Software Financing with Connect Lease can be Your Company’s Solution.
At the rate of technological advancement, software of all types has become a key competitive advantage for Canadian businesses. This might be anti-virus software for their computers, medical software, accounting software needed for taxes and book keeping or graphical software. Whatever your company needs, the best way to cover those costs are by leasing software. Leasing verses buying is the smarter choice to keep your company updated with the latest trend for many reasons:
Up-to-date with technology
By leasing, you lessen the risk your company will end up with obsolete software because the agreements allow you to build upgrades and add-ons into the leasing agreement.
No huge cash down payment
Leasing software does NOT require a large deposit or the entire up front cost buying does.
Maintenance and support costs covered
If you’ve purchased a computer for your company, the hardware in which you’ve invested a large amount of capital is useless without the right software. Software financing through Connect Lease takes care of associated services, maintenance, and implementation of the software investment. If your piece of software comes with upgrades, that may be available to you depending on the contract of the lease.
Leasing software pays for itself
With custom lease terms, payments are spread over a multiple-year term, matching benefits received from the software. This means your company can let the solution pay for itself over the duration of the lease or keeping more working capital to fund investments such as additional payroll for expanding employees or facility expansion.
Leasing is a smart solution to financing software.
Any business at any stage of development can lease software as a financing solution. Whether you are starting up your business and need one program or if you have been in business for years and need to buy corporate licenses, flexible lease terms allow you to grow your business over the long term.
Connect Lease also offers the ability to lease computer equipment with your software. Contact us to speak with a leasing agent to customize your financial plan.
How easy is it to obtain a lease?
It’s a lot easier than you think for leases less than $100,000! An application for a smaller lease is generally no more complex than a credit card application. Leases for more than $100,000 require detailed financial information from the business, and the leasing company conducts a more thorough credit analysis than it would for a smaller transaction.
What types of software can I lease?
Any software your company needs, you should be able to lease. Software examples you can lease include:
- Accounting and business management software
- Medical software
- CRM software
- Graphic design software
- Point of sale software
- E-commerce software
- Help desk software
- Inventory management software
- Supply chain software
- CAD software