There’s never been a better time to upgrade to an HP DesignJet large-format printer. Whether you’re producing high-quality color photos, POP signs, backlit, CAD drawings, GIS maps, or presentations, there’s an HP DesignJet printer that’s the perfect fit for your business.

Contact Paragon today for promotion details terms and expert advice. Call: 321-346-8400

• Purchase or lease a qualified product between April 1st 2023–June 30, 2023
• Let Paragon handle the paperwork for you!

Eligible trade-in products:

Any Canon, ENCAD, Epson, KIP, OCE, Seiko, Ricoh or Xerox 36- inch or greater technical, graphics or LED printer, MFP or copier
• HP DesignJet 200/220/230/250 36-inch or 42-inch series printer (24” series printers not eligible)
• HP DesignJet 330/350 series printer
• HP DesignJet 430/450/455/488 series printer
• HP DesignJet 500/500ps/510 42-inch series printer
• HP DesignJet T520/T525/T530 36-inch series printer
• HP DesignJet 600/610/650c series printer
• HP DesignJet T610/T620 series printer
• HP DesignJet 700/750/755 series printer
• HP DesignJet T730 Printer
• HP DesignJet T770 series printer
• HP DesignJet T790/T795 series printer
• HP DesignJet 800/800ps 42-inch series printer
• HP DesignJet 815MFP/820MFP series printer
• HP DesignJet T920/T930 series printer
• HP DesignJet 1050/1055 series printer
• HP DesignJet T1100/T1100ps/T1120/T1120ps series printer
• HP DesignJet T1100MFP/T1120MFP series printer
• HP DesignJet T1200 series printer
• HP DesignJet T1200 HD MFP series printer
• HP DesignJet T1300 series printer
• HP DesignJet T1500/T1530 series printer
• HP DesignJet T2300 series printer
• HP DesignJet T2500 MFP/T2530 MFP series printer
• HP DesignJet T3500 36-inch series printer
• HP DesignJet 4000/4000ps/4500/4500ps series printer
• HP DesignJet 4020/4520 series printer
• HP DesignJet 4500 MFP/4520 MFP series printer
• HP DesignJet T7100 series printer
• HP DesignJet T7200 Production Printer
• HP DesignJet 2000cp/2500cp/2800cp series printer
• HP DesignJet Z2100 series printer
• HP DesignJet Z2600 PostScript® Printer
• HP DesignJet 3000cp/3500cp/3800cp series printer
• HP DesignJet Z3100/Z3100ps series printer
• HP DesignJet Z3200 series printer
• HP DesignJet 5000/5000ps/5500/5500ps series printer
• HP DesignJet Z5200 PostScript® Photo series printer
• HP DesignJet Z5400 PostScript® series printer
• HP DesignJet Z5600 PostScript® Printer
• HP DesignJet Z6100/Z6100ps Photo series printer
• HP DesignJet Z6200 Photo series printer
• HP DesignJet Z6600/Z6610 Production series printer
• HP DesignJet Z6800/Z6810 Photo Production series printer
• HP DesignJet SD Pro MFP series printer
• HP DesignJet HD Pro MFP series printer

Paragon Visual, a customer-focused business dedicated to providing high-quality Wide Format Printers/Plotters, Media, Equipment, and Service, has recently achieved another milestone! The company has earned the HP Amplify Catalyst 3-star rank. This achievement mirrors Paragon Visual’s dedication to providing top-quality services to its clients. Moreover, it is also a testament to Paragon Visual’s commitment to sustainability. 

HP Amplify Catalyst 3-Star Partner designation is a resource assessment and training certification. It is an ideal gateway for HP partners to join the printer manufacturer to influence human rights and climate change decisions. Furthermore, like Paragon Visual, HP is also dedicated to digital quality, which is becoming essential as we progress in the virtual world.

What is the Amplify Impact Program?

