Financing Services

Should you Lease or Buy you next Phone system?

Deciding whether to lease or buy your next communication system will depend on a number of different business decisions. For example:

• Is it best for your organization to expense the technology or own it?
  • Do you anticipate that you will need to upgrade your technology at the end of a lease period?
  • Are you a low-tech organization or does your business demand up-to-date technology?
  • Is there a competitive advantage to having the latest technology?
  • Will your organization own the equipment longer than the term of a lease? (Leases are usually more expensive than an outright purchase.)
  • Do you want the shorter-term depreciable assets on your books?
• What does your cash flow look like?
  • Is a predictable monthly expense more suitable for your business operations?
  • How will the upfront capital outlay impact your cash flow?
• Will your organization be able to ride out the term of the lease? (As most leases do not allow early termination.)
• Do you want to disclose information required to take out a lease?

If you are not certain if a lease is the right thing for your organization, Give RanderCom a call. If a lease is the right thing to do for your organization, we will walk you through the application process. Our staff is supported by NEC Financial Services offering flexible financing options which may ensure you get the technology you want when you need it.

Learn more by talking to one of our sales representatives at (920)731-3944 or email