IT Leasing FAQ's

Below are some of the questions most frequently asked about C-MI Leasing:

Q. Why should I use C-MI Leasing rather than buy my computer system outright?

A. With C-MI Leasing you don't have to outlay valuable capital that could be better used elsewhere. It is based on fixed, regular payment, monthly, quarterly or annually, so planning and budgeting are easier. Simply pay for your system as it works for you - in much the same way as you pay your employees.

Q. Wouldn't a loan make more sense?

A. By taking out a loan to acquire your computer system, you immediately face two drawbacks:
First, a loan reduces the availability of credit in the future. C-MI Leasing provides an additional line of credit - and you don't need any additional security; Secondly, a loan reduces your flexibility to keep pace with technology. With C-MI Leasing you have a finance solution that allows you to upgrade your system as and when you choose.

Q. Why should I rent, when I am cash rich ?

A. All rentals are tax-deductible, therefore apart from the cash flow benefit; you will spend, net of tax, less than the capital outlay over 3 years.

Q. What are my options after the lease term?

A. You have three options once the lease term is up:
1) Terminate your lease and return the equipment to us.
2) Continue to rent the equipment for a nominal annual amount.
3) Nominate another company who will buy the equipment from us.