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If you are planning to own the test equipment at the end of the lease term, the best available option is Finance leases. Finance Lease of Test Equipments is an excellent choice if the equipment’s useful life extends beyond the leasing term. The complete purchase price in addition to the interest is uniformly distributed over the lease term. At the completion of the lease term, the equipment can be owned for a nominal charge like the fixed percentage of the actual price. Here at Supreme Technology, we let you buy the equipment for a cheap rate.
Some of the benefits of going for equipments for finance leases include
Competitive Edge: Leasing helps you keep abreast of the latest technology. By going for Finance Leases of test equipments, you need to only pay for the product for as long as it serves your purpose and is useful to you. The key benefit here is that you can make use of the latest technology without the potential risk of any ownership. One can also upgrade, return or add to your instrument to stay on top of the competition. There is also greater flexibility to respond fast to newer opportunities. Also, the risk of equipment obsolescence is significantly reduced and this means you do need to spend an exorbitant amount for equipment disposal when you’re ready to move on. Leasing also provides you the flexibility to stay ahead of the competition.
Lower Cost of Ownership: Our Finance Leases of electrical test instruments gives you a much more affordable, complete solution whilst what you pay is little with no upfront costs. You need to pay only for equipment usage and this allows you to achieve significant savings in comparison to an outright purchase. As the payment for the equipment is based over time, you’re hedging against inflation. You purchase any equipment at the current price range and pay for it at much cheaper rate tomorrow. Even the cost that is associated with equipment disposal is dramatically reduced. Leasing gives you an overall reduced lifecycle cost of ownership. Add to this, the upfront costs that are minimal over time for only the equipment’s useful life and not to mention that you need not have to fret about the end-of-life costs of disposal.
Flexibility: Leasing of electrical test equipments is all about flexibility in meeting your business needs in a number of ways. First, there are a number of different payment structures that can be made to fit your requirements and match all your expenses with the revenue streams. Next, we help you structure your lease to integrate services and software and modify them to incorporate upgrades and additions as and when your business requirements change. You also have the advantage of responding to ever changing capacity requirements faster than before with no burden of purchasing underutilized products. You can create a lease program to manage all your specific business needs - ROA improvements, asset utilization cash flow, etc.
Shareholder Value: Finance Leases helps you unlock shareholder value and this means you need not have to purchase it. With minimal or virtually no upfront costs, leasing preserves lines of credit for a number of operational expenses & liquidity and conserves working capital. Return on Invested Capital (ROIC) and Return on Assets (ROA) can improve when the test equipment is kept off your balance sheet Cash Management: Leasing of equipments through Finance Leases helps simply your budget as payments are flat for the contract term. Besides, the taxes, costs of installation, support and maintenance can be brought into the rental terms. Leasing is an easy way to match your expenses with revenue streams and lets you pay over time with the current value. Leasing also helps conserve working capital for other critical investments.
Expert Support: Another key benefit of going for Finance Leases is that you get access to a pool of expert technicians for the high-technology industries and besides, we offer you quality, world class support. Interested to know more about our Finance Leases program or like to request a quote, please call us at 1800 834 991 or make use of the quick enquiry form below to let us know your requirements.