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Expert Cloud Financing Via Technology Leasing - Canadian IT Computing Fresh Perspectives
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| Guest post by: Stan Prokop |
Article Overview: Information on technology leasing benefits for Canadian firms considering cloud financing and IT computing strategies for growth and financial benefits.
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Expert Cloud Financing Via Technology Leasing - Canadian IT Computing Fresh Perspectives
Wow. Cloud
financing and IT Computing. Seems a little bit difficult to understand
sometimes, right? However, the more we
thought about it the more it made sense; and we think we actually were talking
about these stuff years before others. That’s because one of the best analogies
we've used for over 15 years perhaps revolves around the light bulb.
Let’s explain. When you're looking to purchase electricity
is your main concern owning the light bulb? We don’t think so, and talk about a
depreciating asset!
So that's cloud computing in a layman’s nutshell,
the ability to access it computing resources as a service.
And it always comes back to time and money right? Canadian
business owners and financial mangers get the fact that saving thousands of
dollars via technology leasing makes sense - and don’t forget about your
ability to divert time and resources into that one miscellaneous issue, running
your business!
So that’s cloud financing... using the power of the
internet to use software and hardware... that you need... when you need it.
Technology leasing has always made sense, because
computing assets are costly, and, oh yes, they seem to change once a week or so!
So let’s examine some of those significant aspects
to cloud financing via tech lease strategies.
More often than not its always about the money, and
the fact that you can leverage a large amount of hardware and software
resources on a much more modest investment than outright purchase is a great
reason to take advantage of ' the cloud'
Financial benefits of a tech finance solution to the
cloud are pretty fundamental, less power and space requirements and the fact
that your IT budgets won’t be continually faced with hardware and software
upgrade cost requirements.
Canadian business owners, financial manager and IT
mangers would prefer to pay for what they use, and not what they are told they
might need. So lower monthly payments via a tech finance lease make total
sense.
It's of course not always possible to determine what
those future tech finance requirements might be, so Thats where scalability
comes in, your ability to add computing
power, additional software licenses for your users, etc.
We don’t even want to think of the time, planning,
and budget approvals involved in a lot of aspects of IT computing and
technology leasing strategies. Safe to say that the deployment of these decisions
happens much faster in a cloud environment.
And staff can of course access these offerings anywhere because... well,
it’s the internet!
The bottom line is that cloud financing has great
attractiveness to Canadian firms. Less up front investment, the ability to expense the transaction in the
manner of an operating lease expense and the classic upgrade abilities of
technology leasing make cloud financing a ' must check into ' for almost all
Canadian firms we think.
Speak to an experienced, trusted, and credible
technology financing Canadian busines financing advisor who can structure a
tech lease offering that makes sense for your firm.
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About the Author: Stan Prokop RSS for Stan's articles - Visit Stan's website Stan Prokop is the founder of 7 Park Avenue Financial . The firm specializes in business financing for Canadian companies in the areas of working capital , asset based lending, SR & ED tax credit financing, equipment financing, franchise financing and banking .
Click here to visit Stan's website Why Asset Finance aka Asset Based Lending is the Ultimate Working Capital Financing Solution to your Business Challenges Film And Animation Project Finance Its A Mad Mad World Without The Canadian Film Tax Credits Options on Financing a business via P O Financing and Inventory financing Can ABL Finance Eliminate Sleepless Nights Heres How An Asset Based Lending Business Line Of Credit Can Help Consumer and Vendor Finance Programs for HVAC Industry |
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