What is Copier Lease and Why Should You Lease?

If you ever tried inquiring about a copier or printing equipment, you’ve probably heard of the term "copier lease.” It’s usually offered by the seller, asking you if you want to lease, rent, or purchase the unit.

But what is copier lease in the first place?

Printer lease provides offices or businesses a cost-effective way to fund their new printing or copier equipment. In a printer lease, the cost of your device is divided over three to five years by the leasing company. You will then have to pay them in a fixed amount, either quarterly or monthly, to complete the full payment. This serves as a better option for most businesses who don’t want to shell out a large amount of money to purchase a piece of printing equipment.

When leasing, one must also remember that it is a legally binding contract which you must follow. Leasing is not also similar to printer rental. A rental is a short-term contract and month-to-month.

So what type of copiers/printers can I lease?

Most leasing companies allow companies to lease floor-model printing equipment such as large multifunction copiers, production printers, and wide-format printers. You can also ask the office machine seller to give you a list of the printer models they offer for leasing.

What are the advantages of leasing?

Here are a few advantages of leasing a printer:

It has low upfront costs.

Through a copier lease, a business avoids putting out a large amount of money. This preserves capital, which in return, allows the company to allocate their funds to other important things such as expansion or office growth. Aside from that, it can help you preserve your credit. Most small businesses have limited access to credit, and leasing can actually help you do that.

It avoids equipment obsolescence.

Since printer lease runs for a fixed period, you can return the used printer to the leasing company when your contract ends then look for a new lease to acquire a more advance printer. This allows your business to keep your machines updated, and avoid your staff to work with outdated printing equipment.

It comes with bundled equipment and consumables.

There leasing company that gives you a leasing contract which includes toners and other parts for a fixed number of prints per month. The company can then easily budget their copier running costs per month instead of buying toner cartridges once you run out.

It’s less hassle.

Aside from bundled parts and consumables, a leasing contract can also offer maintenance plans. This is a good deal especially to those companies or businesses who don’t have their own IT-staff. This way they don’t have to stress themselves out if ever their printing equipment or copier broke down, they can just call the leasing company or their maintenance partner to fix the machine.

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If you're looking for copiers in Corona that offers leasing, ABD Office Solutions offer flexible leasing programs for printers and multifunction machines.