System Flexi Rental
The Flexible Rental Agreement provides equipment suppliers with the complete flexibility to tailor payments to meet complex or unusual requirements. It is particularly useful as a tool to enable the supplier to site new equipment before an existing agreement has ended, in order to satisfy the changing budgets and needs of the customer. It also allows organisations with seasonal trades to match higher rentals with busier trading periods
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The Flexible Rental Agreement provides equipment suppliers with the complete flexibility to tailor payments to meet complex or unusual requirements. It is particularly useful as a tool to enable the supplier to site new equipment before an existing agreement has ended, in order to satisfy the changing budgets and needs of the customer. It also allows organisations with seasonal trades to match higher rentals with busier trading periods
- Payments may be tailored to meet the customer's budgetary and equipment needs.
- Used for organisations where payments must meet budgetary requirements, for example schools, colleges, seasonal organisations and large corporate clients.
- Rentals can be made monthly, quarterly or annually.
- Typically the term of the equipment is between 3 and 5 years, depending on the useful life of the equipment.
- Allows the customer to add new equipment, to accommodate the changing needs of the organisation.
- Each Rental attracts VAT.
- Rentals are full allowable against taxable profits.
- The asset appears on your balance sheet.
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