It is important to make several considerations when replacing or upgrading business phone systems.
The number one issue (especially for small to medium-sized businesses) is how they will fit the new technology into their budget. Apart from being a significant upfront expense, buying a phone system is also a huge commitment which doesn’t allow for upgrades and add-ons.
Therefore, we have compiled this list of reasons why you should rent your next phone system.
You achieve the following by acquiring your new phone system through a rental agreement:
Renting conserves valuable company working capital.
2.Offers a Convenient Application Process
Provides Quicker Approval with Fewer Hassles.
3.Preserves Bank Credit Lines
Renting lets you put your equipment to use immediately to generate revenues – with minimum budgetary impact.
4.Gives Flexible Payment Options
Renting permits 100% financing with no down payment, so you get the equipment you need without a significant cash outlay. With renting, you can arrange long, flexible terms with low monthly payments.
Rental option terms can be set up in terms of 24, 36, 48 or 60 months. Renting can also finance the soft costs often associated with equipment purchases, such as installation and training.
6.Allows for Easy Upgrades and Add-Ons
What if your business is growing and you need to add phone equipment? A rental contract is upgradable whenever you need.
7.Rental payments are fixed, not adjustable
You don’t have to worry about floating interest.
8.Fair Market Value
This program gives you the most flexibility with upgrades to combat obsolescence. At the end of the rental term, the lessee can continue to rent the equipment, return the equipment or buy it at its fair market value.
Here at Techwell, we can conserve your capital with monthly repayments on your business phone system, installation and voice/network cabling. Contact us today if you want to hear more about your options!