Getting new laboratory equipment for your hospital is very important. You need to regularly update the technology of your healthcare facility in order to make sure that you are able to deliver the best care for your patients. The latest laboratory equipment can also help create a more efficient working environment. The problem is that not a lot of healthcare facilities have the budget for these new upgrades. Long term acquisitions that are purchased using short term cash is not practical at all. This is why you should learn about how leasing or financing equipment can help you upgrade your technology.
If you are interested in leasing laboratory equipment, you should look for a reliable dealer who can offer you a good lease contract. Looking for dealers or suppliers is very easy thanks to the internet. You just need to conduct a quick online search to find dealers in your area. Before you sign a lease contract, you need to shop around and compare prices, terms, conditions and interest rates. You should also look at the details of the lease to find out what the monthly payments include. Almost all dealers will include regular maintenance and repairs for their equipment. This will help you cut down on costs.
Not only will you be able to save money on your new equipment, you get to keep your credit lines open. Laboratory equipment leasing is equivalent to 100% financing, which means that you do not have to pay a large downpayment or present collateral. There are also tax benefits that come with leasing equipment. Since leased equipment is considered an operational expense, you get higher deductibles on your income tax. Most dealers will even transfer their tax benefits to you so that you will have lower monthly rates. These fixed rates are great for those who want to better manage their cashflow.
There are a lot of benefits to laboratory equipment financing. Unlike spending on hefty cash purchases or borrowing money from the bank, you have more options to choose from. You don't have to be tied down to your equipment that is prone to becoming obsolete. This gives you the chance to regularly update the equipment in your laboratory and around your healthcare facility. Once a lease contract ends, you can choose to renew the lease if you are still happy with your equipment. Or, if you want to upgrade, you can enter a new lease with better technology. Most buyers will even allow you to buyout the equipment for a price as low as $1. This depends on the details in the lease contract you have entered. That is why it is important to read the terms and conditions of your lease.
LeaseQ will navigate you through the leasing process and give you access to a list of reliable dealers and suppliers. You can get a free quote to help you find out how much your lease will cost. To see if you qualify for laboratory equipment leasing, click here for a free quote.