Paragon Visual believes a business cannot survive if sustainability is not one of its core values. The strategy impacts corporate goals and strategies. Therefore, HP designed the program to empower businesses of all scales to collaborate toward a low-carbon society. At the same time, Amplify Impact Program also celebrates inclusivity and diversity to bridge the digital gap.

Paragon Visual is working closely with HP to educate and excite the partners about the progress ahead. HP’s Amplify Catalyst 3-star rank is the first step in making an ever-lasting change. It will maximize economic opportunities so the partners achieve a competitive advantage in their industry.

The HP Amplify program was launched in November 2020. It is the leading global program that celebrates dynamic communication between partners. HP Amplify Impact Program focuses on consistent growth and delivering outstanding customer service. The initiative is easy to follow and offers a simplified approach. The program’s core values are capabilities, collaboration, and performance. 

Meet the Catalyst Recognition Badge

The HP Amplify Catalyst 3-star badge, rewarded to Paragon Visual, shows the company’s dedication to sustainability. We constantly transfer knowledge to employees and customers who care about the environment, and offer insight into sustainable business practices. HP’s program supports everyone throughout the journey.

Paragon Visual received the HP Amplify Catalyst 3-star badge after fulfilling the following requirements:

1. The company completed a self-assessment regarding sustainability and environmentally friendly practices.

2. 30% of our staff has completed the training on the fundamentals of sustainability

3. 30% of the sales staff has also completed the sustainability and environmentally friendly corporate values course.

Due to hard work and HP’s sustainability program, four of Paragon’s deals have been positively affected, and became part of HP’s Fiscal Year.

Who is Paragon Visual?

Paragon Visual offers professional-grade services in wide format printing equipment. We aim to help clients from all industries with their printing projects. Furthermore, Paragon Visual adapts to the dynamic and evolving market environment. Moreover, our experts also offer the knowledge to utilize marketing resources efficiently because we know time is another very valuable resource.

Paragon Visual has a dedicated and professional relationship with HP which they believe in. The collaboration aims to achieve a successful and sustainable future around customer success. Paragon Visual promises innovative solutions to their clients whether it be map-making, car wraps, canvas, event signage, and graphics services, or something completely unique. 

Contact Us Today

Paragon Visual opened in 2020 with over 15 years of experience in printing and wide-format niche. The business is located in Titusville Florida and prides itself on putting their customer’s needs above all other. For queries, feel free to contact their customer service team. Dial (321) 346-8400 or email us at customerservice@paragonwf.com for queries. 

A printer’s ink cartridge takes 450 to 1000 years to completely decompose in a wasteland. With the printing demand increasing yearly, we can expect mountains of ink cartridges to rot away doing harm to the environment. It is up to us to remedy the waste, and that is exactly what sustainability in HP is about –self-accountability and planet preservation.

An ink cartridge is manufactured with different parts, such as an ink tank and a silicon circuit. The mechanism ensures equal ink distribution. Unfortunately, the printer’s cartridge does not represent its manufacturing waste. A manufacturer consumes more than 2 pints of oil in cartridge manufacturing. In addition, the toner requires more than 5 points of oil.

With extensive soul searching it’s easy to see you are hurting the plant each time you press Print on a document if you aren’t using a sustainable product.

Where to purchase sustainable cartridges?

We have the answer you seek! HP manufactures environmentally friendly cartridges that do not compromise on the printing quality. The strategy is to reduce landfill waste while preserving resources for future use. In addition, the sustainable option also saves money because the manufacturer does not need to produce cartridges from square one if they can be reused.

When an ink cartridge is re-used, it employs an Original Equipment Manufacturer. The quality signals that the cartridge is recycled but has been refilled with the original ink. However, eco-friendly cartridges have additional benefits

Environment safety

HP cartridges preserve the environment. Using Sustainable HP cartridges means the customers don’t throw away the ink component when it’s empty, and the toner stays out of the garbage too. This saves space in the landfill and prevents future pollution.

With successful implementation, emptying landfills can take the shape of nature preserves, recreational spots for families, schools, and so much more.

