Finance leases are especially advantageous for companies who plan to keep their equipment at the end of the lease term. In a finance lease, the asset generally appears on your balance sheet and is amortised over the life of the lease.
When you choose to finance your equipment rather than buy it, you avoid a large up-front payment. By spreading your payments out over the lifecycle of the asset, you are able to align the equipment cost with the benefit derived from that investment. Additionally, paying fixed monthly payments means predictable expenses month to month - no surprises - facilitating budget reporting and planning. Finally, when you finance your equipment with HP Financial Services, your bank lines of credit may remain intact.
Key benefits
- Improve cash flow and liquidity
- Align costs of solution with benefits of the solution
- Enjoy predictability of payment streams - no surprises
- Facilitate budgeting process with fixed payments
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