Precedent Technologies now offers leasing 10-May-2011
Today, Precedent Technologies will begin offering leasing to its customers. Precedent Technologies will offer 2 leasing options. The first option is a FMV Lease. The FMV or Fair Market Value lease offers the lowest least payments. This lease is also known as a Operating Lease. Lease payments are treated as monthly expenses on your income statment. At the end of the lease you have several options. You may pay the calculated fair market value of your equipment; or you can continue the lease on a month-to-month basis; or you can get new equipment and begin a new lease agreement. Operating Leases are a great idea for equipment that needs to be refreshed often, such as laptop computers.
The second type of lease that we offer is the $1 Buyout lease. This lease type is also known as a Capital Lease. With an Capital Lease, monthly payments are typically higher. At the end of the lease, you pay $1 and you now own the equipment. A Capital Lease essentially is a purchase. Accordingly your euqipment is placed on your balance sheet and depreciated. Capital Leases are a great option for long term I.T. infrastructure such as servers, routers, switches, telephone systems, etc.
Don't put that I.T. project off any longer, call us today at (770) 303-0223 to discuss our leasing options.