Saving resources

Manufacturing ink cartridges requires aluminum, steel, plastic, and rubber. Re-using ink cartridges saves these resources, and our environment.

Saving Money

HP reused cartridges means saving money too. There are no purchase or manufacturing costs if you are reusing the cartridges, the only expenses are refilling ink and repackaging. When purchasing environmentally friendly cartridges, the customer saves money while saving the planet so it’s a win-win.

How does HP re-manufacture cartridges?

Step 1: Customers send empty cartridges to HP. The step is completed using the HP Planet Partners initiative.

Step 2: HP will sort, shred, and dismantle the cartridges. Quality assurance protocols are practiced extensively.

Step 3: The recycled plastic is combined with leftover materials to complete the materials needed for manufacturing.

Step 4: HP manufactures new cartridges using the sorted material.

Facts about HP sustainability practices

Recycled HP Ink Cartridges use 36% less water and reduce carbon footprint by 46%. Moreover, recycled cartridges use 62% less fossil fuel too.

A re-manufactured HP toner consumes 33% less water and 32% less fossil fuel. In addition, the carbon footprint also reduces by 31%.

HP cartridges ensure that the air quality is not compromised, andthey meet all compliance requirements of the printing system.

HP is the industry leader in sustainability

HP Planet Partners Program supports and promotes recycling material to reduce waste. Moreover, HP+ Forest First Printing will restore and protect forests with NGOs for every page printed. HP guides and empowers businesses to incorporate climate preservation into their operations.

HP sustainability practices can influence industrial practices, and have a huge impact on healing our environment. Shop with the company that has sustainability in mind to become part of the bigger picture.

When you admire an image online, it pleases you internally. You wish to learn about the background, the artist, and how the picture came. However, physically holding a picture triggers a completely different emotion. The satisfaction is unthinkable. The pride only increases when the picture is framed, and hung on the wall. You can feel it each time you walk in and out of the room.

Ensuring an excellent print is tougher than you think though. The primary issue people have is when the picture doesn’t look as pleasing as it did on the computer screen. Here are a few factors that influence the quality you may be missing. What are the fundamental factors that will create a beautiful photo?

Technology

Modern photography combines technology with art. Creative thinking has crossed unthinkable boundaries to meet with digitization. Artists who wish to be successful today use software, efficient printing applications, and color management tools to upgrade the file output.

Deciding which paper to use

However, paper is the most crucial feature, which is often overlooked. For efficient results, the artists must factor in the texture, weight, and thickness of the paper. The attributes should perfectly match the color accuracy with the photogenic details.

Since the paper is an essential attribute, the artists wish for a paper that provides results consistently. Furthermore, they also want a sustainable paper. A paper that is FSC-Certified is growing in the art community because its use and manufacturing are environmentally friendly. Here are some of its features

• The FSC-Certified paper is popular among globally recognized photographers. Word of mouth has amplified its demand.
• The paper comes in black and a very bright white. Furthermore, the ink instantly dries and does not bleed.
• The newly generated paper will maintain the picture’s integrity and last decades, and it contains no acid.
• It’s 255g composition will keep the paper from curling, in fact, it will showcase the imagery vividly.
• The page is compatible with different formats and printing, including KODAK, Canon, HP, and Epson
• The paper is reasonably priced, and won’t break the bank.

What does FSC certification mean?

When paper is produced, it, unfortunately, means deforestation. FSC-Certified paper means replanting trees initially cut down to accommodate the paper demand. The strategy protects the local wildlife, rare species, communities, and the surrounding environment.

The Forest Stewardship Council leads FSC Certification, which is responsible for the ethical production of paper from forest to manufacturing to consumer.

Why is FSC Certification essential?

Forests are shrinking at an exceeding rate to accommodate global human demand. The rate of present deforestation is equal to 36 football fields. Moreover, losing greener areas because of the concentration of greenhouse gasses has increased from 12% to 17%.

