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Coastside Networking offers leasing of used Cisco and used Juniper Networks hardware through its affiliations. Not all leasing companies are willing to offer leasing of used hardware. (Check our refurbishment process, our warranty, and our payment methods for used Cisco & Juniper.) Leasing defined: A lease is a contractual agreement in which a leasing company (lessor) gives the customer (lessee) the right to use its equipment for a specified length of time (lease term payment (usually monthly).Depending on the lease structure, at the end of the lease, the customer can either purchase the equipment, return the equipment, or continue leasing the equipment. Who is eligible for leasing? Leasing for used Cisco and used Juniper Networks is done by a variety of business types. It is not confined to large corporations but other business types engage in leasing-sole proprietorships, corporations, non-profits, partnerships, and religious organizations are all eligible for a wide variety of leasing plans. What kind of equipment is eligible? We offer leasing for both used/refurbished Cisco and used/ refurbished Juniper hardware. There are leasing companies that will only consider new/sealed hardware for lease but we offer it on used hardware as well. A variety of hard and soft costs are eligible for leasing. Not only is hardware eligible but training, maintenance, installation, support as well as taxes can all be included on a lease. Who do we use for leasing? We offer used Cisco and used Juniper Networks leasing through Technology Leasing Corporation of San Jose, California. If you prefer additional quotes, we can provide names of other leasing companies. What are the different types of leases? There are 2 types of leases as follows: Fair Market Value (FMV): This plan offers the lowest monthly payment; however, the leaseholder has the option to purchase the equipment at the end of the lease for its fair market value. Since the equipment remains the property of the leasing company, the lease payments may be tax deductible (consult a tax attorney before entering into any lease) and neither the assets nor corresponding liability needs to appear on your balance sheet. Dollar Buyout Lease: This type of lease offers the option of purchasing the equipment outright at the end of the lease for a dollar (however, client pays a fixed amount over term of the lease). The following links are offered to help in leasing decisions:
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