- Eliminates the upfront cost of purchasing equipment by diffusing its cost over time
- Payments may be 100% tax deductible*, which provides you significant cash-savings
- Leasing through Excedr costs less than buying the equipment outright
- Offers convenient repair coverage to keep your lab’s downtime to a minimum
- We deal with and expedite the administrative work needed for instrument procurement and maintenance
- The money saved with our leasing program, clients are more capable to reinvest in their core business and operations (staffing, inventory, marketing/sales, etc.)
*Please consult your tax advisor to determine the full tax implications of leasing equipment.
Whichever method or setup you need, the Excedr lease program is equipped to handle any and all device requests that your lab has. Contact us today to learn how biotech/life science equipment leasing can save you money and time.
All equipment brands/models are available
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Biotechnology is a life science field of study that looks at the intersection of technology and biology. Due to its broad definition, it overlaps with related fields such as bioengineering, pharmaceutical drug discovery, and even genetically modified foods. However, it should not be confused with gene editing, even though they are also related. Though the term “biotechnology” was coined in the early 20th century, humans have been applying technological advances in order to mold living organisms for centuries. For example, domesticating animals and brewing beer are some of the earliest applications of biotech.
Today, this life science field of study continues to push scientific advances forward by using the latest technological findings to improve our everyday lives. Biotechnology has seen a recent boom as advances in the tech sector have allowed for more complex computing power for these analytical devices. For example, artificial intelligence is beginning to find its way into drug and vaccine discovery, allowing for faster results and more advanced testing methods.
Industry biotech and life science fields are growing, and they do not appear to be stopping anytime soon. Biotech related devices are as varied as their applications and are often incredibly specialized. Researchers often model their entire work around one type of device and without it their work could not continue. Acquiring the exact device that your lab needs should not be limited by the price to purchase that equipment. Contact us today and learn more about how our leasing program saves you both time and money.
Lease Any Biotech/ Life Sciences Equipment That Suits Your Needs
This off-balance sheet financing structure provides three options at the end of the term. The lessee has the option to return the equipment to the lessor, renew at a discounted rate, or purchase the instrument for the fair market value. Monthly payments are also 100% tax deductible which yields additional monetary savings.
If you recently bought equipment, Excedr can offer you cash for your device and convert your purchase into a long-term rental. This is called a sale-leaseback. If you’ve paid for equipment within the last ninety days, we can help you recoup your investment and allow you to make low monthly payments. This also frees up money in your budget rather than tying it down to a fixed asset.
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Effect on Credit & Operating Capital
Leasing/renting does not hinder your future borrowing ability and allows you to keep your business credit line open for expansions, staffing, and other operational expenses. Additionally, it strengthens the cash flow of your business and keeps cash reserves free for business development opportunities.
Unlike traditional financing and leasing companies, the Excedr program can accommodate refurbished/reconditioned equipment in addition to demo units. If you are looking for additional cost-savings, we recommend considering this option.
Speed of Approval
Excedr’s program allows you to respond quickly as your need for equipment and technology arises. You can be approved with minimal documentation and have the equipment you need in operation and generating revenue for your business quickly.