Why Rent

An operating lease or equipment rental agreement is a smart way for your business to:

• Minimise major capital outlays and retain working capital
• Keep up to date with the latest technology
• Make 100% of your equipment outlays tax deductable within the current financial year
• Not to be left with out of date or obsolete equipment.

When you rent your equipment you enter into an agreement with the leasing firm to pay a set amount per month for a fixed term. This method allows you to fix your operating costs and more effectively manage your precious funds.

At the end of the term you can either:

• Return the equipment to the finance company
• Replace or upgrade the equipment with the latest technology and enter into a new agreement to rent
• Purchase the equipment at its current market value
• Extend the term of the agreement and continue to rent the equipment.