Printing shops, sellers, and companies that offer FSC-Certified paper play an essential role in climate preservation. They are deeply involved in sustainable practices that will protect our planet. Furthermore, it also makes their brand stand out.

The modern-day customer is well aware of the adverse implications of their purchase. Therefore, they prefer to buy sustainable products that reduce environmental issues.

Time to Wrap up!

The FSC-Certified paper has revolutionized the photography field for the greater good. Paper is the most influential factor in art and image taking, alongside monitor calibration, RGB filtering, and picking the correct DPI. This is why paper is the no. 1 factor in creating the most captivating photography.

HP Recycled Removable Adhesive Fabric offers endless uses with unlimited opportunities. It is a non-PVC item that meets all safety and environmental standards. This product is certified for around a year of use. HP Recycled Removable Adhesive Fabric represents innovation with attention-grabbing attributes. Here is everything you need to know about the newest development in the adhesive fabric. 

What is the product?

HP Recycled Removable Adhesive Fabric is manufactured with recycled water bottles to promote the company’s sustainability values. Furthermore, its coating abilities make the marketing asset unique. The adhesive fabric is longer lasting than traditional glues and pasting tools. With the fact that it is cost-effective, its advantages are even more amplified.

How is it used?

The following steps ensure the product is applied correctly:

Where is the adhesive fabric applicable?

The HP Recycled Removable Adhesive Fabric is applicable in different scenarios making it quite diverse. Here are a few places to apply the adhesive without worrying about it coming off:

Advantages vs. Disadvantages

If you are wondering why you should use HP Recycled Removable Adhesive Fabric, here are a few of it’s advantages:

Following are the letdowns:

How is HP Recycled Removable Adhesive Fabric environmentally friendly?

The product expertly reuses unwanted water bottles, beverage cans, and other materials to construct the adhesive fabric. HP Recycled Removable Adhesive Fabric is technically designed to preserve and save energy. Moreover, its production does not emit greenhouse gases. The adhesive fabric will switch materials from added waste in landfills to an amazing product with a reusable purpose.

Time to Wrap Up!

HP Recycled Removable Adhesive Fabric is a testament to how far technology has come to preserve the planet. This product is incredibly easy to use, comes in numerous colors, offers custom finishes to represent your aesthetic, and is ideal for indoor and outdoor use … What more can you ask for!

Happy March! Or how it should be termed Happy Women’s History Month! The month celebrates the mass movements by ladies’ garment workers in 1909 for equal pay and rights. Women’s History Month celebrates women’s contribution to history and culture. Today, we discuss women in the printing sector, which still has a long way to go to claim as “gender-equal.”

Women’s barriers to entry in the printing industry

Inability to appreciate the talent

Over the years, women have become active participants in numerous industries. However, their involvement in the print industry is unsatisfactory. There are 37.76% of women to 62.64% of men in the printing industry. Many blame the failure to recognize new talent. Therefore, we must specifically focus on attracting female recruits.

Low self-confidence

Moreover, some women do not feel confident or comfortable in networking. In a society where women are often seen as inferior, they may inadvertently develop a low self-esteem. Women tend to compare themselves to their peers and fall short of their sometimes frivolous expectations. They become more cautious and unwilling to take risks or step out of their comfort zones. Another reason for their low self-esteem is, they tend to be rewarded for perfectionist tendencies and are unwilling to try out new activities that they may not be good at. This can cause them to miss out on incredible opportunities, or going into fields that are more male-dominated. Therefore, we need to present a safe environment where women can share their experiences and advise other women who wish to enter the print industry.

Glass ceiling

The term was introduced in the 1970s and mentioned that women have invisible barriers based on attitude. They also face daily corporate prejudices, making it difficult to be recognized or promoted in a male-dominated printing field. 

Toni is someone who did not let these obstacles stop her! Toni Oman is an influencer, and a sensational woman who has created a name for herself in the printing industry through her well-recognized business. 

