Leasing Solutions
Why an Operating Lease?
Leasing is increasingly becoming the preferred procurement path for users of IT equipment as they contemplate budgets, upgrade processes, and ultimately, equipment disposal. CSC provides only Operating Leases, otherwise known as Off-Balance Sheet financing. The benefits of an Operating Lease over others include:
- Preserving Cash Flow
- Spread out the costs of equipment acquisitions, freeing up cash and credit lines for other operating needs.
- Lowest Cost for Use of Technology
- Enjoy the lowest payment options available over the course of an operating lease, while also being able to modify the lease terms, or your system configuration, based on changing needs and demands of your business.
- Accelerating Technology Refreshes
- Gain added efficiencies by incorporating technology refreshes that provide more powerful systems, avoid costly obsolescence, and can be added as needed without shouldering the burden of equipment disposal.
- Expensing Payments vs. Capitalizing Assets
- Avoid the costs of a rapidly depreciating technology on your balance sheet in favor of tailored monthly payments and the ability to expense all out-of-pocket costs on a monthly basis.
- Flexibility
- Modify your lease at any time based on the financial or technology needs in your business, and choose from several options as the lease matures.
Other Client Offerings
CSC Leasing provides a variety of technology leasing options enabling your company to acquire equipment through a program that works best for you. Most prominent among these are:
- Deferred Payment Options
- This program is helpful for clients who want to take advantage of year-end vendor specials or that need critical equipment but do not have the budget to support the lease payment stream. Payments can be deferred, typically for a 90- day period.
- Sales Lease Back
- Program where CSC purchases the equipment from the customer and leases it back to them under an operating lease. This type of lease is beneficial to companies needing to recapture cash and/or restructure their balance sheets.
- Step Up/Step Down Leases
- Program where CSC will structure lease payments to accommodate a company’s cash flow projections over the lease period. Rental payments can start low and go higher, or start higher, then decrease.