Paying for assets such as IT equipment on an outright
purchase basis can place a strain on the finances of
any educational establishment. A one-off cash outlay
such as this may also result in cutbacks in other areas
due to budgetary constraints.
Leasing can be the answer.
Instead of one substantial payment upfront, the cost
of the asset is spread over
a number of regular payments. These payments are fixed
for the term of the agreement providing protection
against interest rate fluctuations enabling accurate
budgeting
and cash flow projections. And other lines of credit,
such as loans and overdrafts are kept intact, making
further borrowing easier.
