System Pre-Rental
A facility designed to help organisations manage particularly large or protracted equipment acquisitions. Pre-Rental conveniently allows the equipment supplier to install equipment over a period of time to meet the customer's requirements. The customer's lease start date is deferred until the completion of the installation.
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A facility designed to help organisations manage particularly large or protracted equipment acquisitions. Pre-Rental conveniently allows the equipment supplier to install equipment over a period of time to meet the customer's requirements. The customer's lease start date is deferred until the completion of the installation.
- Particularly useful for large multi-site installations made over a protracted period.
- Interest due on equipment installations is paid by making one convenient payment before the inception of the leasing agreement.
- One single lease agreement commences at the end of the installation phase.
- Each Rental attracts VAT.
- Rentals are full allowable against taxable profits.
- The asset appears on your balance sheet.
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