Meet the Expert
Dan Gannon
Lease Program Manager, DataSales
- 20 years experience originating, structuring and negotiating lease transactions with start up, emerging growth and venture backed companies.
- Directly funded more than $175 million of equipment purchases for clients.
- Specialties: Extensive experience financing technology hardware to start up, emerging growth and venture backed companies.
Meeting Packages from $400
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- Pre-Meeting Discovery Process
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Technology Hardware Leasing
Lease Program Manager, DataSales
Overview
Technology is playing an ever larger role in business operations, and IT-based services companies of all sorts are expanding globally. This has created tremendous growth in the need for IT infrastructure for both existing companies and for startups and emerging growth firms.
Much of this growth has occurred at a time when many big investors, like venture capital firms, are being more selective in who they back. They are less likely to invest in smaller firms and are more demanding in their expectations for a return on investment.
For many firms, especially the emerging and small- to middle-sized companies, this has reshaped business decisions on how to acquire needed IT equipment. Other traditional lines of credit – such as banks, for instance – can be expensive and often have little understanding of the IT space.
All of this points to IT equipment leasing as an option that can:
Much of this growth has occurred at a time when many big investors, like venture capital firms, are being more selective in who they back. They are less likely to invest in smaller firms and are more demanding in their expectations for a return on investment.
For many firms, especially the emerging and small- to middle-sized companies, this has reshaped business decisions on how to acquire needed IT equipment. Other traditional lines of credit – such as banks, for instance – can be expensive and often have little understanding of the IT space.
All of this points to IT equipment leasing as an option that can:
- Improve cash flow, and allow equity and other credit sources to be used for such other business priorities as marketing, sales or expansion.
- Help manage equipment life spans and provide for an orderly refresh of technology while improving data security as equipment is replaced.
- Manage the ever-tightening obsolescence horizon.
- Assist firms in realizing economies by moving IT infrastructure in-house.
- Help expand business reach overseas with leasing in-country or regional leasing arrangements.
Technology Hardware Leasing:
Overview
Expert Topic