A rental contract may be a much more beneficial way to fund your next equipment purchase.

A rental agreement is set up between the financier and the client. The financier purchases the equipment on behalf of the client and then rents it back to them over a pre agreed time frame.

Rental Benefits:

• Equipment is not shown on your balance sheet.
• If used for business use the rental payments may be 100% fully tax deductible.
• Much more cost effective in most cases than an outright purchase (ie paying cash).
• Term is fixed for a given period.
• Flexibility within the contract by allowing additional equipment to be added at any time.