Communication System Leasing Options
Building or updating a modern communication system can be an intimidating expense for a small to medium size business. But purchasing a system is not your only option. So don’t settle for an inadequate system that won’t meet your future needs. Consider lease options that can help your company get the right system for business today and for years to come.
SoundTel has worked with NEC to offer a variety of leasing options to meet almost any business need. Whether your business wants low lease payments, tax benefits, a balloon lease or lease to own options, SoundTel can find the best option for your business, as well as building and installing the ideal NEC system in your office. Lease options include:
Fair Market Value Lease
For the lowest possible lease payments, with an end of lease purchase option (not to exceed the fair market value of the equipment). This type of lease may also have significant tax advantages.
$1 Purchase Option Lease
This lease type gives you the benefits of ownership, such as interest and depreciation deductions. After all the lease payments are made, you can purchase the equipment for $1.00.
10% Purchase Option Lease
At the end of the lease, the option to purchase is fixed at 10% of the original cost, allowing for lower monthly lease payments and a predictable cost of purchase at the end of the initial lease term.
A balloon lease allows for a commitment to a guaranteed purchase price. This is beneficial where the value of the equipment is strong and the lessee wants to leverage that value in order to have a lower monthly payment.
Some equipment requires time to realize its value. A step lease allows lower monthly payments for an initial period before it “steps-up” to the normal payment for the remainder of the lease term. This type of lease is ideal for equipment that has a longer training period or might generate a higher level of revenue at a later date.
SoundTel and NEC also have periodic special offers on leases. These can include 0% lease options, a 1% per month lease with cash out early option, and for smaller systems, a 13 “baker’s dozen” month purchase payment plan. Contact SoundTel to discuss which option is best for your company. Call 1-800-797-3663 or 425-481-5493 to learn more and for a free communications analysis.