Who is Toni Oman?

Toni Oman is a proud, and inspiring, co-founder of Paragon Visual LLC. She is dedicated to helping customers and partners with innovative solutions. Toni Oman is well-known in the printing industry for thinking outside the box, rather than offering traditional and repetitive recommendations. 

Toni Oman has gained experience through her years of working in the administrative field and the print industry. She is filled with creative marketing ideas that empower print clients to establish a competitive advantage.

Oman collaborates with clients with an open mind. She empathizes with them and understands their requirements to avoid conflicts. Her networking strategy has been immensely appreciated, resulting in business loyalty and repetitive customers. Due to her talents and insight, Toni Oman is adored by her social circle and clients.

When asked about professionalism, Toni Oman believes growth is its fundamental value. She believes growth can welcome and effect change positively. It boosts healthy competition in the industry. 

Now let’s learn more about her company—Paragon Visual

Hire Paragon Visual for your Printing & Service needs

Paragon Visual offers high-quality and professional Service, Printers/Plotters, and Printing Media to ensure that clients’ businesses can print quality in house projects that will attract customers, while saving money and time. The company quickly adapts dynamic industrial requirements, such as incorporating new sources and updated technology.

Through its owners, Paragon Visual has the knowledge to deliver expert advice and the right product to make their client’s vision a reality. They offer printers and/or media for projects such as signage, canvas printing, maps, vehicle wraps, trade-show advertisements and more at affordable rates. As Paragon Visual has grown they have recently opened a Service Division, becoming a one stop shop for all their client’s needs.

Paragon Visual was established in 2020, hoping to transfer our experience in printing to client appeasement. The business is located in Titusville Florida and prides itself on putting their customer’s needs above all other. For queries, feel free to contact their customer service team.

Paragon Visual will actualize your printing requirements! They practice an easy return policy and accept payment through all credit and debit cards. Call Paragon Visual at 321-346-8400.

There’s never been a better time to upgrade to an HP DesignJet large-format printer. Whether you’re producing high-quality color photos, POP signs, backlit, CAD drawings, GIS maps, or presentations, there’s an HP DesignJet printer that’s the perfect fit for your business.

Contact Paragon today for promotion details terms and expert advice. Call: 321-346-8400

• Purchase or lease a qualified product between January 1, 2023–March 31, 2023
• Let Paragon handle the paperwork for you!

Eligible trade-in products:

Any Canon, ENCAD, Epson, KIP, OCE, Seiko, Ricoh or Xerox 36- inch or greater technical, graphics or LED printer, MFP or copier
• HP DesignJet 200/220/230/250 36-inch or 42-inch series printer (24” series printers not eligible)
• HP DesignJet 330/350 series printer
• HP DesignJet 430/450/455/488 series printer
• HP DesignJet 500/500ps/510 42-inch series printer
• HP DesignJet T520/T525/T530 36-inch series printer
• HP DesignJet 600/610/650c series printer
• HP DesignJet T610/T620 series printer
• HP DesignJet 700/750/755 series printer
• HP DesignJet T730 Printer
• HP DesignJet T770 series printer
• HP DesignJet T790/T795 series printer
• HP DesignJet 800/800ps 42-inch series printer
• HP DesignJet 815MFP/820MFP series printer
• HP DesignJet T920/T930 series printer
• HP DesignJet 1050/1055 series printer
• HP DesignJet T1100/T1100ps/T1120/T1120ps series printer
• HP DesignJet T1100MFP/T1120MFP series printer
• HP DesignJet T1200 series printer
• HP DesignJet T1200 HD MFP series printer
• HP DesignJet T1300 series printer
• HP DesignJet T1500/T1530 series printer
• HP DesignJet T2300 series printer
• HP DesignJet T2500 MFP/T2530 MFP series printer
• HP DesignJet T3500 36-inch series printer
• HP DesignJet 4000/4000ps/4500/4500ps series printer
• HP DesignJet 4020/4520 series printer
• HP DesignJet 4500 MFP/4520 MFP series printer
• HP DesignJet T7100 series printer
• HP DesignJet T7200 Production Printer
• HP DesignJet 2000cp/2500cp/2800cp series printer
• HP DesignJet Z2100 series printer
• HP DesignJet Z2600 PostScript® Printer
• HP DesignJet 3000cp/3500cp/3800cp series printer
• HP DesignJet Z3100/Z3100ps series printer
• HP DesignJet Z3200 series printer
• HP DesignJet 5000/5000ps/5500/5500ps series printer
• HP DesignJet Z5200 PostScript® Photo series printer
• HP DesignJet Z5400 PostScript® series printer
• HP DesignJet Z5600 PostScript® Printer
• HP DesignJet Z6100/Z6100ps Photo series printer
• HP DesignJet Z6200 Photo series printer
• HP DesignJet Z6600/Z6610 Production series printer
• HP DesignJet Z6800/Z6810 Photo Production series printer
• HP DesignJet SD Pro MFP series printer
• HP DesignJet HD Pro MFP series printer

