Technology Financing Support
One critical, though often overlooked, component of managing technology lifecycles is the financing decisions that support them.
At MCPc, we are available to consult with, and assist our clients in navigating the technology procurement process including assessing their financing options. Since MCPc is not a bank or a leasing company, we bring a completely neutral perspective to the consultation.
Our goal is to help our clients achieve the
maximum value for their dollar on each technology lifecycle project.
Technology Financing Options
By analyzing the financing decisions, accounting statements, and potential depreciation of your technology assets, you can minimize unnecessary expenses. There are fundamental differences; and therefore, advantages and disadvantages to various financing options. Some common options include:
- Outright purchase – you assume full ownership
- Capital lease – you assume some of the risks of ownership
- Operating lease – only the right to use the technology is transferred
- Pay-per-use – typically attributed to software as a service (SaaS) and copier/printer technology refresh projects
MCPc works with your organization to determine the best financing option based on your business needs and available financing.
Visit our blog for more information on your
technology financing options.