Manage your business cash flow and capital expenditures.

Keep the balance sheet “lean and trimmed.”

Maintain healthy financial ratios.

Reduce the uncertainties of the cyclical nature of the industry.

Protect against equipment obsolescence

Manage the requirements of scalable test capacity.

Capital Lease/Finance Lease:  A payment plan that allows you to own test equipment while stretching your payment(s) over time. The title is transferred at the end of the term. This helps you conserve cash and capital expenditure, while also providing you with tax-deductible depreciation and interest expenses.

Operating Lease/Fair Market Value (FMV) Lease:  A payment plan—similar in nature to a rental arrangement—that gives you the benefits of new technology or required test capacity without the risk of ownership or the need for a huge initial capital outlay. Flexible end-of-term options are available, such as return, extension, and buyout options. Plus, the equipment is kept “off-balance sheet,” and lease payments are treated as expenses.

Competitive Edge
Leasing helps you stay on the leading edge of technology. By leasing rather than buying your equipment, you pay for the equipment only as long as it is useful to you. You are able to acquire the latest technology without the risk of ownership. You can easily return, upgrade, or add to your equipment to stay ahead of the competition. You have the flexibility to respond quickly to new opportunities. Leasing reduces the risks of equipment obsolescence and the costly expense of disposing of your equipment when you are ready to move on. Leasing gives you the flexibility to maintain a competitive edge.

Lower Cost of Ownership
With leasing, you can afford a more complete solution, while paying little or no upfront costs. You pay only for the use of the equipment, allowing you to realize considerable savings compared to an outright purchase. By paying for equipment over time, you are hedging against inflation. You acquire equipment at today's prices and pay for it with tomorrow's cheaper dollars. Financing also helps you reduce the costs associated with the disposal of your equipment. Leasing provides an overall lower lifecycle cost of ownership with minimal upfront costs, payments over time for only the useful life of the equipment, and avoidance of the end-of-life costs of disposal.

Flexibility
Leasing represents flexibility to meet your business needs in several different ways. First, different payment structures can be tailored to fit your specific needs and better match expenses to revenue streams. Secondly, your lease can be structured to include software and services and modified to include additions and upgrades as your business needs change. With flexible end-of-term options such as extend month-to-month, purchase or return, you can respond more quickly to your changing capacity needs without the burden of owning underutilized equipment. A lease program can be designed to address your unique business requirements—cash flow, ROA improvements, asset utilization, or simple convenience. Leasing provides you the flexibility to stay ahead of the technology curve and ahead of the competition.

Shareholder Value
Unlock shareholder value by leasing your equipment rather than buying it! With little or no upfront costs, leasing conserves working capital and preserves liquidity and lines of credit for other operational expenses. Return on Assets (ROA) and Return on Invested Capital (ROIC) improve when equipment is kept off the balance sheet. Operating leases may qualify for additional tax benefits as payments can be deductible as operating expenses.

Cash Management
Budgeting is simplified with leased equipment since payments are fixed for the contract term. In addition to the equipment, you can also incorporate the costs of installation, taxes, maintenance, and support into the lease agreement. Leasing makes it easier to match expenses with revenue stream and allows you to pay over time with today's dollars. Leasing conserves working capital for other important investments.

Expert Support
When you finance through one of Verigy’s financing associates, you get a team of financial specialists experienced in financing for the high-technology industries to help you meet both your current and future needs.