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GreatAmerica

Equip your business with the latest technology and get flexible financing, automated updates, hassle-free maintenance, enhanced security, and seamless scalability.

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Keep Up with Rapid Technological Advancements and Enhance Financial Flexibility

Logically and GreatAmerica Financial Services work together to help businesses identify their technology needs, deliver the right solutions, and provide financing—freeing up cash and IT resources to further business strategies.

With the global equipment-as-a-service (EaaS) market growing at an annual compound rate of around 50% through 2030, more U.S. businesses will deploy subscription-based equipment usage. They’ll shift from a capital expenditure to an operating expense model to eliminate substantial upfront investment and have greater flexibility as equipment OEMs provide a single point of contact for equipment and related software, supplies and services.

“Nearly 8 in 10 U.S. companies (79%) use some form of financing when acquiring equipment, including loans, leases and lines of credit (excluding credit cards).”
Equipment Leasing and Finance Association (ELFA)

Technology Acquisition and Management Challenges and Common Concerns

Together, Logically and GreatAmerica Financial Services amplify the benefits of leasing rather than buying business technology.

High Up-Front Costs

  • Significant capital outlay for new hardware strains budgets, limiting financial flexibility and investment in other critical areas.
  • Large initial investment can make adopting necessary technologies cost prohibitive, hindering growth and competitiveness.

Obsolescence

  • Rapid technological advancements make hardware obsolete quickly, leading to frequent and costly upgrades.
  • Outdated hardware reduces efficiency and compatibility with newer software, impacting productivity and performance across the organization.

Maintenance and Repairs

  • Unexpected hardware failures require costly repairs, causing budget overruns and operational disruptions.
  • Managing routine maintenance internally diverts IT resources from strategic projects,     slowing innovation and growth.

Scalability

  • Scaling hardware to match business growth is challenging, often leading to over or under-provisioning.
  • Relying on cash reserves or lines of credit to upgrade your technology infrastructure limits the ability to respond quickly to changing business demands and opportunities.

Asset Management

  • Manually tracking hardware locations, usage, and lifecycle is time-consuming and error prone.
  • Lack of effective asset management leads to higher operational costs, decreased efficiency, and increased security vulnerabilities.

Security Risks

  • Outdated or insecure hardware increases vulnerability to cyberattacks, risking data breaches and compliance violations.
  • Ensuring hardware is secure and up-to-date with patches is critical but IT resource-intensive.

Maximize Your Tech Stack and Your Financial Flexibility with Logically and GreatAmerica Financial Services

Leasing your business technology through GreatAmerica Financial Services provides access to the latest technology, regular updates, and scheduled refreshes with fixed monthly payments that make it easy to control your cash flow and stick to a budget.

Maximize Your Tech Stack and Your Financial Flexibility with Logically and GreatAmerica Financial Services

Leasing your business technology through GreatAmerica Financial Services provides access to the latest technology, regular updates, and scheduled refreshes with fixed monthly payments that make it easy to control your cash flow and stick to a budget.

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Preserve Cash Flow and Credit Lines

Leasing does not tie up cash or existing credit lines, so businesses have funds available for growth and operational expenses like adding additional personnel, diversifying inventory, or increasing advertising spend.

 

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Establish a Refresh Schedule

Financing eliminates the need for huge cash outlay every time a technology reaches end of life by building refreshes into the budget and paying for them over time.

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Strengthen Your Security Posture

Hardware leasing programs take the pressure off of the business to stay current on security patches and updates, reducing the risk of cyber attacks, data breaches, and compliance violations.

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Turn CapEx into OpEx

Leasing business hardware transforms initial upfront costs into regular monthly payments. This converts the hardware cost from a capital expenditure (CapEx) to an operational expenditure (OpEx) that can be spread out over the useful life of the hardware.

Shifting hardware costs from CapEx to OpEx also provides tax benefits as operational expenses may be fully tax deductible. 

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Take Maintenance Off of Your To-Do List

Financing hardware through Logically and GreatAmerica, rather than buying outright, ensures routine maintenance is completed on time and that unexpected hardware failures won’t negatively impact budgets or disrupt operations.

Relevant Resources

” My whole experience with Logically has been effortless. The professionals at Logically are experts in finding solutions to our technology needs and have been instrumental in our success of delivering a quality client experience.
Cherie Ratcliff
Practice Administrator at Plaza Urology

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Looking For a Trusted Ally?

Speak to one of our experts and learn how Logically can evolve with your business needs while managing the complexity, performance, and security of your business technology.