Rental operating lease

If your business relies on expensive equipment that goes out-of-date quickly, a rental (operating lease) can be a great option.

Coming up with the capital to upgrade your equipment can be difficult. With a rental (operating lease), rather than buying the equipment outright, you rent it for a manageable, monthly payment.

The flexibility to get the equipment you need, when you need it

We understand that certain kinds of equipment need to be upgraded regularly, yet the cost can be prohibitive. Renting means you can afford better equipment for less capital.

Don’t find yourself stuck with outdated equipment

At the end of your lease term, we offer you a range of options, including returning the equipment to us or extending the rental period and reducing your payments.

We also offer you a Technology Exchange Program. This program allows you to replace or add to your existing equipment at pre-determined times so you can have the latest technology, without adding to your operating costs.

Equipment is just the beginning

Ancillary equipment and even maintenance can add to your cost base. We understand that, and that’s why we provide the option for you to bundle these costs into one affordable facility. That means the costs of hardware, software, maintenance, cabling and even training can all form part of the costs set out in your Rental Operating Lease.

A true operating lease

Payments on rental (operating leases) are treated as operating costs and your rental agreement will not usually appear as a liability on your balance sheet.

That means your capital is free for other business needs.

Features

  • Term: 1 to 5 years
  • Loan Amount: $10,000 and upwards (subject to credit approval)
  • Repayment Frequency: Monthly, quarterly, annually or structured to suit you

Use of the information contained on this page is governed by Australian law and is subject to the Terms and Conditions which can be read on the Terms and Conditions page.