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Rentals
Equipment Africa > Rentals

Rent rather than Buy or Lease your Equipment

If you don't want to go to the banks, for any reason, and don't have the cash in your pocket, we now can provide you with an finance option for your new equipment. Very simply, as soon as our finance providers approve you, you'll get all the equipment you have "purchased" and can start using it.

Of course, you'll have to pay your monthly installments for the duration of the contract period that you signed with them. After the contract is expired you have an option to keep the equipment and close the contract or to upgrade your equipment with new one and extend the contract without the need to get approved by them again.

So, as long as your equipment is working for you it will pay for itself and bring you profit with minimum money outlay. All you need to do is complete the required documents and our financing providers will do the rest. Once approved, we will send you the equipment.

To name but a few benefits of rental option:

  • Rentals do FREE UP working capital for other investments – Allows you to rather invest your capital in stock – RENTALS require NO DEPOSIT.
  • VAT is paid on the monthly installments - and not up front. You therefore do not pay interest on the VAT amount as you would with a Lease option. Rentals are fully tax deductible from the annual Taxable profit.
  • Does not affect your bank borrowing power or affect your credit line facility – It is an “off balance sheet item”
  • Gives you the opportunity to reduce operating expenses by:
    • replacing over-aged equipment
    • no large capital outlay
    • facilitates the establishment of realistic replacement schedules
    • facilitates standardization
  • Monthly rental payments can be reduced by using the annual escalations of up to 15% - Allows you to start on initial low repayments and then increase the repayments as you business grows – total flexibility. Rentals are available from 12 months to 60 months.
  • Cost effectiveness – When comparing the cost of high technology equipment acquired on a rental to that of purchasing, the rental will provide a more cost effective option in Net Present Value after Tax when using the discounted cash flow technique, than that of a cash alternative.
  • Ease of upgrade / replacement. – Upgrading equipment on a leased / Installment sale involves cancellation, selling and possible settlement shortfalls. Upgrading of a rental allows for the goods to be replaced by simply signing a schedule to the existing agreement. It also allows for the transfer of the settlement balance shortfall to be amortized over the period.
  • End of Agreement options – In terms of the statutory requirements a rental agreement continues indefinitely, but has a minimum period as described. It is possible for the equipment rented to be acquired at a nominal cost.
  • Flexibility – Rentals can be structured to meet specific customer requirements.

For more information contact sean@equipmentafrica.net.



New Product Release

M & B Exclusive Importers

Equipment Africa appointed as exclusive importers for the M&B Range of equipment. M&B was established on 3 February 2006 by Franco Magnani and Dido Boni. The founding partners began their professional experience in the automotive sector at a company in Correggio, leaders in the production of equipment for tyre specialists and car workshops, especially tire changers and wheel balancers. Franco Magnani started his technical-commercial experience in 1959 and Dido Boni exactly ten years later (1969). In January 1975, together with two other partners, they founded the company Sicam, remaining at the helm until August 2005 when they were bought out by Bosch and achieving success and recognition all over the world for their machines and equipment designed to solve the issues resulting from the constant evolution of tires and fitting them on rims. M&B was created to pass on all this experience and know-how to their heirs, who are, and will remain in the future, the supporting pillars of the new company.


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