The Benefits of IT Leasing to SMBs in Today’s Economy
Businesses are facing rising costs in today’s economy, but your IT doesn’t have to be one of them.
So many SMBs that we speak to are keen to invest in their IT but are reluctant due to tight budgets whilst operating in the current economic climate.
In this video, our team discusses the benefits of IT leasing options to SMBs that want to upgrade their IT but without the large upfront investment.
Why Choose IT Leasing?
IT leasing means you can access the latest technology without having to pay for it all upfront, freeing up your budget for other priorities.
Cost Savings – One of the biggest benefits of IT leasing is that it can be more cost-effective than buying outright. You can spread the cost of the lease over the term of the agreement, which means you benefit from affordable, predictable, and manageable payments.
Flexibility – Leasing IT also gives you greater flexibility. You can upgrade your technology at the end of the lease term, which means you’ll always have access to the latest tools and software. You can also choose to lease only the products you need, which can be particularly helpful for small businesses or startups.
Tax Efficient – Lease payments for IT can be considered an operating expense and are typically fully deductible in the year they are paid. This means that you can deduct the entire cost of the lease payments from your taxable income, which can reduce the overall tax liability. Plus, you may be eligible for tax credits when leasing IT. For example, if the product is energy-efficient or qualifies for other tax credits, you may be able to take advantage of these credits to reduce your overall tax liability.
How We Can Help.
We’ve helped businesses overcome the struggle of tight budgets due to the current economic climate with the cost and tax benefits of IT leasing.
Our team of industry experts are here to help you adopt the latest technology and services at a price point that works for your business.
Get in touch to book your initial consultation.