How to Save on Office Equipment Leasing with iQuoteNetwork
We've all heard that you are only as good as the company you keep. You might not have heard that your company is only as good as the equipment it keeps - but that is usually true as well. We simply can't expect our employees to be as productive as possible if our equipment is out-of-date or otherwise not meeting the needs of our business today.
Another way to drain productivity is to waste too much time haggling over pricing and terms for acquiring the equipment your business needs. iQuoteNetwork has helped businesses nationwide quickly acquire essential equipment - with the best available terms - while eliminating the tedious legwork and back-and-forth of traditional equipment purchasing and leasing. Our users are able to spend more time focusing on their core business - while we prepare customized solutions on top-name equipment.
Just complete the iQuoteNetwork questionnaire - which will only take a few minutes - and an independent, professional lessor will prepare a proposal based on your specific needs. Also let us know how you would like to be contacted: email, phone or fax - it's your choice. Our professionals have years of experience and the industry reputation to produce quality proposals quickly, and will be ready and able to respond to any questions or requests you have over the life of your lease. In short, you get a streamlined, hassle-free acquisition and the best lease terms available - without ever sacrificing customer service.
Our professionals have relationships with major office equipment manufacturers and can provide excellent terms on a full range of products from companies including:
- Avaya
- Canon
- EMC
- Kodak
- Lucent Technologies
- Nokia
- Philips
- Sony
- StorageTek
- Toshiba
- Xerox
Evaluating Your Leasing Needs
At least once a year, companies should evaluate whether current equipment (both leased and owned) is still meeting their needs.
Companies often adopt a mentality that equipment is workable until it literally breaks down beyond repair. There are, of course, less obvious circumstances where leasing new equipment before the actual failure of existing equipment makes more sense. For instance, if employees are taking a lot of time trying to fix jammed photocopiers -- or missing deadlines because a machine is often offline, that lost productivity could be costing the business more than it would to either upgrade an existing lease or enter into a new one. Take customer-facing businesses as another example. While dingy or outdated furniture may not offend your office management, it may be off-putting to potential customers - and even steer them to a competitor.
Your iQuoteNetwork professional can assist you structuring highly competitive lease terms for office equipment including:
- Copiers
- Fax machines
- Furniture
- Manufacturing and other capital equipment
- Multimedia systems
- Networking equipment
- Photocopiers
- Printers
- Scanners
- Storage Equipment
- Telecommunications equipment
- Telephone systems
- Video Conferencing Equipment
- Warehouse Equipment
Office Equipment: Why Lease?
Although the cost of purchasing office equipment outright can be daunting or even prohibitive for many companies, the flexibility of leasing allows your company to enjoy the competitive advantage of the latest equipment without unnecessarily tying up needed capital.
Leasing is the preferred option for many businesses - from the largest corporations to the smallest non-profits - for a variety of reasons. Leasing:
- allows companies to acquire the resources they need to grow while holding on to more capital - rather than undertaking significant cash outlays, bank loans or adding investors to finance equipment purchases;
- makes upgrading to newer, more efficient equipment far easier. Most businesses can not afford to be saddled with obsolete equipment while competitors are benefitting from more advanced technologies;
- is more attractive than conventional bank loans which are typically more restrictive and require significant down payments;
- further minimizes upfront expenditures by allowing all associated costs - including shipping, installation, service and maintenance - to be rolled into the lease;
- mitigates operating expense uncertainty as future costs are fixed at the lease inception;
- provides tax benefits as monthly payments are considered operating expenses;
- typically gives lessees the choice of purchasing, returning or continuing to lease the equipment at lease-end.
Leasing FAQs
How is a lease defined?
A lease is a contract in which a leasing company (the lessor) gives the lessee the right to use equipment for a specific length of time (the lease term) for a regular specified payment, typically payable on a monthly basis.
Do I need to complete a credit application right away?
No - you just need to answer a few quick questions, and an iQuoteNetwork professional will get back to you within 1 business day in the manner you choose - phone, email or fax.
How does the process work?
Once you answer a few quick questions, your iQuoteNetwork professional will contact you. Typically, there are two types of iQuoteNetwork users:
Situation A: You have spoken to an equipment provider, and know what you want, but are looking at leasing as a more attractive option. After receiving your information, an iQuoteNetwork professional will get back to you within 1 business day and then provide you with a quote based on your exact specifications.
Situation B: You are unsure of your equipment and/or staffing needs and would like assistance navigating the available options. An iQuoteNetwork professional will contact you within 1 business day to learn more about the nature of your business and any specific capability or project needs. Our professionals have years of IT experience, and can help you formulate a plan to best suit your business and then provide a quote on the recommended equipment/staffing solutions.
In which states does iQuoteNetwork operate?
iQuoteNetwork can write and service leases in all 50 states.
What is a typical lease term (length of lease)?
A typical lease is 36 months, but iQuoteNetwork offers customized solutions for our clients and can tailor the terms to suit your needs.
How can I directly reach my iQuoteNetwork agent?
After you answer the questions on the iQuoteNetwork Questionnaire, your representative will provide you with his/her direct contact information. You can also send any questions to info@iQuoteNetwork.com.
Is it possible to lease just software?
Yes - your iQuoteNetwork professional can help you with a software-only package or you can bundle software into a hardware or other equipment lease.
What types of leases do you offer?
We offer two types of leases:
- Fair Market Value (FMV) also known as Operating Leases: FMV leases offer significant flexibility. You can refinance your lease or upgrade your equipment at any time during the lease term. You can also choose to upgrade at the end of the lease term or purchase the equipment for fair market value.
- Dollar Buy also known as Capital Leases: with a Dollar Buy lease, you own the asset at the end of the lease term for the cost of $1.
Your iQuoteNetwork professional can discuss which option may be more advantageous for your specific needs.