Ubeo Blog

Term Rental versus Leasing

Posted by Ronnie Hay on May 30, 2019 5:00:00 AM

rentalVsLease

What does your business technology acquisition strategy look like? When you purchase equipment from most providers, you sign on to a traditional leasing model. Most agreements range in length from 36 to 72 months with very limited flexibility.

 One of the biggest issues with traditional leasing contracts is their rigidness when working with financing entities. If you combine a rigid contract with poor service, this will cause headaches as the contract ages. If you sign with a low-end service provider, they typically do not have any emphasis on preventative maintenance and work on a break-fix model. Over time, the lack of preventative maintenance will cause frequent issues.

 

Here is where the traditional lease shows its weakness. If a service provider fails to live up to their service obligations, the customer will typically demand the poor functioning equipment be replaced. If the service provider agrees to replace the equipment, the provider has to go back to the finance partner to adjust the contract. This is very difficult. More often than not, the service provider will attempt to flip the contract at that point and roll the remaining payments into a new agreement.

 

UBEO’s acquisition strategy is different. UBEO, being one of the largest independent business technology providers in the country, has a unique relationship with its financing partners. Our acquisition strategy allows you the flexibility to change equipment if necessary for functionality or as business needs change without penalty. This is a huge advantage for your organization over traditional leasing. This flexibility combined with UBEO’s intense focus on preventative maintenance and customer satisfaction takes the worry out of this specific and vital function of  operations.

 

For full details on how UBEO’s flexible acquisition strategy can give your organization an advantage, speak with one of our representatives at ubeo.com.

Topics: Office Efficiency, Print Standardization, work-life