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Level 1, Suite 19 |
Finance Truckmounts, Finance Cleaning Equipment
Why Rent
ü Improves Cash Flow
Renting frees up capitol for investment opportunities or other valuable uses.
ü Tax Benefits
Rental payments are considered an operating expense and are usually 100% tax deductible. Renters are advised to seek independent advice.
ü Off Balance Sheet
Unlike a finance Lease or Hire purchase, Rental does not appear on your Balance sheet as a loan.
ü Maintain existing lines of credit
Renting provides an alternative source of funding, leaving your existing lines of credit unaffected.
ü Equipment Maintenance
The Renter has the option to include the cost of maintenance and ongoing servicing of equipment as a component of the rental payment.
ü Flexibility
A rental allows you to:
- Upgrade to the latest technology during the rental agreement.
- Add new equipment to your existing rental plan.
ü Budget Control
Rental guarantees a fixed payment amount for a specific term.
ü Flexible end of term options
There are very flexible end of term options available to the renter including full ownership of the equipment at the end of the term for just $1.