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Published July 17, 2024 | Updated July 15, 2026

In today’s rapidly evolving digital landscape, businesses are constantly seeking ways to keep technology up to date and stay competitive without overstretching their budgets. A survey involving more than 3,000 companies has revealed crucial data about the growing interest in technology leasing solutions. Here’s a breakdown of what businesses are saying and how technology leasing can be a game-changer for your organization.

Key Findings From the Survey

 

  1. Strong interest in payment options. 80% of small businesses indicated that they would be more likely to invest in new technology if offered a viable payment option. This suggests a strong market demand for flexible purchasing solutions.
  2. Leasing as a CapEx alternative. Half of mid-sized and large companies are open to leasing solutions as an effective strategy to manage capital expenditures, especially in times of financial restraint.
  3. Significant upgrade requirements. 90% of mid-sized and large companies reported significant information technology upgrade needs. This reflects the ongoing need for modernization following the surge in IT investments during the pandemic.
  4. Rising interest in as-a-service. 70% of companies acknowledge that the shift towards as-a-service models has spurred their interest in payment plans for technology hardware, preferring operational expenditure over large one-time investments.
  5. Lack of payment options offered. Surprisingly, only 20% of survey respondents recall being offered a payment option by their technology equipment providers, indicating a gap in the market that leasing companies can fill.

Why Consider Technology Leasing?

Technology leasing offers several advantages that can help businesses manage their financial resources more efficiently while staying up to date. It allows companies to avoid large upfront costs, preserve credit lines, and adapt to technology changes without excess financial risk. Additionally, leasing agreements often include maintenance and upgrades, ensuring that businesses always have access to the latest technology.

Don’t let budget constraints hold your customers back.

To discuss more ways financing can help you drive bigger sales that close faster, fill out the form below, and a dedicated LEAF Account Champion will contact you shortly.