Use our quick and easy copier selector
Select a photocopier model number
Current Photocopiers
Colour Photocopiers
Black & White Photocopiers
Discontinued Photocopiers
Make an Enquiry
Copier Leasing
Thursday, 18 June 2009 09:36
Recent months have seen an increase in businesses choosing copier leasing as a safer option over purchasing, but why is a lease contract more appealing than purchasing, how are businesses coping with the increased difficulty in a leasing approval, and what are the photocopier companies doing about it
Most photocopier and office equipment suppliers will have recently seen an increased number of businesses choosing copier leasing over purchasing. Copier leasing is on the increase primarily because businesses are looking for stable solutions in the recession when the economic future is not clear. Leasing copiers and other office equipment is often appealing to businesses for several reasons:
- Finances can be planned more effectively (paying a fixed amount each month)
- There is no large cash sum to pay up front
- They can keep up to date with all the latest technology
- The device is only paid for for the time it is needed, up until the leasing agreement runs out
- Leasing agreements could deliver possible tax benefits
- Often there is an option to purchase the equipment at the end of the lease
- Service agreements are often included in the copier lease, allowing for technical assistance
Although there are many advantages to copier leasing, many businesses have become reluctant to take out long term lease agreements, mostly due to their uncertain or unstable financial future. With this change, photocopier suppliers have had to make it possible for customers to gain a copier lease agreement and feel comfortable in the amount time the lease has been taken out for. Copier suppliers, such as Canon Copiers, have adapted and become more flexible by shortening some lease agreements so that businesses do not have make such a long term commitment. The FLA chief recently announced to businesses that leasing could be the way to beat the recession (http://www.fla.org.uk/news/news.asp?ID=545), declaring that lease contracts offer a chance to manage cash flow and deliver stability as lenders cannot cancel the contract.
It might be that businesses are more likely to choose to take out a copier lease agreement over purchasing, but they have to be approved by a leasing and finance company. Leasing companies have made it tougher for businesses to be approved as it has been more difficult to guarantee the stability of businesses during the recession. However, by offering shorter term copier leasing and supporting businesses in their bid to be approved a lease, some photocopier and office equipment suppliers have adapted to help make it more likely for businesses to be approved.
It has recently been claimed that the UK economy has started to grow again (http://www.telegraph.co.uk/finance/economics/5498774/UK-economy-is-growing-again-says-NIESR.html), perhaps meaning that the end of the recession is drawing near and eventually more leasing contracts may be approved and businesses could feel comfortable taking out longer term leases. However, until then the copier suppliers have to adapt to the change in the market and offer flexibility to help businesses gain the lease agreement needed and have access to the best photocopiers available.
Photocopier News
- New Canon Copiers Website LaunchedCanon Copiers is delighted to announce this month the launch of its impressive, new and improved website. After some time in development, the company finally went live on 23rd February 2010, with what is a faster, simpler and far more exciting place for its customers and a business, all at Canon Copiers believe, is worthy of the fantastic new home it’s been given.
- Top Ten Energy Saving Tips for PhotocopiersWith rising energy costs and the increasing need to make business both environmentally friendly as well as efficient, saving energy on your workplace copying is a great way to reduce your bills and minimise your environmental impact. Here at Canon Copiers, we’ve selected ten of the best ways to save energy and money while copying without reducing your company’s productivity.
- Photocopiers: A Round-up of the Last YearThere has been much development in the photocopier industry during the last year with new ranges of copiers being released, heightened environmental concern, new acquisitions and partnerships and the recession all having a major part to play.
- ImageRUNNER ADVANCE Photocopiers Released by CanonCanon photocopiers have been recognised by many to be top of the industry when it comes to innovative design, powerful technology and feature-rich operations. With the introduction of the imageRUNNER ADVANCE series, Canon now have a complete range of powerful photocopiers, printers and multifunctional devices, all including the industry's leading technology.
- Canon Set to Release ImageRUNNER ADVANCE SeriesIn November 2009 a new range of Canon multifunction photocopiers known as the Canon imageRUNNER ADVANCE series will be available to customers across Europe. These new devices promise to deliver easier document workflow integration, helping businesses to improve business processes and reduce print costs using document management systems.
Latest Photocopiers
- Canon imageRUNNER advance C9070 Proir-adv-c9070.jpg Enquire now about multifunctional printers - copiers The imageRUNNER ADVANCE C9070 PRO is a 70ppm colour light production photocopier, designed for short-run colour and complex on demand jobs. With a vast
- Canon imageRUNNER advance C9060 Proir-adv-c9060.jpg Enquire now about multifunctional printers - copiers The imageRUNNER ADVANCE C9060 PRO is a 60ppm colour light production photocopier, designed for short-run colour and complex on demand jobs. With a vast
- Canon imageRUNNER advance C7065iir-adv-c7065i.jpg Enquire now about multifunctional printers - copiers The imageRUNNER ADVANCE C7065i supports mixed media up to 300GSM and SRA3. With a paper supply of 3400 sheets as standard and fast
- Canon imageRUNNER advance C7055iir-adv-c7055i.jpg Enquire now about multifunctional printers - copiers The imageRUNNER ADVANCE C7055i supports mixed media up to 300GSM and SRA3. With a paper supply of 3400 sheets as standard and fast
- Canon imageRUNNER advance C5051iir-adv-c5051i.jpg Enquire now about multifunctional printers - copiers The Canon imageRUNNER ADVANCE C5051i offers outstanding A3 colour printing, scanning and copying and includes basic send features as standard. This multifunctional photocopier has