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MARCH, 2017 © Copyright 2017 | ELECTRONICS FOR IMAGING, INC. ALL RIGHTS RESERVED. FINANCING SOLUTIONS ANSWERING YOUR QUESTIONS Leasing gives you both the equipment you need today and the ability to upgrade tomorrow. These frequently asked questions (FAQs) give you the ins & outs of leasing, so you can take full advantage of the many benefits it can offer your business. Q: What exactly is equipment leasing? A : An equipment lease is a contract for the use of specific piece(s) of equipment for a set period of time (generally 24-84 months) against fixed monthly payments that are agreed upon in advance. Q: Why should I lease equipment rather than purchase it outright? A : You don't pay your employees a year in advance, but as they contribute. Why should it be any different with a contributing asset like business equipment or technology? Leasing (or 'financing') lets you pay as you use the equipment, not before. So the equipment starts generating you income even before you've made your first payment. Q: Does equipment leasing provide tax benefits to my business? A : Leasing is advantageous to most businesses in that monthly lease payments can often be deducted as an operating expense, reducing your taxable income *. * Check with your financial advisor Q: What type of equipment can be leased? A : The wide variety of equipment and software in EFI's portfolio can be financed. Your local DLL contact can tell you more if you have a specific equipment need. Q: How do I know if I'll qualify for a lease? A : DLL prefers to consider established business with a good credit record that have been in existence for a minimum of 2 years. But there are all sorts of circumstances in which a business qualifies for a lease. Q: What happens at the end of the lease? A : That's up to you and depends on the type of lease you selected. Please refer to your end-of- lease options to see the options that apply to you. Q: How will I know if my business will benefit from a lease? A : Simply ask yourself the following questions. If you answer any of them "yes", there's a good chance your business will benefit from an equipment lease: - Do I plan to update my equipment or expand? - Would consolidating all equipment purchases into one invoice be helpful? - Does protection against equipment breakdown or obsolescence interest me? Q: How do I know if a lease is the right choice for my business? A : If any of the following apply to your situation, we recommend talking to your local DLL contact about a lease option that fits your company's budgetary requirements: - The equipment you need to be competitive will be obsolete in a number of years - You'd like to find a more effcient way to manage cashflow - You're looking for off balance sheet financing and possible tax advantages - You want 100% cost coverage (including soft costs) Contact us For further inquiries please call EFI Financial Services, Mrs Jean Warokka, mobile +31652781678. Or let us know and we will have DLL's local account manager contact you.
