Today’s economy has caused companies to limit their spending and look for ways to
cut overhead. This approach can sometimes lead to a cut in technology spending,
which can be an area within a company that can drive profit if properly utilized
and integrated into your business processes. As the economy comes out of its downturn,
properly positioning your business will help ensure you maintain your leadership position,
or become a leader if not already one.
Ascent Solutions has the following options available to assist you:
- 12/24/36/48 Month Dollar Buy-Out Lease Program:
This option transfers the ownership of the equipment to you at the end of the
lease term, usually for $1, or another nominal amount agreed upon at the time
of the lease. The lease payments must be deducted as a capital expense (depreciable asset).
This option protects your cash reserves, helps you manage your cash flow and simplifies
budgeting with fixed monthly payments.
This option is
best for equipment that you intend to keep more than 5 years.
- Fair Market Value Lease Programs:
This option offers you the lowest monthly payment available. The payments may be tax
deductible*. At the end of the lease term, you may return the equipment or purchase it for
its Fair Market Value. If you do not wish to purchase the equipment for the price you are
quoted, you are under no obligation to purchase it.
This
option is best if you plan to refresh your technology in 3 years or less.
- Custom 90-Day Ascent Solutions Payment Plans:
Ascent Solutions offers its clients the valuable option of in-house, interest-free payment plans. This
plan is best for customers who wish to purchase equipment on a 90-day payment plan versus lease it
on a longer term contract. 1/3 of the total invoice is due up front, 1/3 to be paid at 60 days, and
the 1/3 final payment to be made at 90 days.
- Technology Refresh Programs
This program is best for customers with longer term leases. This option recognizes that technology is
constantly evolving, and with that evolution, comes the fact that oftentimes, technology is quickly
obsolete. This plan allows customers to upgrade their systems, forgiving original leases and renewing
leases on the newer technology.
To take advantage of these options please contact us by filling out the following form or calling us at 877.739.5566.
*Always consult your tax advisor