Excedr’s Equipment Leasing & Rental Solutions

Excedr Equipment Leasing & Rental Solutions

Excedr’s Equipment Leasing & Rental Solutions Help Businesses of All Sizes:

  • Outfit new or existing lab space with new and refurbished lab equipment
  • Procure equipment from the manufacturer of your choice
  • Eliminate the upfront costs of purchasing equipment by spreading cost out over time
  • Minimize unforeseen equipment downtime through comprehensive repair coverage and preventive maintenance
  • Take advantage of potentially 100% tax deductible* payments, providing you with significant cash-savings
  • Expedite the administrative work needed for instrument procurement and logistics
  • Conserve working capital, enabling you to reinvest in your core business and operations (staffing, inventory, marketing/sales, etc.)

*Please consult your tax advisor to determine the full tax implications of leasing equipment.

Equipment Financing for Startups, Middle Market, & Enterprise Companies

Equipment leasing and financing needs can vary, depending on your company’s needs. However, whether you’re a small business, middle market, or big business company, Excedr’s equipment leasing options can help you preserve working capital while accessing the latest technology available on the market. 

Our leasing program supports business owners in numerous industries as well, from life sciences and healthcare to manufacturing, food science, and renewable energy. Whatever type of equipment you’re interested in, chances are we can help you acquire it.

Besides Excedr’s leasing program, some of our other equipment solutions include outfitting new or existing lab space, providing access to refurbished equipment when leasing new equipment isn’t financially feasible, and connecting labs that have unused equipment with resellers that will take the equipment off their hands for cash.

Furthermore, we cover the differences between lab equipment rentals and leases and whether it’s smarter to buy used equipment or lease instead. 

While rentals and leases are very similar, what differentiates our leases from rentals is the period of time you have the equipment for. Short-term rentals of scientific laboratory equipment are uncommon because the instruments are generally highly customized by the manufacturer for the end-user’s specific needs. Instead of renting the machine for the short term, consider leasing.

Sometimes renting equipment for a short period of time can make sense for your laboratory. However, it might not be the best choice. While buying a pre-owned instrument can seem cost-effective and simple, it’s important to consider the quality of the specific used equipment before you finalize the purchase.

No matter what decision you make, we’re here to help. Because our lease terms are flexible, you won’t be staring down huge down payments or exorbitant service fees, making it easy to acquire equipment in multiple ways. This is because leasing isn’t the same as getting a loan from a commercial bank. We’re able to structure our leases with more flexibility than banks are willing to offer.

Read on to learn more about all of our equipment leasing and rental solutions, as well as the pros and cons of short-term vs. long-term rentals and buying used vs. leasing new or refurbished.

Solutions for Equipment Procurement & Lab Space Outfitting

Laboratory Outfitting

Need to outfit a new space? If you’re launching, or planning to launch, a new laboratory, you will need multiple pieces of instrumentation to get started. However, acquiring all of the necessary equipment, whether it’s common or specialized, can be challenging. It can also cost you a lot of money.

Learn More About Lab Outfitting

Lab Equipment Rentals

Renting Versus Leasing Scientific Instruments. If you’re thinking of renting lab equipment, it’s important to know how long you’ll need to use the instrumentation. If you need the equipment for two years or longer, consider Excedr’s lease program. We offer long-term lease options between 2 and 6 years.  

Learn More About Lab Equipment Rentals

Refurbished Equipment Leases

Refurbished Scientific Instruments from a Third-Party Vendor. Used scientific equipment can be refurbished either by a third party or by the manufacturer themselves. When buying equipment from a third party, it’s important to conduct due diligence on the seller. 

Learn More About Refurbished Equipment

Buying Used Equipment vs. Leasing

Acquiring used laboratory equipment can be an easy way to access scientific instrumentation you need at a fraction of the cost compared to buying new. 

Learn More About Buying Used Equipment vs. Leasing

Excedr’s Leasing Program Benefits

Operating Lease

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.

Sale-Leaseback

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.

Operating Capital Benefits

Operating Capital Benefits

Excedr's operating lease structure 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.

Effects on Credit

Effects on Credit

Leasing / renting provides you with non-dilutive financing and does not hinder your future borrowing ability. You're able to acquire the equipment you need without the baggage associated with traditional financing.

Used Equipment

Used Equipment

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

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.