HP Financial Services offers operating leases that help companies get the IT solutions their businesses require, while avoiding the risks of asset ownership.
With an operating lease you are truly paying for the use of the equipment, not its ownership. HP Financial Services leverages its expertise in remarketing older equipment to set the most advantageous residual values, resulting in the optimum upfront lease pricing. With an operating lease, under the accountancy rules applied in many countries, the leased asset generally does not appear on your balance sheet.
HP Financial Services offers flexible lease terms allowing you to choose the options that work best for you. You can choose to be invoiced monthly or quarterly, in advance or after the fact. Additionally, you can bundle your hardware, software, and services into just one monthly payment. It’s easy to forecast and easy to allocate.
At the end of the lease term, you may decide to purchase the equipment, return it to HP Financial Services, or extend your lease term.Key benefits
- Improves cash flow and liquidity
- Minimizes risk of obsolescence
- Minimizes resources and costs associated with asset disposition
- Helps achieve desired treatment for financial reporting purposes
- Takes advantage of a regular technology-refresh capability