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NewAge Leasing Program

NewAge Technology Solutions offers a flexible term IT Equipment Lease program tailored to the needs of our customers. Whether you are looking for a short term lease to test the performance of a server or the throughput of a switch, or a longer term lease, NewAge offers lease contracts as short as 12 months and as long as 60 months. We also offer a traditional lease with the option to purchase.

Over the years, in speaking with our customers, we have noticed several recurring themes which have manifested in discussions regarding the benefits of leasing as opposed to the benefits of purchasing IT Equipment. The top ranked reasons for leasing are listed below.

Leasing equipment increases an organization's operational cash flow - Leases rarely require initial down payments. Loans to finance the purchase of equipment typically require down payments of up to 25% or more. In an age of where tight credit markets prevail, leasing will allow many businesses to increase cash flow and to better negotiate such uncertain financial times.

Equipment leases are often easier to finance than purchases - This is a great benefit to new business since banks typically require two to three years of financial records prior to extending a capital equipment loan, and perhaps more in the current lending environment. Leasing on the other hand, usually requires only six months to one year of credit history to receive lease application approval.

Leasing equipment can improve the technology half-life curve- Most technology has an optimal application life of 2-4 years. A short term lease allows an organization to maintain peak performance utilizing the latest technology.

Leasing could possibly benefit your balance sheet - Depending on the type of agreement you have, you may be able to exclude some leased assets and related obligations from your balance sheet. Such moves might improve financial indicators such as debt-to-equity ratio or earnings-to-fixed-assets ratio.

If you would like more information on an IT Equipment Lease

please contact our leasing department at 1.973.248.8899 or send an email for our current leasing program terms to leasing@newageworks.com

Allow us to assist you in saving

30-70% on your next Lease Contract



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