JJ Bender: Hot Fresh Copy

Digital Copier Lease Calculator

If you're looking for a ballpark estimate of what your copier lease might cost, a great place to start is a lease calculator.

The link above takes you to a calculator that will let you figure out your approximate monthly payments based on interest rate and the amounts involved. It lets you factor how many payments you want to make, what the residual amount will be, and the interest rate on your equipment lease. More importantly this lets you know the class of copier you can afford to lease.

You should always have an idea of the costs of a given copier lease because then you can budget accordingly and assess the numbers offered to you by an equipment leasing broker. It's important to be able to assess your expected revenue according to print runs in relation to your costs. 

If you're considering a copier lease, please consider JJ Bender.

The link above takes you to a calculator that will let you figure out your approximate monthly payments based on interest rate and the amounts involved. It lets you factor how many payments you want to make, what the residual amount will be, and the interest rate on your equipment lease. More importantly this lets you know the class of copier you can afford to lease.

You should always have an idea of the costs of a given copier lease because then you can budget accordingly and assess the numbers offered to you by an equipment leasing broker. It's important to be able to assess your expected revenue according to print runs in relation to your costs. 

If you're considering a copier lease, please consider JJ Bender.

Cash Flow in Copier Leasing

You have to consider cash flow when you are considering a copier lease. An equipment lease is often the best way to mitigate a tight cash flow in the startup phase of your business. There might just be even more leeway than you think in a copier lease.

Standard Lease

A standard lease typically requires the first and last payment up front, and then equal payments for the term of the lease. The lease term is likely anywhere from 2 to 5 years.

Step Up Lease

A step up lease is sometimes structured around higher priced equipment, such as digital copiers or printers. Payments begin at a very low level and then step up over the course of the lease to a higher, regular payment. The step up lease is designed to help startups receive the latest equipment without adversely impacting cash flow.

Deferred Payment Lease

A deferred payment lease usually offers the lessee a period of time, typically 90 days, before the second payment is due. Therefore, a copier lease might featured a deferred payment to allow a startup business to generate revenue.

There are a variety of options at the end of each of these leases. If you're considering an equipment lease, consider JJ Bender. 

Standard Lease

A standard lease typically requires the first and last payment up front, and then equal payments for the term of the lease. The lease term is likely anywhere from 2 to 5 years.

Step Up Lease

A step up lease is sometimes structured around higher priced equipment, such as digital copiers or printers. Payments begin at a very low level and then step up over the course of the lease to a higher, regular payment. The step up lease is designed to help startups receive the latest equipment without adversely impacting cash flow.

Deferred Payment Lease

A deferred payment lease usually offers the lessee a period of time, typically 90 days, before the second payment is due. Therefore, a copier lease might featured a deferred payment to allow a startup business to generate revenue.

There are a variety of options at the end of each of these leases. If you're considering an equipment lease, consider JJ Bender. 

Benefits of Equipment Leasing

You have worked hard for your money, perhaps it is time your money put in some work for you. In fact,  your money might serve you best if you choose to lease equipment. Here are a few of the benefits of leasing a copier.

Improve Your Cash Flow

Your money is not married to your equipment. That means you have cash on hand for expansion & marketing opportunities, or in a pinch.

Upgrade with the Times

A lease allows you to continually upgrade your fleet or single machine. Lease the latest equipment and wait for the brand new machines to come down in price.

Hold Credit in Reserve

You will retain a line of credit for short-term financing or potential deals.

Tax Benefits

Contrary to loan payments;  lease payments are completely tax deductible.

If you're considering leasing equipment, we hope you'll contact us at JJ Bender, or at our sister company, Graphic Savings Group, which specializes in cash flow management and lease consulting.

Budgeting with Copier Leasing

Copier leasing might be the answer for helping you manage your budget. The cost of office supplies can be a sore subject for many small business owners. While some dismiss it as just the 'cost of doing business,' the smart managers realize that frugal office management can translate into real savings that increase the bottom line. 

Leasing a copier is one way to eliminate a huge portion of your office budget and potential cost liability. The key to creating a budget is having a fixed set of costs. A copier lease allows you to set monthly payments and avoid costly per-click charges. Many copier leases also offer service alternatives to the manufacturer, allowing you to determine how and when you want your equipment serviced.You can eliminate suprises in your monthly bill by eliminating spikes in copier costs.

If you're considering a copier lease, please consider the services of JJ Bender.

Copier Leasing Structure

A copier lease can be structured in a number of ways and the key to a successful lease is arranging the contract to benefit your corporation. If you need to lease a copier, look at maintenance and the cost of supplies first. There are five major ways that a copier lease will be organized.

1. Copier Lease Payment plus the maintenance cost per copy and cost of supplies.

Here all of the costs for maintenance and supplies are in addition to the monthly or quarterly payments on your equipment.

2. All-Inclusive Equipment Lease Payment 

This is a lump sum lease, which means that all of your costs are fixed- great for budgeting.

3. Copier Lease Payment plus the maintenance cost per copy (which includes supplies)

Here, your charges are directly relevant to the number of clicks, or copies, that you make with supplies being a fixed cost.

4. Equipment Lease Payment plus a flat rate for maintenance and supplies

Here your costs are fixed, even if maintenance and supplies are additional. This is a good option for someone who is doing a large volume of copies.

5. Copier Lease Payment plus a flate rate for maintenance (which includes supplies)

Each has benefits, either in the form of controlling costs or budgeting. The key is to assess your needs based on volume. All manufacturers have tables that can give you service estimates according to usage.

If you're looking to lease a copier, please consider JJ Bender. 

Cost Per Copy Leasing

A cost per copy program can be structured exactly like a copier lease, or it can be more informal, working like a month-to-month rental.

