LeaseQ Helps Schools Stretch Their Budgets Through IT Equipment Leasing

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School system budgets are becoming increasingly restrictive, and a leasing provider offers solutions for schools and their equipment leasing and financing needs.

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Many school systems have been struggling with increasingly frugal budgets over the last four or five years

LeaseQ, one of the leading providers of equipment leasing and financing option in the United States, is providing IT equipment leasing to schools across the country, allowing them to maximize their budgetary constraints and provide the highest quality equipment for their students and staff.

Many school systems have been struggling with increasingly frugal budgets over the last four or five years, which means that many school systems are left with no choice but to continue to use older and in many cases outdated computers and other equipment purely for financial reasons. By utilizing equipment leasing options such as those offered by LeaseQ, many school systems are now discovering that they can stretch their budgets considerably and still provide the most current desktops, laptops, tablets, iPads, and wireless networking solutions.

The most obvious benefit to leasing is the financial one, with leasing in almost every way being a less expensive option than purchasing or financing. Interest rates are at historic lows, and with school system budgets being correspondingly low, the leasing option suddenly makes perfect sense.

Leasing also allows for staying current with regard to technology. Leasing with a $1 purchase option isn’t preferable, however, leasing with a fair market value purchase option almost always results in the ability to refresh and upgrade IT equipment at the end of the lease. Ideally, an end of lease option should allow for purchase of some items but not others, allowing the user to evaluate the equipment throughout the entire lease term.

Many students wish to purchase their notebooks at the end of their lease as opposed to returning them. This is normal even if the notebook is three or four years old. It is recommended to negotiate a fixed end of lease option if at all possible.

It is recommended that school customize their lease terms, and most leasing companies will provide a leasing solution customized for what a given school system requires.

Based in Boston MA, LeaseQ is one of the leading providers of equipment leasing and financing options in the country.

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Vernon Tirey
LeaseQ.com
781-346-3838
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Darrell Ritchie

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