With the holidays right around the corner we wanted to revisit printable wrapping papers. This is a PERFECT way to up your holiday gift giving game!

You can custom print your wrapping paper with our Magic WrapitAQ or our HP Satin Wrapping Paper!  It is so easy, as you can see in the video, and perfect for any occasion from birthdays to holidays. You can use this for yourself, or even sell your custom paper bringing you a new line of revenue. 

Why printable wrapping paper?

1. No special printer to purchase!
   • Easily print using your existing printer! (Latex and Aqueous compatible)
2. Your brand covering your gifts to make a lasting impression.
   • Everyone loves custom gifts, why not customize the paper they are wrapped in?
3. FUN and Easy!
   • Customize with photos and your own art. Use Canva or your favorite design app. Then PRINT!

If you have any questions about printable wrapping paper options, please call or email us we would love to speak with you!

customerservice@paragonwf.com or 321-346-8400

The best time to invest in an HP DesignJet large-format printer is now. With so many models and styles available, there’s sure to be one that meets your needs! Whether you need high quality color photos or just want a simple but effective way of producing presentations with clear graphics – we have what it takes for every business at the moment.

Contact Paragon today for promotion details terms and expert advice. Call: 321-346-8400

• Purchase or lease a qualified product between October 1, 2022 – December 31, 2022.
• Submit the claim form and proof of purchase by January 31st 2023.
• IMPORTANT: Each claim must be accompanied by proof of purchase. Failure to attach will result in claim rejection.

Want more information? Fill out the form below and we would be happy to help you.

Eligible trade-in products:

