The benefit of leasing all in one business printer
Leasing an all-in-one printer (MFP – multifunction printer) can offer several advantages, especially for businesses. Here are the key benefits:
1. Lower Upfront Costs
- No large capital investment – Leasing spreads out payments over time.
- Preserves cash flow – Funds can be allocated to other operational needs.
2. Access to Better Technology
- Leasing allows access to higher-end, newer models that might be too expensive to buy outright.
- You can upgrade to newer technology more easily at the end of the lease term.
3. Predictable Monthly Expenses
- Fixed monthly payments help with budgeting and forecasting.
- Often includes maintenance and service in the lease cost.
4. Full-Service Maintenance and Support
- Many leases include all service, parts, and labor, reducing unexpected repair costs.
- Often includes automatic toner replacement, remote monitoring, and troubleshooting.
5. Tax Benefits
- Lease payments may be fully deductible as a business expense (check with your accountant).
- Can reduce taxable income more efficiently than capital depreciation.
6. Flexibility
- Leases typically offer flexible terms (12 to 60 months).
- Options to upgrade, renew, or buy out at the end of the term.
7. No Equipment Obsolescence
- You won’t get stuck with outdated technology – leasing companies frequently offer refresh options.