On Average, copiers have a life-span of about seven years. After that, manufactures aren’t on the hook for replacement parts, and trying to prop up an old machine on your own is more trouble than it’s worth.
So, what are your options as a nonprofit when funds are difficult to come by and you’re in need of a new copier?
Obviously, the ideal way to do this is to have it funded, but that takes time and there are no guarantees that you will be able to raise money when funders are often more interested in directly supporting the mission. A second way is to obtain a low-interest loan from your bank. The third option is to lease a copier, which is like leasing a car, only instead of a car, you get a copier!