THE RENTAL

Also known as Off-Balance sheet Rental Finance, a
monthly rental enables the client to compare the actual
monthly cost of the new technology, to the income
generated or the cost savings to be realized from the new
technology.

Benefits of rental finance

Rentals can be tailored to your individual needs. We can use annual escalation in line with inflation and reduce the initial rentals

Rentals are 100% tax deductible

You will be entitled to deduct VAT paid from VAT collected which will result in a major saving

As rentals are an operating expense and not capital expense, they are not governed by capital expenditure budgets

Software can be included on rentals but not on a lease

Further on-going rental secured by the inclusion of a simple upgrade option free of additional VAT on the original equipment

No deposit is required on a rental agreement

As rentals are off balance sheet, your equity/ current/ return on assets ratios are improved and do not have to be capitalized like a lease

At the end of initial rental period you can continue renting the equipment for a nominal amount per annum

Allow businesses to keep up with lastest technology