• Any Canon, ENCAD, Epson, KIP, OCE, Seiko, Ricoh or Xerox 36-
inch or greater technical, graphics or LED printer, MFP or copier
• HP DesignJet 200/220/230/250 36-inch or 42-inch series
printer (24” series printers not eligible)
• HP DesignJet 330/350 series printer
• HP DesignJet 430/450/455/488 series printer
• HP DesignJet 500/500ps/510 42-inch series printer
• HP DesignJet T520/T525/T530 36-inch series printer
• HP DesignJet 600/610/650c series printer
• HP DesignJet T610/T620 series printer
• HP DesignJet 700/750/755 series printer
• HP DesignJet T730 Printer
• HP DesignJet T770 series printer
• HP DesignJet T790/T795 series printer
• HP DesignJet 800/800ps 42-inch series printer
• HP DesignJet 815MFP/820MFP series printer
• HP DesignJet T920/T930 series printer
• HP DesignJet 1050/1055 series printer
• HP DesignJet T1100/T1100ps/T1120/T1120ps series printer
• HP DesignJet T1100MFP/T1120MFP series printer
• HP DesignJet T1200 series printer
• HP DesignJet T1200 HD MFP series printer
• HP DesignJet T1300 series printer
• HP DesignJet T1500/T1530 series printer
• HP DesignJet T2300 series printer
• HP DesignJet T2500 MFP/T2530 MFP series printer
• HP DesignJet T3500 36-inch series printer
• HP DesignJet 4000/4000ps/4500/4500ps series printer
• HP DesignJet 4020/4520 series printer
• HP DesignJet 4500 MFP/4520 MFP series printer
• HP DesignJet T7100 series printer
• HP DesignJet T7200 Production Printer
• HP DesignJet 2000cp/2500cp/2800cp series printer
• HP DesignJet Z2100 series printer
• HP DesignJet Z2600 PostScript® Printer
• HP DesignJet 3000cp/3500cp/3800cp series printer
• HP DesignJet Z3100/Z3100ps series printer
• HP DesignJet Z3200 series printer
• HP DesignJet 5000/5000ps/5500/5500ps series printer
• HP DesignJet Z5200 PostScript® Photo series printer
• HP DesignJet Z5400 PostScript® series printer
• HP DesignJet Z5600 PostScript® Printer
• HP DesignJet Z6100/Z6100ps Photo series printer
• HP DesignJet Z6200 Photo series printer
• HP DesignJet Z6600/Z6610 Production series printer
• HP DesignJet Z6800/Z6810 Photo Production series printer
• HP DesignJet SD Pro MFP series printer
• HP DesignJet HD Pro MFP series printer

Introduction

When it comes to purchasing capital equipment, one of the most difficult decisions is whether to buy or lease. Most business people are perplexed when addressing this question. So, don’t believe you’re the only one who has these kinds of doubts.

Buying is often less expensive if you consider terms of the life of the item, but leasing involves much lesser cash up front, placing a bit less impact on cash flow. Buying provides you greater freedom to change or sell machines as required, although leasing may provide more possibilities for staying current with cutting-edge technology. In this article, we will try to explain all these opinions in-depth and clear up any confusion about whether leasing is beneficial for capital equipment purchases.

Top benefits of leasing capital equipment for your business

Lower Maintenance Costs

This specific benefit is sometimes overlooked when assessing the benefits of leasing capital equipment. All you have to do is pass the expense of equipment upkeep to the leasing firm. Normally, the cost is substantially lower and can save you a lot of trouble later. Dealing with the additional expenditures associated with repairs is therefore effectively outsourced, allowing you to cross this item off your to-do list.

Flexibility with Easy Upgrades

The most realistic fact of our present era is the use of technology. Every day, it is evolving. Although this is beneficial to the progress of the company, it does come at a cost. With each upgrade, older equipment becomes obsolete in the market, while fresh equipment gradually rises to become must-haves. In such cases, in order to stay on top of the game, you usually end up purchasing newer technology, which costs a significant amount of money.

Unlike when you buy an item, most leases allow you to upgrade as part of your agreement. Not only does this feature provide significant cost savings for the company, but it also eliminates the need to dispose of outdated equipment because it is returned to the lessor. If there is still any economic residual in these returned assets, there may be a chance to exchange it for a discount on newer versions.

Capability to work on one-time projects

Leasing equipment might be quite useful if you want to use it for a one-time project or event. Instead of purchasing a piece of equipment and spending all of your money all at once, you may lease the equipment and save a lot of money.

Increase Budget Flexibility

This is a no-brainer point to cover, but it is the most important one at the end of the day. One of the most significant advantages of leasing capital equipment rather than purchasing is that you avoid the huge upfront capital commitment. Instead, you may convert this capital expenditure to an operational expense, which is quite beneficial for accounting purposes.

Conclusion

Equipment leasing has several advantages and is an efficient mechanism for businesses to handle the overall operational costs. If a corporation needs equipment that requires periodic updates, decreases taxable revenue, or improves cash flow, then equipment leasing is a viable choice. Before making a choice, be sure you comprehend the underlying business scenario. 

We are here to assist you through our partners with any questions you have on leasing.

A few examples of equipment eligible for leasing: