|
|
Like this article? PLEASE +1 it! |
|
How To Benefit from IT Technology Financing From a Laptop To Your Server Farm !
|
| Guest post by: Stan Prokop |
Article Overview: Information on technology IT financing, what is the real benefit of properly constructed tech finance strategies whether its for one laptop or your entire server farm !
![]() |
Free Download - Can ABL Financing Be Your Business Finance Peace Of Mind ? Getting Comfortable With A Revolving Credit Facility By Stan Prokop |
How To Benefit from IT Technology Financing From a Laptop To Your Server Farm !
The greatest obstacle you have in realizing IT technology financing benefits its balancing your largest obstacles to innovation - cost and obsolescence.
From one laptop to your server farm and cloud computing its a constant risk and challenge to balance the investments you make in technology and computer against your cash outflows and the need to constantly upgrade to stay competitive .
Many traditional financing options are available to meet your tech finance needs, but where we think you really attain maximum benefits with lowest risk is in highly specialized areas such as off balance sheet financing and residual risk partnering and sharing.
Should you be financing your technology or buying it. The age old adage in equipment financing, whether it be technology IT financing or plant equipment leases is that if it appreciates, buy it, if it depreciates, lease it!
We can categorically assure you that the largest, smartest, most cash rich, and successful companies utilize the benefits of lease finance, whether it's one laptop, a fleet of laptops, or a server farm upgrade. (A server farm is simply a group of computers in a data center that run your business data - for reasons of balance usage, scale and security).
The most sophisticated approach to technology IT financing in the past has been the use of off balance sheet leases - these still are a very cost effective way of running your tech finance programs. The challenge is working with the right partner that allows you fairly, and seamlessly, to invoke your three rights as a lessee under this lease. Those rights are the ability to purchase when you want, upgrade, or return. Extending also plays into those rights - for example - you enter into a 36 mo fmv lease with the option of returning, but you need to use the equipment 5 more months, perhaps for a special project, or to run a new system in parallel, etc .
Fortunately, or unfortunately, depending on what side of the fence you are on a lot of the pure tax and accounting treatment historically recognized by FMV ( fair market value ) type finance are going away with new internationally accepted accountant standards changes . However, let's be clear on this - your ability to secure lower payments, plus invoke your 3 rights under the benefits of IT operating lease financing still favor you, the lessee.
Speak to a trusted, credible, and experienced Canadian business financing advisor in the area of IT financing - whether it's your server farm, 1 laptop, or 2000 laptops your financial decisions may save or impact your firm thousands of dollars.
|
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 Avoid Missing Out On Finance For Lease Benefits When You Choose The Right Leasing Company Inventory Loans and Purchase Order Loans How does Inventory Financing Work in Canada Get A Cash Flow Solution In Place For Working Capital Financing Your 2011 New Year Resolution Not Considering Sred Tax Credit Financing Could Be Costly Asset Based Lines Of Credit Canadian Solutions |
Related Forum Posts
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Attracting Passionate Employees
Rumor Has It
How do you keep it together on a daily basis?
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.



