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The idea that IT assets, like cars, are depreciating assets that need to be updated regularly, and are thus not worth spending good solid cash on is starting to take hold in the local market. There has, unsurprisingly, been a concurrent surge in suppliers offering IT asset rental and financing options.

Companies looking to rent or finance IT assets would do well to bear in mind a few old adages. The first is that a company that has recently entered the market may, when times get tough again, exit the market. This is particularly relevant to companies that are offering rental financing options in addition to their core lines of business. The second old adage is caveat emptor: let the buyer beware. There are many ways to skin a cat, and some companies like to put the means by which they earn their chunk of flesh into the small print, where it will not be noticed until the renter tries, for example, to terminate the deal early, at which time said fine print turns around and bites, hard!