Xerox introduced the first fully automated plain-paper photocopier in 1959 and today modern copiers integrate copying, laser printing, faxing, scanning, and more into one networked machine. This $24 billion industry sells over 1.5 million copier machines a year. Although the lion's share of the copy machine industry is made up of new hardware sales and supplies; revenue also comes from delivery, installation, sales of refurbished machines, rental, consulting, customer training, and repair and maintenance.
The industry represented by the Business Technology Association is going through significant changes driven by the growing popularity of multifunction peripherals (MFPs), color imaging and networking solutions. ,
MFPs leads the way as advancements in scanning, faxing, paper capacity and printing finishing options, such as booklet makers, continues to increase. Although the popularity of color printing is driving up over all business costs of toner and paper supplies, industry consolidation both among manufacturers and distributors has increased competition and created price wars which help keep costs to businesses in check.
Copy equipment that can be leased includes:
On the finance front there is good news. It is getting easier to find copier machine leasing or copy machine financing that you can be happy with today. With over two hundred financial services companies and independent equipment leasing companies looking for customers there are more ways to finance your copy machine equipment than ever before.
Copy Machine Equipment Leasing can also help you better manage your cash, taxes and allow you to invest in higher quality, more cost effective equipment for your business, school, church or association. Regardless of the industry you are in, equipment leasing can be available for you. Whether your business is brand new or you have been in business many years there is most likely copy machine finance option right for you. For more information on the advantages of copy equipment leasing read: Why Lease.