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Microsol Resources’ TechPerspectives event held during DesignPhiladelphia

Microsol Resources will be hosting their annual TechPerspectives event during DesignPhiladelphia, the city’s official citywide celebration of design, which highlights the work of creative professionals to demonstrate Philadelphia’s reemergence as a 21st century city shaped by thoughtful design, collaborative business practices, and community engagement.

This fall, AIA Philadelphia and Microsol Resources’ TechPerspectives have combined forces to present a morning conference program of architectural, engineering and construction (AEC) industry thought leaders on Tuesday, October 10th at the Center for Architecture during the DesignPhiladelphia Festival.

TechPerspectives will showcase and highlight the latest technology driving change in the AEC industry. We will hear from design technologists as they explore new workflows and processes that promote collaboration and information exchange to enhance building design. We will discuss various innovative technologies from building information modeling (BIM) to 3D printing, virtual reality, computational design, fabrication and others that leverage efficiencies in project design, collaboration and facility management. Microsol Resources is a recognized leader in BIM technology solutions, as well as a leading Autodesk Platinum Partner serving the AEC industry.

The event is open to all but recommended for technology leaders from architecture, engineering and construction firms; including: CIOs, CTOs, VP of Information Technology, IT Directors, BIM Managers, CAD Managers, Virtual Design & Construction (VDC) Managers.

TechPerspectives at DesignPhiladelphia
Tuesday, October 10, 2017
8:30 am to 12:30 pm
Center for Architecture
1218 Arch Street
Philadelphia, PA 19107

Stay ahead of the curve. Save your space at www.TechPerspectives.com!

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Activating Your Autodesk Subscription Software

As Autodesk’s subscription model matures, over time the activation process has changed. In addition, there are some variations in the activation process, depending on how you have licensed your software. We’ll keep this post updated with the latest methods used to activate your software.
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Lease financing vs. loans or cash

For companies in a cash-flow crunch, the most valuable advantage to leasing is the ability to hold onto their cash. In most cases, a company can get the equipment it needs with little or no down payment, allowing it to preserve working capital and lines of credit for other uses. Equipment or technology lease financing offers many potential benefits over conventional loans or paying cash.

Here are some reasons on why companies use leasing, and some comparison to loans or paying in cash.

Why lease?

  • Quick results.  Leasing allows you to have the latest equipment working for your business quickly and easily with a fast approval, minimal documentation and prompt equipment delivery.
  • Low payments.  Effectively maintain cash flow with lease payments that are often lower than loan financing.
  • Flexibility.  Structure payments and terms to fit your cash flow. Varying end of lease options give you the choice to purchase the equipment, return it, or extend your agreement.
  • 100% financing.  Conserve lines of credit and acquire equipment  without a major cash outlay. Unlike loans, which may require up to 20% down, leasing generally has minimal up-front costs. Finance up to 100% of the equipment cost, with additional options possible to cover soft costs like installation and training.
  • Tax and accounting benefits.  You may be able to lower your taxable income by deducting the lease payments. Lessees who prefer the tax benefits of ownership and use may take advantage of Section 179 depreciation.

Leasing vs. conventional loans

  • Leasing is fast and convenient. Conventional loans may require additional documentation and time beyond the one-page application and quick credit decision you get with leasing. This can delay your purchase of much needed equipment or technology.
  • Conventional loans can tie up lines of credit. Leasing preserves bank lines of credit, leaving them open for other business needs.
  • Conventional loans may require personal and business assets to guarantee the loan. With leasing, the equipment itself is
    used as collateral, not your personal or business assets.
  • Leasing hedges against inflation. Receive the benefit of your equipment immediately, and lock into fixed payments at today’s
    interest rate.
  • Leasing is flexible and doesn’t require a large down payment. Flexible payment terms and end of lease options mean you can choose the option that works best for your cash flow. With conventional loans, you will own the equipment and have limited payment term flexibility.

Leasing vs. paying cash

  • Pay cash for what appreciates, not for what depreciates. Investing the cash you would spend on the equipment could make a larger overall return than the interest paid on the agreement.
  • Protect your business against obsolescence. When paying cash, you may own equipment that soon becomes obsolete without having the flexibility to trade it in and upgrade to newer technology.
  • Pay for equipment as it generates revenue for your business. Let the equipment work for you right away, while you pay for it over time.

If you have any questions about the best option for you, contact your Microsol Resources Account Executive or email us at info@microsolresources.com.

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