75% of the rental payments are rebated to the client should they wish to purchase the equipment outright
full rental payment is claimed as a tax deduction at the end of the financial year on customer profit and loss statement
Benefits of a Rent-To-Buy
quick turnaround times for the client
short 12 month contract means a customer is not locked into a 5 year loan contract
option to return the equipment to the financier once a large project is finished and then not be stuck with equipment past that date
financing heavy equipment vehicles using a rent-to-buy loan product as opposed to using own funds, will preserve cash flow to maximise working capital position
fixed payments allow businesses to accurately project income and expenses going forward
as these types of loans use the equipment as security, it allows clients to free up property equity to pursue other investment opportunities