Renting a cash register or full blown POS system can be a great way for your business to spread cash flow and to retain the flexibility to update equipment as needed.
A number of firms operate POS rental schemes. In this article we look at some of the best available options
Best Rental POS Providers
Forbes Snyder, based in Massachusetts, offer some of the most flexible cash register rental options on the market. These include lease periods of up to 60 months and $1 buyout options.
Forbes Snyder rental programs are built on a ‘Rent to Own’ basis typically last for 36 months. This allows businesses who are unable to buy a POS system outright to get the full benefits of POS without the upfront costs.
During the rental period, Forbes Snyder retains ownership and responsibility for servicing the equipment. The customer can return the equipment at any time.
POSGuys offer American Cash Register retail software and equipment suitable for different businesses. Their cash registers come ready to work straight away and include cash drawer, monitor, bar code scanner, PC and receipt printer. Prices go from around $1,600 up to $3,500.
The rental agreements offered by POSGuys range from 25 days to 26 months. For a $2,000 cash register rented for over 36 months a typical monthly payment would be around $80.
Alternatively, they offer a way of paying for the register by taking a small proportion of your cash receipts each day. Rental contracts are subject to your firm having a good credit record.
POS Bank USA
POS Bank offer a wide range of POS products including terminals, receipt printers, cash drawers, hand held scanners and guest pagers. Customers can create systems suited for their specific requirements in restaurants, bars, retail and hotel settings.
POS Bank has close to 20 years' experience creating POS systems for clients and offer 24/7 sales support.
Prices will depend on exactly what features you opt for, but all systems come with an offer of three weeks' free rental for new clients.
TASQ are one of the largest providers of POS solutions in North America. They are always ready to meet their clients' needs, whatever their budget, with a range of new and refurbished models.
Systems they offer include terminals, PIN pads, check readers, card readers, remote deposit capture equipment, receipt printers, and wireless handheld devices.
In addition, customers are able to choose from a wide range of equipment providers such as VeriFone, First Data, Mag Trak, and Equinox Payments.
TASQ Technology's rental options are flexible. Minimum rental periods start from just three months (ideal for short term or seasonal businesses) and can extend over a number of years.
Prices vary depending on the equipment rented and the length of contract, but TASQ provide free, no-obligation quotes to all new customers.
If you are interested in buying a point of sale system for your business you can learn more on our dedicated POS system costs page.