ITAD Providers Help Increase Value of Off-Lease IT Assets

Katelyn Harrison
Marketing Specialist
HOBI-ITAD for Off-lease IT equipment

IT equipment is a necessity for smooth business operations. Rapidly evolving technology and the pressure of staying current often result in quick turnover rates, which can become costly. Electronics are more expensive than they have ever been, but working with obsolete IT hardware puts companies at a disadvantage and prevents access to real-time data. This has increased the pressure to keep up with software updates and hardware upgrades. Many businesses are now choosing to lease IT equipment rather than purchase it, and partnering with an ITAD provider can help maximize device value with off-lease device processing. 

Benefits of Leasing IT Equipment 

Inflation has caused the price of technology to skyrocket, and purchasing IT equipment can quickly become costly. A lease contract requires only a minimal initial investment for the equipment, which allows for the preservation of cash flow for the enterprise. Leasing IT equipment also increases flexibility when taking on new equipment or upgrading as a business grows. Additionally, IT equipment will never be obsolete because enterprises can acquire the latest technology when their lease expires. Once the leased equipment is returned, it can be sent to an end-of-life facility like HOBI for processing or remarketing. 

Increase the Value of Off-Lease Assets 

IT asset management and disposition enterprises offer value-added services for off-lease devices. They assist leasing companies in several ways, including end-of-life services like device testing and disposal. Partnering with HOBI International, Inc. for device processing includes vITAD services such as data erasure, repair and refurbishment, and asset redeployment. Many companies are unaware that IT equipment contains residual data until it is properly sanitized. ITAD providers like HOBI mitigate potential data leaks, ensuring the security of your sensitive information.  

Asset redeployment helps protect the environment and maximizes the value of used assets by keeping them in circulation and out of the waste stream. Device reuse is rising in popularity as more consumers choose to keep devices longer or purchase used devices rather than new ones. Remarketing off-lease equipment helps provide an alternative sales channel and keeps used assets out of landfills. 

HOBI International, Inc. is an R2v3, RIOS, and ISO 14001 certified mobile asset management provider. HOBI’s ITAD program provides leasing companies quick and reliable repair, refurbishment, and buyback solutions. HOBI provides full-scale IT and mobile asset management with top-notch data security and reverse logistics processes to ensure devices are accounted for throughout the ITAD process.

ITAD enterprises like HOBI are a cost-effective and responsible solution for processing off-lease equipment. For more information about our ITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com.  

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