Technology-As-A-Service
Workplace technology is rapidly changing and evolving, what's ground breaking one day is old news a couple of months later. So what if you could integrate the latest technologies every couple of years and have it maintained without the upfront financial burden of purchasing brand new equipment? With our Technology-as-a-Service program with ASD® you have one fixed investment and a total low voltage technology infrastructure that is fully supported.
Here’s why our clients like our program:
NO NEED FOR COMPROMISE
Now you don’t have to postpone or delay implementing the newest and best technology. You can enjoy productivity improvements sooner by getting the right tools for the job.
100% FINANCING
Leasing gets you the technology you require while still meeting cash flow needs. Your monthly payments can include "soft" costs such as installation, freight, equipment set up, or service contracts.
PROVIDES A HEDGE AGAINST INFLATION
Since lease payments are fixed you can pay for today’s technology with tomorrow’s dollars as you earn them.
PRESERVES CASH AND CREDIT LINES
Leasing is a proven way to conserve capital while acquiring needed technology. Since you're not tying up existing credit lines you'll have the capital available for critical areas like personnel, inventory, or advertising.
LOW MONTHLY PAYMENTS
ASD® can customize a lease plan that will fit your budget needs. Often times payments are lower than conventional financing.
NO DOWN PAYMENT
Preserve and protect your cash flow by freeing up your available money to work for you instead of sinking it into depreciating assets.
FLEXIBLE LEASE TERMS
You can choose from a variety of lease terms that suit your individual needs. ASD® will quote all of them so that you can make an informed decision.
OPTION TO BUY
If you decide that you would like to own the technology at the end of the lease you can simply pay the amount specified in the terms.
EASIER BUDGET FORECASTING
Having a fixed monthly payment allows you to more accurately forecast your budgets.
Hidden Costs of Technology
The purchase price of your new technology is just the tip of the iceberg compared to its lifetime costs. Many times the maintenance of that technology can cost 3-4x more than the original purchase price.
This free eBook uncovers the costs you might not expect to encounter through the life of your technology.
Make the Best Use of Your Funds
By leasing assets that depreciate you're freeing up your cash for other areas of your business. It also keeps your funds and credit available for unseen opportunities that arise. All money is not created equal, below you will find a comparison of common workplace technology financing options. Each situation is unique and this should help you determine which solution is best for your organization.
LEASE | BANK LOAN | CASH PURCHASE | |
|---|---|---|---|
CASH FLOW | No money down means equipment can be profitable from day one | Down payment is required and costs of installation, maintenance, and freight aren't included | Depletes your cash reserves and leaves you vulnerable to unforeseen expenditures |
CREDIT LINES | Preserve credit lines and conserve capital while improving your credit score | Ties up credit lines | Credit can be negatively impacted by diminishing working capital |
EQUIPMENT PROTECTION | Generally, taxes and insurance are managed by the financing company | No obsolescence protection | No obsolescence protection |
RATE RISK | Establish a set rate at the beginning of the term of the agreement | Most likely a variable interest rate tied to prime or an economic indicator | Use today's cash for income generating activities |
SOFT COSTS | Covers most soft costs and preserves cash | Rarely covered | Additional upfront costs that deplete cash reserves even more |
UPGRADES | Easy to add-on or trade-in while keeping the same fixed terms and payment amount | Must handle disposal of equipment which slows upgrade process and results in additional costs | Must handle disposal of equipment which slows upgrade process and results in additional costs |
TAX AND LIABILITY | $1 buyout leases use accelerated depreciation for larger tax advantages | Principal amount is depreciated so only the interest can be written off | Assets must appear with corresponding liability on balance sheet |
LEASE
BANK LOAN
CASH PURCHASE
CASH FLOW
No money down means equipment can be profitable from day one
Down payment is required and costs of installation, maintenance, and freight aren't included
Depletes your cash reserves and leaves you vulnerable to unforeseen expenditures
CREDIT LINES
Preserve credit lines and conserve capital while improving your credit score
Ties up credit lines
Credit can be negatively impacted by diminishing working capital
EQUIPMENT PROTECTION
Generally, taxes and insurance are managed by the financing company
No obsolescence protection
No obsolescence protection
RATE RISK
Establish a set rate at the beginning of the term of the agreement
Most likely a variable interest rate tied to prime or an economic indicator
Use today's cash for income generating activities
SOFT COSTS
Covers most soft costs and preserves cash
Rarely covered
Additional upfront costs that deplete cash reserves even more
UPGRADES
Easy to add-on or trade-in while keeping the same fixed terms and payment amount
Must handle disposal of equipment which slows upgrade process and results in additional costs
Must handle disposal of equipment which slows upgrade process and results in additional costs
TAX AND
LIABILITY
$1 buyout leases use accelerated depreciation for larger tax advantages
Principal amount is depreciated so only the interest can be written off
Assets must appear with corresponding liability on balance sheet
How Much Should I Budget?
Develop your technology budget and identify the critical factors that will impact your project pricing.
