Lease

Lease allows an organization to obtain office equipment (copiers, printers, etc) through a stream of pre determined payments. A copier lease is a contract between a business and leasing company or financial institution that requires payments. At he end of the lease term, the lessee has the option to buy the copier at the buyout cost. The buyout cost is calculated by the lessor based on the agreement terms, equipment depreciation, condition, and market demand.

Benefits of Leasing:

• Low upfront costs
• Less Hassle
• Planned obsolescence