Easy Finance Options
ACS Partners wit several reputable finance insitutions to make buying machinery from us simple & without the need to visit a financial institution in person.
Ezy rental Equipment is a company that we partner with & can offer Quick & Easy Stress Free equipment loans across our entire product range.
BENEFITS OF RENT TO OWN
Success in small business is tough. Just surviving is a day to day challenge for many small businesses. Cash is KING! If you don’t make a profit you die slowly, but without the cash to pay staff and expenses each week you will die quick!
Our Rent to Own option helps you to spread out the investment in equipment and improve your cash flow so you can enjoy the following benefits:
- Increase cash flow – low, affordable weekly payments without a big upfront investment
- Number of options – 24, 36 or 48 month terms
- Immediately start off with high quality, brand new equipment in your business from day 1
- Minimise tax – weekly payments are 100% tax deductible
- Renting is a day to day business expense like electricity or fuel – doesn’t reduce your equity in business or capacity to borrow for future expansion
- No personal security needed, so you don’t have to put your valuable assets like a house at risk
- You can purchase equipment at any time
- At the end of the term you own the equipment for $1
DIFFERENCE BETWEEN RENTING & LEASING
Leasing your equipment may seem like a good idea but you need to take into account the full impact equipment leasing will have on your business.
Equipment leasing requires personal security – which puts your personal assets (your home) on the line. Our rental agreements for smaller contracts do not require personal security or directors’ guarantees.
Leasing vs Renting
|Equipment Leasing||Equipment Renting|
|· Long-term contract||· No directors’ guarantees or personal security required|
|· Personal security||· “Off-balance sheet” item|
|· Directors’ Guarantees||· Purchase the equipment at the end of the term for $1|
|· Balance Sheet Item|
|· Penalties if break-out before end of contract|
A lease is a balance sheet item – which reduces your equity, your ability to borrow and accordingly, your availability of working capital. Rent is an “off-balance sheet” item (like salaries or electricity). This means that equipment rental contracts have no impact on your equity, or on your ability to borrow.
An equipment lease requires a lot of paperwork, personal security, takes time to approve and locks you into a long term equipment lease contract. An Ezy Rental Agreement involves minimal paperwork, no need for personal security, which means that you can get the equipment you need immediately without putting your home at risk.
As you can see, equipment rental offers a level of flexibility that neither purchasing nor equipment leasing can match.
3 REASONS TO USE “Rent to Own” TO FUND YOUR EQUIPMENT
"LOW DOC" FOR THOSE WITH GOOD CREDIT HISTORY
EXPERT ADVISE & EXPERIENCE
|- 5 minute estimate||- No 2 years business history||- Get the RIGHT equipment|
|- 10 minute application||- No business plans||- Generous supplier rebates & discounts|
|- 24 hour approval||- No cash flow projections||- Experienced & friendly staff - NOT a call centre|
|- Equipment 24 - 48 hours||- Pre-approval for accredited Franchise groups|
Be sure to give us a call to discuss your options further
03 9769 1211