Cost per copy programs, otherwise known as cost per print, are available for machines of all sizes. While there isn't a cost per copy program yet for the Xerox iGen3, there are cost per print options on the Xerox 2060 and Xerox DocuColor 12.

The key to determining whether a cost per copy lease is right for you is based on your expected output. If you're looking for a low-cost, supplies-inclusive contract, a cost per copy deal might be the right option. Often the cost of service and supplies are fixed as part of your cost per print arrangement; however, be sure and ask as you don't want to be stuck with a huge bill for toner or parts. You should also ask if there is a base charge for service or. Another question to consider is what happens to the machine at the end of the deal. Do you take ownership of the digital copier? Does it revert back to the vendor?

In the right situation, a cost per print program can be a low cost alternative to owning or leasing a digital copier. If you're considering cost per copy options, please consider talking to JJ Bender.

Copier Leasing and Copier Choices

Looking at all your options before choosing a copier lease

Every company has five main options when looking into leasing a copier. Each has benefits depending on the revenue stream and scale of the business.  Your five main copier options are purchasing, rental, outsourcing, leasing, and a cost-per-copy program.

Purchasing

The best part about purchasing a copier is that you have a tangible asset that you own that depreciates for tax purposes and can be run in whatever fashion you like. This does require capital and the need for advance knowledge of the number of prints you'll be running. This is ideal for someone who knows exactly what they will be running and has the available capital. Most people would consider purchasing a Xerox 2060 or Digimaster 9110.

Outsourcing

This can be the easiest and, at times, most costly option. Here you are simply contracting with a print shop or having your copies run at a office supply store like Staples or Kinkos. This is ideal for someone who is running low volume and might be pricing the cost of printing into the services they are selling.

Rental

Renting a copier can be a great choice for short-term, high demand times. If you run a seasonal business or need a short-term solution because of an unusually high traffic. Rentals can be the most cost effective option. They also can give you the flexiblity of a month-to-month situation. Copier rentals are best when demand is extremely high or uncertain.

Leasing

Copier leasing is a good fit for companies with limited cash flow and the need to continually upgrade technology. If you're a smaller company looking to grow or a start-up, leasing a copier might be the best bet starting out. Many copier leases have purchase options, but more importantly they give companies access to current digital technology without sacrificing resources. Today, you can even lease a Xerox iGen3.

Cost-Per-Copy

The cost-per-copy option is a good route for companies that want a cheap alternative to outsourcing their copy needs, but aren't quite ready to own equipment. It's usually an inclusive deal in which the copier service and supplies are included in the cost-per-copy. A company is only paying for each copy they make. This would be ideal on a machine like the Xerox DocuColor 12.

If you're looking into any of these options or just want more information on leasing a copier, please consider JJ Bender. 

Copier Lease Calculator

If you're looking for a ballpark estimate of what your copier lease might cost, a great place to start is a lease calculator.

The link above takes you to a calculator that will let you figure out your approximate monthly payments based on interest rate and the amounts involved. It lets you factor how many payments you want to make, what the residual amount will be, and the interest rate on your equipment lease. More importantly this lets you know the class of copier you can afford to lease.

You should always have an idea of the costs of a given copier lease because then you can budget accordingly and assess the numbers offered to you by an equipment leasing broker. It's important to be able to assess your expected revenue according to print runs in relation to your costs. 

If you're considering a copier lease, please consider JJ Bender.

The link above takes you to a calculator that will let you figure out your approximate monthly payments based on interest rate and the amounts involved. It lets you factor how many payments you want to make, what the residual amount will be, and the interest rate on your equipment lease. More importantly this lets you know the class of copier you can afford to lease.

You should always have an idea of the costs of a given copier lease because then you can budget accordingly and assess the numbers offered to you by an equipment leasing broker. It's important to be able to assess your expected revenue according to print runs in relation to your costs. 

If you're considering a copier lease, please consider JJ Bender.

Examining the Copier Lease Structure

A copier lease can be structured in a number of ways and the key to a successful lease is arranging the contract to benefit your corporation. If you need to lease a copier, look at maintenance and the cost of supplies first. There are five major ways that a copier lease will be organized.

1. Copier Lease Payment plus the maintenance cost per copy and cost of supplies.

Here all of the costs for maintenance and supplies are in addition to the monthly or quarterly payments on your equipment.

2. All-Inclusive Equipment Lease Payment

This is a lump sum lease, which means that all of your costs are fixed- great for budgeting.

3. Copier Lease Payment plus the maintenance cost per copy (which includes supplies)

Here, your charges are directly relevant to the number of clicks, or copies, that you make with supplies being a fixed cost.

4. Equipment Lease Payment plus a flat rate for maintenance and supplies

Here your costs are fixed, even if maintenance and supplies are additional. This is a good option for someone who is doing a large volume of copies.

5. Copier Lease Payment plus a flate rate for maintenance (which includes supplies)

Each has benefits, either in the form of controlling costs or budgeting. The key is to assess your needs based on volume. All manufacturers have tables that can give you service estimates according to usage.

If you're looking to lease a copier, please consider JJ Bender. 

Copier Leases and Emergency Repairs

Emergency repairs on a copy machine can be a double hit on your bottom line. With your equipment out of service, you can lose valuable time and revenue from jobs that can't be finished. In addition, the cost of hiring a service technician or finding a rush replacement can add up in a hurry. Always know the value of your leased equipment.

Keeping your copier on a service package is standard in most lease agreements. However, you should always know the details of that service, ie. what is the response time of technicians and when are they available to service your machines. That way, you will be prepared to handle any equipment malfunctions without sacrificing profits.

If you're looking to lease a copier, please consider JJ Bender.