Server Lease has flexible server lease programs from short term leases of 12 months to lease contracts of 24 to 60 months which allow you to stay current with technology. You also have the option to lease a server with the option to buy. Why purchase technology when it becomes obsolete so quickly?
Lease Servers vs. Buy Servers
We have 5 advantages to Leasing Servers
- Leasing Servers improves cash flow - Leases rarely require down payments. Loans to finance the purchase of equipment typically require down payments of up to 25% or more.
- Server Leases are easier to finance than purchases - This is a great benefit to new business since banks typically require two to three years of financial records prior to extending a capital equipment loan. Leasing on the other hand, usually require only six months to a year of credit history before approving equipment leases.
- Leasing Servers allows you to keep up to date with technology - Leasing is great if you require cutting-edge technology. Short-term leases will cost you less than buying new equipment every two to three years.
- Leasing allows you to afford more - While you might not be able to purchase the top of the line, tricked out server your business requires, a lease will most likely get you what you need.
- Leasing could possibly benefit your balance sheet - Depending on the type of agreement you have, you may be able to exclude some leased assets and related obligations from your balance sheet. Such moves might improve financial indicators such as debt-to-equity ratio or earnings-to-fixed-assets ratio.
Other server lease incentives are server consolidation and capacity flexibility, which makes on-the-fly changes in server capacity easier. Another benefit to leasing a server is built-in protections against obsolescence and a safe way to dispose of old equipment. You can have technology refresh terms built into your lease so that you get new equipment within the time frame you require.