Managing technical changes, maintaining operational flexibility, and lowering the total cost of operations are three business risks every enterprise faces. These risks can all be managed through technology leasing.
There are many operational and financial reasons why companies chose to lease technology, and some high-level trends in how companies are utilizing technology leasing today.
In order to match technology life-cycles and avoid accounting constraints from rules such as Sarbanes-Oxley, leasing customers today are leasing equipment for three years or less. This strategy not only provides greater flexibility in implementing new products from multiple vendors, but also protects leasing customers from depreciation losses and rising support costs associated with the purchase of technology.
Technology leasing is also being used as an infrastructure management tool to help optimize operating costs and change management in light of shortening technology economic life cycles and increased dependence on a stable IT infrastructure. Leasing is used at companies of all sizes and financial strengths; it isn’t just for companies that “need the money.”
Garic, Inc., a leading independent technology lessor with leasing customers nationwide, offers a full range of customized leasing services to help you acquire the technology you need to achieve your business goals. In a comparison to leasing directly from manufacturers, from other 3rd party lessors, or from Garic, Inc., it is easily shown that Garic offers the greatest strength in leasing options, services, and support. In addition, there are several other reasons why companies choose Garic for their technology leasing needs.