Computer Equipment Financing

“Financing For Computer Hardware And Software”

cef.clickhereblue7Computer Equipment Financing for both hardware and software is now much easier to acquire than it was just a few years ago.

For a better understanding of what can be financed, here is a list of the more common types of computer and communication equipment assets that are Pre-Approved by Canadian financing and leasing companies.

  • Tablet computer
  • Laptop
  • Desktop
  • Micro computer
  • Main frame
  • PC network
  • Mac Network
  • File server
  • Macro computer
  • Notebook
  • Projection Equipment
  • Laser Printer
  • Laser Jet Printer
  • Ink Jet Printer
  • Scanner
  • Point of Sale
  • E Commerce
  • Manufacturing Software
  • Municipal Software
  • Inventory Management
  • Accounting Software
  • CAD Software
  • CRM Software
  • CAD system
  • CAM system
  • Bubble Jet Printer
  • Copier
  • Communication Equipment
  • Fax machine
  • Telephone equipment
  • Telephone systems
  • VOIP Equipment
  • Conferencing equipment
  • computer monitor
  • computer display
  • Computer Work Station
  • Projector
  • Copier
  • Printer
  • Plotter
  • Color Copier
  • Photocopier

With technology changing so fast, and every business needing to invest in computer hardware and software on a continual basis to keep up with technology changes and to maintain compatibility with all users and customers, lenders and lessors have expanded their appetite for this group of assets.

The continual need to upgrade and enhance computer systems also creates a steady stream of repeat business for lenders and lessors that take more aggressive positions in the market.

For computer hardware and software purchases under $50,000, the credit assessment process has more to do with the applicants credit profile and business financial stability than anything else.  And when larger amounts are required for several different pieces of equipment, the application can be covered off by more than one loan or lease from more than one source of financing in order to diversify the lender or lessor’s risk.

The bottom line to business is owners is that computer equipment financing and leasing solutions are available at reasonable rates and terms, and in many cases cover not only 100% of the cost of hardware and software, but also the soft costs like delivery, installation, and training.

For some businesses, operating lease solutions are becoming more popular where at the end of the lease term, the equipment is returned to the leasing company and automatically upgraded under a new lease.  This approach keeps the business on a timely upgrade and replacement schedule while leaving the equipment disposal process up to the leasing company.

Computer equipment financing can also come on a pre-approved bases whereby you apply for credit, get approved for a certain amount and type of equipment, and then start the acquisition process knowing ahead of time that financing is in place and that any transaction can be closed quickly to allow for more rapid installation.

If you have a computer hardware or software financing need, then I suggest that you give me a call so that I can quickly assess your situation and provide relevant financing options for your consideration.

Click Here To Speak With A Financing Specialist For All Your Computer Equipment Financing Needs.

Equipment Financing