Leasing instead of borrowing
To keep cash flow healthy, especially in the current uncertain times, a large investment is not always possible. The government offers bridging credit, but a faster solution can be leasing: you pay a fixed amount per month for a pre-agreed period and thus retain your available credit space.
Predictable cash flow
For the financial department, leasing can also be nice, because the costs are predictable. Unlike purchasing materials, where there is no insight into when to make the next investment, leasing depreciates the same amount each month. By the way, it is smart to include the financial department in the leasing considerations, because leasing is seen as operating costs (OPEX) and purchase is seen as a capital investment (CAPEX). The approval procedures for operating costs are often more accessible than for capital investments.
Easy to scale
If you need more materials to expand your team, for example, it is often quick and easy to add.
