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Guest Columnist Terry Forsberg
GCI Capital
(direct) 952-224-2413
(cell) 952-484-5814
 
www.gcicapital.com

What’s this Software Leasing?
100% Financing For Every IT Project

As we entered the technology revolution, computer hardware became a costly and expensive investment for every business to undertake. To facilitate the acquisition of this type of investment, equipment leasing played an important role in providing an efficient and easy financing source. Because of the numerous benefits that leasing offers, leasing hardware quickly became as commonplace as leasing office copiers and office furniture.

Soon, computers were leased with software pre-loaded into the hardware. This was the beginning and advent of software leasing. This continued to evolve to where today it is recognized that hardware is a commodity while software provides the bulk of the actual value to the customer.

Today, the leasing of software projects continues to advance in popularity and capability. Now it’s even possible to package every cost associated with the software project into the structure of the lease. This means all of the peripheral “soft costs” can also be financed; costs for customization, training, installation, implementation, conversion and maintenance. This also means 100% financing.

Our daily headlines are filled with various interpretations of where our new economy is headed. This makes business decision-making very difficult indeed. But optimism for a bright future continues as businesses recognize the need to leverage technology with software solution. A logical progression of this idea is leveraging capital with a software lease. Both solutions directly challenge the economic uncertainty that every business owner must face today.

A few of the many benefits of leasing are particularly relevant to those contemplating a new software implementation and lease…. 

First, software leasing allows for every business to preserve valuable capital, which may then be retained and utilized elsewhere to increase profitability.

Second, it allows for preservation of bank lines of credit, which can be kept unencumbered and available for short-term borrowing and unexpected cash flow changes during business cycles. 

Third, a software lease offers complete convenience and flexibility; terms can be structured beyond normal bank loan terms, fixed payments make it a predictable budget tool, conditions can be creative so that the structure meets all the needs of the business, and the entire process is very quick and easy.  

Last of all, a much needed software project can move ahead today instead of facing delays from the long arduous budget battle process. Actually, a software lease can circumvent the entire capital expenditure process – with monthly payments from a departmental operating budget and approval from the operational management level.

Maybe today is the very best time to keep a much needed software project moving forward and full speed ahead! Call your Ortivus North America Sales Rep at 800-537-3927 for more information.