In order for any business to stay competitive in today’s fast-paced world they have to rely on a wide range of networking capabilities. Reliability and capabilities are determined by the quality of the networking and telecom equipment implemented in design. We recommend routers, gateways, hubs, repeaters, phone systems and servers from proven manufactures that may not be the cheapest solution but knowing business networks we feel it is more important to provide equipment solutions that have a track record of reliability and capabilities you can trust in.
BENEFITS OF NETWORK EQUIPMENT LEASING
Consider the benefits of a network equipment financing agreement. Unlike other networking equipment finance companies, our focus is you, not simply getting you money in order to secure new equipment. We also want you to be able to keep pace with your competition by providing you with complete network refresh option at the end of your lease agreement. Through our screening process we can determine what lease will be best for your company today and down the road. We don’t claim to be able to predict the future but we do 30+ years of experience and guide you in a direction that has proven to be successful for our existing customers that have similar businesses and network requirements.
The decision to take advantage of one of our networking equipment leasing options is simply the first step in your journey to update your current hardware. Next comes the all-important decision of which type of lease agreement you want. While there are certain terms and conditions with all financing and leasing packages, the types of leases available generally fall into two categories: capital or operating.
A capital lease is essentially a purchasing agreement, with the monthly lease payments going towards the purchase of the equipment. At the end of the lease term, you’re given the option of a $1 buyout, or to purchase the equipment at fair market value (FMV). Which you choose will influence the amount due on your monthly installments.
With an operating lease agreement, you’re renting the equipment from the leasing company. You build no equity with the networking equipment leasing company, but you give yourself the flexibility to walk away from that provider or upgrade to their latest equipment once the lease term is over.
Whichever lease option you choose, there are tax implications to consider. States vary but many allow for companies to deduct lease payments of up to $500,000 for any new or used business networking equipment. Certain companies may even be tax-exempt on capital leases. Check with your accounting department to discuss what tax benefits you may see from your networking equipment finance agreement.
READY TO GET STARTED?
The decision regarding what kind of lease you want to secure your networking equipment through is an important one, as is the choice of the lease provider that will back your network equipment leasing agreement. Let WRCA be that lending partner. Our experience in IT & networking leasing makes us one of the top qualified network equipment leasing companies to help you with this process. Call us today at 1.800.699.9722 to find out more about our many network equipment financing options.