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 or credit, such as
loans and overdrafts are kept intact, making further
borrowing
easier.
