Benefits of Rental Finance
Keep more
cash in your business with our Rental-Finance and
Leasing
It's Affordable:
You can get what you want today without delay.
You convert a large up front cash outlay into affordable easy
payments.
It’s Tax Deductible:
Rental finance has Tax Deductibility 100% for
business customers. Consumers and students in tertiary
education have the option to check with their
accountant.
Saves Cash Flow:
Use the dollars saved to fund business
growth.
It's Flexible:
You can keep up to date with rapid technology
changes as you can upgrade your equipment at anytime without
penalty!You don’t ever have
to buy a new computer again. By upgrading your rental
instead of buying a computer, you will save many thousands
of dollars over the years by not having to purchase new
equipment when your computer becomes
outdated.
Off Balance Sheet:
No effect on Financial Ratios Banking or
Supplier arrangements unchanged. Direct Expense is shown
in Financials
No Liability at the end of the
plan:
No Residual or Balloon Payments to refinance or pay
back Just hand the goods
back or renegotiate.
Makes Your Budgeting Easy:
You can budget ‑ Payments are fixed for the
length of the term. You avoid the burden of owning equipment
that becomes obsolete over a short period of time! You can get
comprehensive insurance included in your monthly
payments.
You will not have to worry about the extremely
high rate of depreciation or your accountant keeping
depreciation records for your equipment.
No Obsolescence:
You can keep your equipment up to date keeping
up with the rapid changes in technology. Upgrade to new
equipment or add on extra equipment and or
services.
Choices at the
end of the term:
-
Upgrade to
new equipment without
penalty
-
Return the
equipment
-
Continue to
rent the existing equipment at a reduced
rate
-
Make an offer to buy the
equipment.
Own what appreciates. Rent what depreciates!
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