Monthly Lease Payments

Rental & lease products allow clients to generate income from the use of equipment over the term of the rental contract and can be tailored to meet any client’s needs.

Reasons why a monthly lease payment can work in your favour:
• The right equipment right now! Allows you to have immediate use of the asset without the capital budget or to lower your expectations because of capital budget restrictions.
• Fully tax deductible lease because it's an expense not an asset. Your balance sheet will only reflect “core” or income producing assets resulting in better financial ratios. Lowers the debt to equity ratio. Raises the current ratio (liquidity). Increases return on assets (ROA).
• Leaves more cash for other areas of your business. Your initial cash outlay is only the first month’s lease. Your money is retained for more profitable uses such as marketing, additional staff and increasing production capabilities. 
• Stay on the edge. Avoid buying equipment assets which promotes keeping them far beyond their useful life. By leasing rather than buying capital assets, you'll reduce the possible risk of technological obsolescence. You can decide to upgrade at any time not when it’s fully depreciated. 
If you would like to discuss why leasing may be a great alternative to outright purchase for you, 
Contact RentPlus today on (09) 379-7247 or sales@rentplus.co.nz