operating leases and rental

Operating Leases (Rental) are a commercial finance product which enables the customer to have the use of asset and the benefits of ownership, while the financier retains actual ownership of the asset.

The financier purchases the asset on behalf of the customer, who then rents the asset back from the financier and pays a fixed monthly lease rental for the term of the lease.
At the end of the lease the customer can either:

1.  Upgrade to new equipment

2.  Hand the equipment back

3.  Continue to rent the equipment

4.  Purchase all the equipment for an agreed market value

Benefits Include:

tick Flexible contract terms generally range from 24 to 60 months (two to five years).


tick Fixed monthly payments.


tick Budget for cash flow. Costs known in advance.


tick No Residual. An operating lease does not have residual value.


tick Tax deductions are available when the financed asset is used for business purposes.


tick Up to date. Equipment over their productive life then upgrade at the end of term to new and better equipment.


tick One Payment. Add different products into one easy to manage payment.


Note: The above information is provided as a product description only and it is not intended in anyway to be used as taxation, financial, investment or legal advice. Rent for Business, its associated companies and employees, recommend at all times that customers seek qualified and independent legal, financial and investment advice. Rent for Business and its associated companies and employees do not take any responsibility in respect to the accuracy of the content of the above information.


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E-mail:  info@rentforbusiness.com.au
Tel: +61 3 9283 1112