Surveys carried out by Techaisle in 2018 found that 42% of small businesses believe that IT complexity is becoming more acute and delaying adoption of solutions that will have a clear benefit to their business.
Contributing to this complexity is the sheer volume of solutions offered to small businesses – it can be time-consuming and challenging to identify those that best match your organisation, not to mention figuring out the best way to fund them.
Here are the top five reasons why small businesses should consider financing their IT infrastructure:
1. Easy and affordable access to the latest technology
Complexity and a lack of available budget can cause many small businesses to delay decisions about implementing the software or services that can kick-start their next phase of growth.
That could be the cloud-based CRM tool that makes it easier to engage with customers; the new e-commerce platform that helps you expand into overseas markets; or the analytics package that gives you new insight into how people use your app.
A flexible payment plan gives a small business immediate access to the tech it requires, with the freedom to upscale and add more tech solutions as the business evolves.
This means you can follow market trends closely to increase your competitiveness and stay ahead of the pack.
Video: Today’s IT Financing Solutions
IT equipment leasing and financing could be the answer small businesses are looking for. This video gives a 60-second overview of how you can benefit from financing your IT needs.
2. More IT equipment for your money
Financing the purchase of IT equipment means your small business doesn't have to find large amounts of upfront capital as you get to spread the cost over time. You can get all the IT components your business needs to compete today and pay for it in monthly instalments, relieving your cash flow.
Financing enables you to bundle the entire solution – hardware, software, services, and subscriptions – spreading your investment over the duration of your lease term.
3. Flexibility to upgrade when you need to
You never know when your business will require a new technology investment. If you needed a new software package or equipment upgrade now, does your business have the free cash to fund it? With leasing, you can make that upgrade and offset the cost against future revenue from the contract.
You don't have to worry about aging IT infrastructures, expensive and restrictive licensing agreements, and long, complex change procedures. And you're not stuck with outdated equipment at the end of the contract, so depreciation is not a worry at all.
As technology moves on, so can your business.
4. True 0% interest
Unlike bank loans and leasing options from other technology vendors, financing through Cisco is a true 0% interest rate.
The amount you pay back is a true reflection of the value of the technology, with no penalty for spreading the cost. Just take the total cost of the solution and divide it by 36 months.
5. Simplify accounting
Financing can make things simpler from an accounting perspective, too. Your business's technology-needs are all rolled into a single, regular payment for a total solution from one vendor. It's easier to manage, easier to track against your budget objectives, and easier to plan for.
How are you going to fund your next project?
Let us help you get the latest Cisco technology at no cost to you and future-proof your business. Save you valuable cash and use our funds – cost-free.
*Financing products provided by independent third party financiers. Terms and conditions may apply.