Lab Safety Equipment
- Leasing eliminates the upfront cost of buying equipment, enabling you to make payments over time
- Payments may be 100% tax deductible*, yielding you significant cash-savings
- It costs less to lease through our program than to purchase outright
- Our comprehensive repair coverage minimizes your lab’s downtime
- We handle and streamline the admin work associated with instrument procurement and maintenance
- With the capital saved through our program, labs are better able 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 lab safety equipment leasing can save you money and time.
All equipment brands/models are available
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Laboratory safety is paramount. Equipping yourself with proper knowledge of OSHA rules, implementing industry best practices, and acquiring laboratory safety equipment that ensures the protection of yourself and those around you are cornerstones of a safe working environment. These steps can prevent accidents in the laboratory that lead to staff injury and exposure, damaged equipment, or contaminated research. Unfortunately, it’s possible that failure to adhere to safety guidelines could result in a worker being injured or a piece of equipment needing to be replaced. Or even worse, you could incur regulatory fines or lab accreditation concerns. Although laboratory safety rules are constantly evolving, some equipment will always be essential to lab safety.
There’s a long list of things you can do on your own that will help prevent any accidents. Avoid skin and eye contact with all chemicals, observe good housekeeping procedures, and always wear personal protective equipment. Understand how to use eyewash stations and know the locations of all laboratory safety showers and fire extinguishers. These basic rules provide a standard for behavior and safety, but don’t cover everything. Laboratories that deal with potentially dangerous and hazardous materials will need to acquire the correct equipment in order to function properly.
However, lab safety equipment can be costly. Here at Excedr, we offer operating leases that free up much-needed capital by providing you with expensive lab safety equipment for a fraction of the up-front cost. These leases also include repair and maintenance services, ensuring reduced downtime at the lab. Being able to equip your facility with proper safety machines like BSCs will save your company money and time, helping prevent costs due to accidents such as injury and exposure.
Laboratory Protective Equipment
We Offer Laboratory Protective Equipment Leases to Fit Every Need
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.