Furniture Leasing | Leasing

Furniture Leasing
This is an option some clients consider when they only require the furniture for a short time period. This can be for reasons such as a short term lease on the building, a short term contract, or they just may like to keep updating the furniture and decor periodically. Leasing options start as lows as 3 months through to 3 years or more.

Your leasing solution will allow you to redirect your capital to income-generating assets such as stock, or towards investment in assets that appreciate rather than assets that drop in value, whilst at the same time spreading the cost of the rental equipment over it’s useful life. A leasing solution will work for you because it is the smart way for your organisation to get the right equipment without the burden of outlaying a huge sum of money up front. Your payments will be regular and known, giving you financial certainty by allowing you to better manage your cashflow.


Why Rental works
Better use of capital. Invest in income-generating assets rather than assets that drop in value quickly.
Improve cash flow. Obtain assets without the burden of outlaying a huge sum of money up front.
Spread the cost of the rental asset over its useful life.
Eliminate the risk of technology obsolescence.
Minimise the risk of an incorrect purchase.
Avoid the hidden costs of ownership such as ongoing maintenance and the cost of disposal.
No asset register requirements and subsequent audit costs.
Your payment costs will be known, giving you financial certainty in managing your cashflow.
Cash flow benefits could be used to grow the business for example, in an advertising and marketing campaign.

Intangible assets such as service agreements and insurance can be included in the transaction.

Your rental payments can be fully tax deductible.

Off Balance sheet reporting
Need for flexibility (The most flexible approach to asset procurement)
Flexible repayments options (standard or cash flowed).

The Exchange Plan allows for approximately 30% of the original value to be spent again each year in a 3 year transaction with no increase in rental payments. Exchange allows you to have the ability to easily change your products. This means you are not stuck with a bad purchase decision.

Choose your end of term option - whether it be upgrading, returning, buying or continuing to rent. Terms up to 5 years are available and even longer under certain circumstances.

Rent any asset

Bundle and fund tangibles and intangibles such as service contracts and insurance

Sell and rent back existing assets at full invoice value on assets up to six (6) months old or at book value if older.
Flexibility with End of Term Options
Retain some or all of your assets: continue to make rental payments on a casual short-term basis. This may be useful for example if you are waiting to make a final decision on specific replacements, or for stock to arrive with your suppliers.

Re-negotiate a new extended term at a discounted rate.

Return assets to RentWorks with no penalty or residual payment

Purchase the assets at a price mutually agreed at the end of the rental.

Leasing