Equipment leasing offers many printing companies an affordable way to add today’s most requested capabilities to their service offerings, especially in today’s tight lending market.  In addition to computers—far and away the equipment leased most frequently by businesses—printers are leasing such industry-specific equipment as presses, copiers, binders/cutters, colorimeters, and graphic cameras.

Leasing can provide another source of capital to printing companies seeking to expand. “The practice of leasing grows as companies grow,” notes NAPL Associate Consultant Mary Redmond, President of Independent Lease Review, Inc. “Leasing can provide another way for company owners to find the money they need to expand their business.”

And, because lease payments are generally lower than loan payments, leasing can help printers preserve capital. “With a lease, you’re not paying 100% of the value of the equipment because the leasing company retains ownership of the equipment at the end of the lease, unless they’re some kind of purchase option for the lessees written in to the agreement,” says Redmond. “That means the required payments are lower than they would be if a company financed a purchase of the equipment with a loan.”