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Company Profile
Law firms of all sizes have become increasingly reliant on the utilization of lease and finance programs to allow them to affordably acquire the technology that has become an integral part of their practice. Baytree Leasing understands the specific requirements of the busy, modern law firm. Baytree is a proud sponsor of many national, regional and local ALA and ABA conferences. As a subsidiary of a nationally chartered and FDIC insured bank, Baytree has the financial strength and product expertise to assist law firms acquire technology solutions, capital equipment and office furniture systems.
Products and Services
Effective use of an asset:
Rarely does a law firm pay their employee’s salary in advance; they pay people as they contribute. It should be no different with an asset such as the computer hardware and software that helps you run your business on a daily basis. Leasing and financing programs enable you to pay as you use.
Fixed payments:
Monthly payments on a lease are fixed for the entire term of the lease. This is a distinct advantage in times when many financing transactions have floating interest rates. Knowing in advance what your payments will be enables you to budget and manage technology investment dollars over time.
Protection from obsolescence:
Due to the pace of developments in the technology marketplace, computer equipment and software may become technologically obsolete even quicker than it has in the past. Leasing allows you to match the term of your lease program to the perceived useful life of the solution. Your payments are based on the technology you have working for your business, and as your business needs expand, our lease programs provide for add/on and upgrade provisions.
No downpayment:
Many traditional financing programs require a sizable down payment. On cash purchases, this can be as much as 50%. Down payments are generally not required on a lease; customarily the first and last payments are paid at the start of the lease and reduce the amount of payments due over the payment stream
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