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Sunday, February 04, 2007

Master Leasing: Advantages

A master lease does not vary much from other leasing agreements. But with a master lease, you can lease several types of property or equipment with a one-time and simple documentation process. In the subsequent fiscal years, you can add equipment to the original ''Master Lease'' document. But this is only subject to annual credit review. You won't need to purchase ''pay as you go''. Instead, you can stretch out the payments at tax-free rates thereby reducing the impact on your annual budget. With the funds saved, you can invest at taxable earnings ranging between 1% and 2% higher than your interest costs.

With a master lease, you can enjoy the following benefits:

  • Multiple equipment types can be leased with no need for a new contract. The basic terms and conditions don't change.
  • Multiple lease terms.
  • Problems of future documentation and time-consuming credit processing can be reduced because of higher lines of credit for your equipment lease.
  • Multiple fundings, schedules and equipment locations.
  • A longer drawdown period (12 months).
  • Options of rate lock and escrow funding.

    For staggered leases of copiers or printers, a Master lease would perhaps be a good option. For leasing of a Xerox iGen3 or any Xerox copier, do consider the Graphic Savings Group.
  • Saving money on a copier lease by properly evaluating your current equipment

    If you're looking into leasing a copier, you should first do an assessment of the equipment that you currently have on lease or own outright. There may be a lot of residual value hidden in equipment that you were prepared to give up for nothing.

    Some copier lease vendors offer solid trade-in values on equipment, especially if it is a competitor's box and a new sale. For example, a Xerox sales representative who is trying to sell you a new Xerox DocuColor 6060, might be willing to give you a greater trade-in amount for your Canon imageRUNNER 110, in order to knock out a competitor's box. The terms for leasing a copier might shift considerably.

    All of the sudden, the price of your Xerox iGen3 may have been reduced substantially and your copier lease payments have become more affordable because you sought additional value from the machine you currently own. With every new copier lease, there is the chance to assess your assets, make sure your company is taking full advantage of all of your resources.

    If you're looking into leasing a copier, please consider Graphic Savings Group.
     
         


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