How to best secure your Esports hardware and stay ahead of the game
Written by Ryan Semans, Director of New Product Sales
We, at Tierney, have been hosting various Esports user groups and collaborative sessions to help schools get started or take their Esports programs to the next level. Part of our strategy is to help schools get together to share what is and is not working. Through these collaborative conversations, often the topic of funding comes up. This conversation resides around both funding to get a program started and funding to support a more competitive team. There are various ways to get started and secure funding for Esports. This post is going to focus on how to leverage leasing as an option to get started and/or take your program to the next level.
Leasing to get started
Many times, startup funding is the central issue with getting an Esports program started. Or, the funding is approved, but not until the next budget cycle. Leasing can help close the gap in both of these scenarios. Leasing allows a program to get started right away and pay over 3, 4, or 5 years. Some leasing organizations even will allow a program to lease at 0% for the life of the lease and return the old hardware at the end of the lease when the program is ready to upgrade.
Leasing to take your program to the next level
We have been hearing more and more from schools about wanting to take their programs to the next level, but do not know how or do not have the immediate funding to do so. Sometimes this means adding more spots on the team, adding hardware, and/or upgrading the hardware. Leasing can be a benefit in various ways. For one, you can upgrade your older hardware to newer, more robust hardware that will allow you to be more competitive. Leasing allows you to do this and pay over time. Also, some leasing organizations may pay you for your older hardware which would allow you a smaller payment for your newer hardware. For two, leasing can help you move forward with adding more hardware, thus adding spots to your team. Leasing allows you to do this without a large capital investment up front.
Why return and refresh your fleet
The power of returning and refreshing your fleet of Esports hardware often allows you to enter into a 3, 4 or 5 year lease that is at 0%. This also affords you the ability to keep your hardware up to date, be more competitive, and add new hardware to expand your team and pay over time.
If you are interested in learning more about how leasing can help you get started or take your program to the next level please contact us.
Look for our next Esports blog post where we will deep dive into, How to build your Esports program based on your desired outcome.