for businesses.  Today, one of the biggest challenges companies face is having the ability to rapidly respond to new technology needs and gain a valuable competitive edge while also staying within their budgets.  So what’s the answer to this?  Leasing Technology.

Frequently purchasing new equipment to keep up with the latest and greatest features and in order to continue to increase productivity and profitability is challenging and can significantly impact the bottom line.  Many businesses, especially small and mid-sized companies with tight budgets, have turned to leasing for a number of important reasons.

Compared to a capital lease, a fair market value (FMV) lease is a shorter-term lease that allows the lessee to purchase the technology at the end of the lease for its “fair market value.”   Some of the benefits of a FMV lease for technology can include:

  • Affordable access to the most up-to-date technology
  • Little or no up-front costs and low monthly payments
  • Option for 100% financing
  • Ability to bundle costs for hardware, software and service
  • Multiple options at the end of the lease term

FMV leasing offers a flexible, cost-effective solution that allows businesses to refresh their technology and benefit from the latest enhancements, while also reducing the risk that the technology will be obsolete and maximizing their cash flow.

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