Photocopier Lease and Rentals

Photocopier Lease and Rentals

There are many ways in which to finance your equipment.

  • Lease Purchase
  • Lease Rental
  • Cash Purchase
  • Short Term Hire

We partner with leading finance houses and brokers, allowing you to purchase your new colour photocopier, and spread the payments over a agreed period, typically 36 months or 60 months.

Photocopier lease agreements give you flexibility, and allows you to change or upgrade your device, as and when required during your agreement.

For more information on leasing and renting a colour photocopier
or to request a free quotation please get in touch.

Before signing your leasing agreement you may have a few questions. The following answers deal with the most common leasing queries:-

1. What is leasing?

Leasing is a well established, tax efficient method of financing a wide variety of capital equipment. Virtually any item that is used in business may be leased, from computers to vehicles, vending machines to photocopies. Values range from a few hundred pounds to (in some cases) several million pounds.

2. Who leases?

Practically every sector of the British economy takes advantage of leasing: Organisations which lease can be found throughout industry and commerce, in business both large and small, commercial and non-commercial. A recent survey shows that around 8 out of 10 accountancy practices lease equipment and some 85% of the Times Top 100 UK Companies.

3. How does leasing work?

Leasing is a contract between a leasing company and a customer, giving the customer use of the equipment on payment and rentals over a period. When you lease equipment you make a series of regular (usually 3 monthly) payments instead of a large capital outlay. Payments are spread throughout the useful life of the equipment and are made out of your revenue budget.

4. Why not buy equipment outright?

The cash flow and tax relief benefits of leasing provide a very strong case against cash purchase. If you buy equipment outright the capital invested becomes, in effect, tied up in a depreciating asset. Leasing on the other hand, allows you to save resources for other purposes such as new business opportunities, responding to unexpected problems or simply investing in product development or marketing.

5. What about borrowing the money?

Using an existing credit line will prevent you from been able to use it in the future for unexpected needs or for short-term funds. Moreover, the business that borrows to finance equipment is still vulnerable to changes in interest rates. Banks may also want to limit the amount financed and impose a fixed or floating charge as security. Leasing, however, is not effected by fluctuations in interest rates and allows you to plan your budgets accordingly. Financing equipment through a loan is unlikely to offer you the same flexibility to change the equipment by upgrading or adding other items.

6. Are payments affected by inflation?

Payments made throughout the life of a leasing agreement are not affected by inflation. The real cost of leasing will reduce over time as the value of money depreciates.

7. What if we decide to replace the equipment?

A leasing facility allows businesses to keep up with the changes in technology. Your original installation can be altered, either during or at the end of the lease, to accommodate unforeseen changes in your business needs. If you are re-financing the new equipment through Wyse, you will receive a discount on your existing rentals.