What to Know about Commercial Washer and Dryer Leasing

To successfully manage a facility or commercial property, you need the right equipment. Commercial washer and dryer units are essential to the daily operations of many businesses, such as a gym, a hotel, or a laundromat.

Traditionally, businesses will buy commercial washer and dryer units. However, many commercial property managers today prefer a commercial washer and dryer leasing because this option offers several benefits.

Read this article to find out the benefits of leasing commercial washer and dryer units and how to find the right leasing company.

Benefits to Commercial Washer and Dryer Leasing

Leasing commercial washer and dryer units provide your business with several benefits that may otherwise be inaccessible to property managers who purchase the equipment. 

The Upfront Cost is Relatively Low

Leasing allows you to access the equipment you need without a large upfront payment, which frees up cash for other essential business expenses, such as expansion or marketing.

Leasing Offers Flexible Terms

You can upgrade leased commercial washer and dryer units to newer models more easily than the equipment you own. 

Maintenance/Repair is Easy to Maintain

Many leasing agreements include maintenance and repair services, saving you time and money on upkeep.

You Get Tax Benefits

In some cases, business expenses related to leased commercial washer and dryer units are tax deductible.

Leasing Makes it Easier to Budget

Leasing allows you to budget for predictable monthly payments rather than having to save up for a large upfront purchase.

You can Obtain Financing More Easily

Financiers are more likely to lend business owners funds for leasing, rather than purchasing, commercial machine units.

For these reasons, an increasing number of facility managers have found that leasing commercial washer and dryer units makes more sense for their business than purchasing the equipment. 

A Quick Guide for Commercial Washer and Dryer Leasing

Once you determine that leasing these units is your business’s best option, the next step is identifying the right company to lease the units from. Here are the steps to commercial washer and dryer units.

Define Your Needs

Consider the size and capacity of the washers and dryers you need, as well as any additional features or capabilities you may require.

Research Leasing Companies

Look for companies that specialize in commercial washer and dryer units. Read reviews and compare prices and terms to find the best option for your business.

Negotiate Leasing Terms

Once you identify the right company, negotiate favorable terms, including the price of the equipment, the length of the lease, and any repair or maintenance services included.

Review the Fine Print

Be sure to carefully read and understand the lease agreement terms, such as any early termination fees and upgrading to newer models.

Keep Track of Payments

Budget accordingly and make your monthly lease payments on time.

By following these steps, you can make an informed decision on whether leasing units is the right choice for your business.

Technology-Driven Laundry Solutions

For many businesses, leasing provides more benefits than purchasing the equipment. Contact FMB Laundry to request a quote and learn more about leasing commercial washer and dryer units.