Concerned about the cash flow of your business right now?
Whether you’re struggling with limited cash reserves, high-interest rates, reduced access to credit, or intense competition, leasing rather than buying your devices can provide much-needed financial relief in tight markets.
By offering extended hardware warranties and flexible end-of-lease options, as well as transforming high-cost capital expenditure into predictable and manageable operational expenditure, Mac leasing aids smoother cash flow management.
In short, device leasing gives businesses more support with staying on top of their everyday running costs, like paying wages, making supplier payments, and meeting tax obligations, helping to prevent the company from entering financial distress.
How leasing devices support cash flow management
Limited upfront costs
When it comes to buying versus leasing Macs – the difference in upfront costs is clear – especially with some of the latest Mac devices costing upwards of £1,699 each.
Multiply this by the number of staff your business employs and add the cost of essential accessories (such as keyboards and monitors, etc.) and suddenly you could be left with a substantial bill of tens or even hundreds of thousands of pounds.
Spending this much money at once can be a big financial struggle for smaller or scaling businesses, significantly impacting their cash flow, while it can put larger companies in a strategically weaker financial position by locking their capital into depreciating assets.
Plus, unlike the automotive leasing industry where the initial costs or “deposit” required for leasing a car can be significant, the upfront costs for leasing Apple Mac devices are minimal.
Most Mac leasing providers offer deals with either low deposits or no deposit at all. At Lease Loop, we have a range of funders. Most don’t require any upfront fees and the equipment is delivered prior to any money leaving our clients bank account. Only one funder in our panel requires the first month and their documentation fee paid upfront prior to delivery.
Fixed, affordable, and predictable monthly payments
Alongside the limited upfront costs, the ongoing costs of leasing are designed to be fixed and predictable to help businesses stay on top of their everyday operational expenses.
Allowing for complete transparency and improved cash flow management, these weekly or monthly payments are set at the beginning of the lease term and generally do not change until the end of the lease period.
This allows internal financial teams to forecast expenses for the next two to three years more accurately, helping to prevent unexpected financial strain and support the overall success of the business.
Not to mention, by breaking the cost of using these Apple devices into monthly payments over a period of several years, leasing is a far more affordable solution for kitting out the office.
At Lease Loop, for example, if you’re looking for a new suite of MacBook Pro machines for your team, you can secure the 14” MacBook Pro with Apple M5 chip, 16GB RAM, and 1TB storage from just £13.70 per week plus VAT.
Flexible, end-of-lease options
Another way to support companies with their cash flow management is by offering flexible, end-of-lease options that give them greater control over their finances. While not every Mac device lease provider offers these arrangements, Lease Loop does.
Our team understands that your financial circumstances as a business can change quickly – whether you’ve received a large tax bill, had a change in your credit accessibility, or a seasonal dip in trade has impacted your profits.
That’s why we build flexibility as standard into our leasing solutions. Across our two solutions Flex and Flexscription we offer customers a variety of options. On our Flex customers can retain the Mac from as little as £1 + VAT whereas on our Flexscription model everything is geared to returning the Mac at the end of the primary lease period. If a customer changes their mind, it does not matter. They are presented with four fully costed, transparent options from entering a rolling monthly contract, extending the lease by 12 or 24 months and retaining the equipment at the end or paying a one off final payment to retain the equipment.
Minimised repair costs
Typically, when you purchase an Apple Mac in the UK as a business, it comes with a 12-month manufacturer’s hardware warranty as standard. Leasing this device from Lease Loop, on the other hand, means you’ll benefit from a reassuring 3-year hardware warranty.
This means any hardware issues that occur during this extended period (such as faulty ports or motherboard failure) will either be repaired or the device replaced entirely.
At the same time, we’ll ensure minimal disruption to your business operations by providing you with a temporary loan machine while your original device is being repaired.
However, it’s important to bear in mind that this hardware warranty doesn’t cover accidental damage, so taking out relevant insurance is always a mandatory device-leasing requirement.
Strategic cash flow management with Lease Loop
Here at Lease Loop, our team want to help your business take that next step by giving you access to predictable, flexible, and affordable Mac leasing solutions.
With minimal upfront costs and no hidden fees to navigate, we aim to make cash flow management simple and strategic, supporting you with moving the business into a stronger financial position and retaining the capital needed for faster growth.
Looking for more reasons to work with Lease Loop? Between the 24/7 AppleCare support, 3-year hardware warranties, and flexible upgrade options, there’s plenty of reasons to explore our Mac leasing solutions.
To find out more about our lease offers or to discuss your company’s specific tech needs with our team, please don’t hesitate to give us a call today on 01952876928.
Alternatively, you can also get in touch by emailing your enquiry to sales@leaseloop.co or filling in our online contact form.