Welcome to Garic Inc.
GARIC
  • Home
  • Leasing
    • Overview
    • Reason for Leasing
    • Options and Services
    • IT Equipment Rentals
  • Venture Leasing
    • Overview
    • Extend Your Reach
  • Asset Recovery
    • Overview
    • Features
    • Highlights
    • Benefits
    • Guidelines
  • IT Provider
    • Overview
    • Partners
    • Government Contracts
  • About
    • About Garic
    • Why Lease with Garic
    • Our Advantage
    • Customers
    • Contact

Reasons Companies Lease Technology

OPERATIONAL:

Budget Management
– Lower down payment, no up-front costs
– Lower monthly budget/ expenses
– Greater control over IT budgets
– Easier administration of IT charge-backs
– Streamlined access to capital approvals
– Spending authority
– Cost constraint

Flexibility and Convenience
– Timing factors
– One-stop shopping
– Asses management
– Flexible payment options
– Control of the manufacturer
– Avoids disposal problems
– Economies of scale
– Priority delivery

Technological Change
– Technological obsolescence
– Upgrade options
– Takeouts and rollovers
– Return provisions

FINANCIAL:

Off Balance Sheet Financing
– Improve earnings
– Return on assets
– Improved financial ratios
– Stranded assets
– Reporting convenience

Financial Issues
– Lower cost alternative (lease vs. buy)
– Additional source of financing
– Less administration
– Reimbursement policies
– Takeouts and rollovers

Income Taxes
– Reciprocity of tax benefits
– Deductibility of lease payments
– Purchase penalties

About Garic, Inc.

Garic Inc. is one of the largest privately held and privately funded equipment leasing and information technology providers in New York City. Since 2000 we have funded or sold over $100 Million in technology, life science, manufacturing, and other hard assets.

Contact Us

68 35th Street, Suite C653
Mailbox #4
Brooklyn, NY 11232

Phone: 646-487-0103
Fax: 646-227-1128

Search

© Garic Inc. All rights reserved.

Privacy Policy | Terms and Conditions
  • Home
  • Leasing
    • Overview
    • Reason for Leasing
    • Options and Services
    • IT Equipment Rentals
  • Venture Leasing
    • Overview
    • Extend Your Reach
  • Asset Recovery
    • Overview
    • Features
    • Highlights
    • Benefits
    • Guidelines
  • IT Provider
    • Overview
    • Partners
    • Government Contracts
  • About
    • About Garic
    • Why Lease with Garic
    • Our Advantage
    • Customers
    • Contact