The benefits commonly associated with a rental include:
It is an Operating expense and therefore generally 100% tax deductible and may qualify for off balance sheet accounting, ask your accountant or tax advisor on how renting can work for you.
Have the flexibility to easily upgrade equipment when required to ensure that your business has the right tools required for success
Give your business the ability to acquire equipment when needed so that your employees can work productively
Rentals have multiple end of term options available such as:
Upgrade the equipment to the latest technology available
Return the equipment
Continue to rent month to month
Extend the rental for further fixed term at a discounted payment
Make an offer to purchase the equipment *
* Finance@work isn’t under any obligation to sell the equipment to you.
