How Lab Safety Equipment Works & How We Save You Time & Money
Here are the advantages of Excedr’s laboratory safety equipment leasing program:
- Leasing eliminates the upfront cost of buying equipment by enabling you to make payments over time
- Payments may be 100% tax deductible*, which yields 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.)
- All equipment brands / models are available.
*Please consult your tax advisor to determine the full tax implications of leasing equipment.
Understanding This Field of Study:
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.
Working in a laboratory setting can be extremely dangerous without proper precautions. Depending on your type of research or work, scientists may be exposed to toxic and harmful substances. Biosafety cabinets (BSC) are a type of ventilated enclosure meant to protect laboratory workers and the surrounding environment.
In many laboratory settings, scientists often work with materials that are dangerous to handle. Specifically, certain chemicals and substances give off hazardous fumes. Laboratory fume hoods are safety equipment meant to protect laboratory workers by limiting their exposure to toxic vapors.
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.