With the current credit crunch and banks/ financial institutions becoming increasingly reluctant to dole out funds for office equipment financing purposes, chances are that some of the leading, cash-rich equipment manufacturers themselves have  to offer the funds to facilitate sales.

The trend appears to be catching on in some parts of the world at least, as this article shows, with companies like HP and Xerox leading the way. In fact, more than two-thirds of Xerox's revenues in the last fiscal year reportedly came from their equipment financing/leasing business.   

Of course, not all companies have the financial wherewithal to offer equipment leasing; and some have opted out of the business having burnt their fingers previously. But overall, cash-rich companies certainly seem to be in the best position to offer the much-needed financing that will continue to move not-so-cheap products such as large, multi-function copiers.

So, if you are looking to buy a copier and wondering where to get the funds to do so, check out the lease financing options that may be available from the manufacturer himself.

Leasing equipment is becoming an increasingly attractive option, particularly in today's economic climate. Upfront investments to the tune of several thousand pounds for key office equipment such as a photocopier are something companies try to cut down upon and in such a scenario, equipment leasing is one of the best options available.

Of course, the decision to buy or lease a photocopier must be thought through for cost-effectiveness. Very small organizations with very low volume photocopying requirements are probably better off buying a low-cost photocopier or even a MFP that is capable of copying as well; medium to large organizations that may need several copiers will most likely find leasing a better option. Not only does leasing eliminate the need for a capital investment upfront, the lease amounts being paid for the equipment will generally be inflation-proof as the terms of the lease are agreed in advance. 

Another important suggestion for anybody considering leasing a photocopier (or other office equipment for that matter) is to get their requirements absolutely correct and ensure that the equipment that they are choosing will fulfill both their immediate and medium -term [at least for the duration of the lease] requirements.

So, if you are wondering whether to buy or to lease a photocopier and would like to evaluate options, may be you could send requests for quotation to both our photocopier vendors as well as equipment leasing vendors---- we are certain that an informed decision is just a couple of forms away!