• Rental
• Finance Lease
• Commercial Hire Purchase

1. Economy

Often, equipment is only used part of the time. If you own the equipment, it can spend much of its life on the shelf earning no return on your investment. Rent and you can only pay when the equipment is actually needed.

2. Capital is conserved

Rentals let you acquire the use of equipment without the capital outlay. You only pay while it is working for you. The capital dollar you save through rental can be invested elsewhere to generate additional profits.

3. Rental allows fast cost recovery

Generally rental payments maybe fully tax deductible. Purchased equipment is depreciated, yielding tax savings more slowly, but you should obtain independent professional advice as to the plan most suited to you.

4. Maintenance/calibration expenses eliminated

The cost of maintaining, calibrating & warehouse equipment can be high. When you rent, you avoid these cost and headaches, & gain the benefit of professional equipment support.

5. Credit is preserved

Capital purchase may use large amounts of operating funds and available lines of credit. Renting allows capital to be preserved.

6. Obsolescence is eliminated

By renting you avoid the risk of obsolescence.

7. Budgets can be stretched

When efficient task performance or urgent deadlines require more equipment than your purchase budget will allow, renting is the most practical and economic solution.

8. Allocating expenses

Allocation of the cost of equipment ownership & support is often a difficult & complicated process. Rental repayments on the other hand can be charged directly & fairly to the projects or locations where the equipment is actually used.

9. Unforeseen needs can be satisfied

At peak periods or when essential equipment breaks down, rental can put the necessary equipment in your hands.