PASADENA, CA, March 06, 2011 (Press-News.org) The question has always been to lease or buy and Synergy Medical Corporation solves this problem. Since there is no large lump sum or deposit required for entering into a rental agreement or operating lease for depreciating assets, such as technology, medical equipment, yellow metals and most machinery, leasing frees up capital that can be used for profit-generating pursuits and investments. It allows companies to purchase the equipment they need today but spread the payment across its useful life in their businesses. This approach can also prove very cost-effective because the periodic rental payments the company makes will usually be fixed for the term of the contract.
So, instead of spending money to buy equipment, many companies have reverted back to outsourcing using third party equipment distributors. Renting is tax deductible and allows for the use of new equipment without sacrificing profit margins. Purchased equipment might not be utilized enough throughout the fiscal year to justify the purchase(s) and products are
often viewed as a variable expense that affects bottom line financials. Many companies prefer to retain their cash rather than make a capital investment into a high-priced product, and those who do, usually see the key benefits to renting their equipment and reducing their operating expenses. Renting equipment is a very attractive option for businesses of all sizes.
As corporations begin to further tighten the reins on their baseline expenses, there are companies providing the solution that can help reduce a company's financial risks, free up much needed capital and help eliminate the "hidden" costs associated with purchases. Leasing companies also provide the option to purchase the equipment at current market value at the end of the lease, and they can set up easier and more flexible payment method that can depend both on the use and from revenues generated by the equipment.
Bringing expensive gear on line becomes much more palatable to corporate controllers when they understand that the company can reallocate the cost. Rather than dealing with a fixed capital expense showing up on your P & L (with the added cost of depreciation), renting is an expense only. Furthermore, corporate concerns about upgrade problems associated with a
product becoming obsolete are mitigated by the fact that the company is not keeping the equipment long-term. And they can save their working capital as well as lines of credit. And there are benefits including higher tax savings if the equipment is leased in the United States.
There are many types of medical equipment available for lease at Synergy Medical Corporation: MRI scanners, ultrasound equipment, anesthesia machines, patient monitoring, Zeiss, AccuScope, DRE, and Leica microscopes, surgical headlights, lead aprons and even surgical table accessories.
More information on zeiss microscopes, and surgical medical equipment: http://www.synergymedcorp.com
Synergy Medical Corporation Solves Equipment Dilemma
Instead of spending money buying equipment, many companies have reverted back to outsourcing using third party equipment distributors. Renting is tax deductible and allows for the use of new equipment without sacrificing profit margins.
2011-03-06
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[Press-News.org] Synergy Medical Corporation Solves Equipment DilemmaInstead of spending money buying equipment, many companies have reverted back to outsourcing using third party equipment distributors. Renting is tax deductible and allows for the use of new equipment without sacrificing profit margins.