Financing

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Should you Lease or Buy you next Phone system?

Leasing your next phone or security equipment can be a better option for business owners who have limited capital or who need equipment that must be upgraded every few years. An out-right purchase of equipment is often a better option for established businesses or for equipment that has a long, usable life. However, each organization should to consider the options carefully before taking action.

Leasing your next phone system or security technology preserves capital and provides flexibility to put equipment into production when you need it. Yet, leasing can cost you more in the long run. Purchasing the equipment gives you ownership to the assets and certain tax breaks, but requires a high out-of-pocket investment. To learn explore how each option might financially impact your business, download our worksheet: “How to Determine if You Should Lease or Purchase Your Next Phone or Security System.”

Still not certain what option is right thing for your organization? Contact RanderCom or info@randercom.com. If a lease is the right option for your organization, we will walk you through the application process. Our staff is supported by financial service professionals offering flexible financing options which may ensure you get the technology you want when you need it!