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will save many thousands of dollars over the years by not having to purchase new equipment when your computer becomes outdated.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!