WHY
CHOOSE RENTAL ?
Rental
Finance is the most flexible and cost-effective financial
package available. Globally, more and more businesses
are moving away from unnecessary capital outlay, having
recognized the value of rental as a means of acquiring
movable assets and capital equipment.
WHY
THYNK FINANCE ?
Thynk Finance offers a streamlined service from beginning
to end. At the first point of contact, one of our Solutions
Consultants will assess your requirements and provide
a cost-effective rental solution structured to suit
your financial situation and equipment needs. We communicate
with the customer during the installation process to
insure full satisfaction with the equipment prior to
the sign-off and acceptance.
RENTAL
STRUCTURES
The
straight line rental plan
This
plan suits stable products that exist in a low inflation
environment and therefore requires less regular upgrades.
It allows for equal monthly payments over the entire
contract.
The
escalated rental plan
This
plan maximises the affordability of the equipment and
payments increase by a given percentage each year. The
annual increase is fixed, which means you can still
predict your cash flow over the full contract period.
FEATURES
AND BENEFITS OF THE RENTAL PRODUCT 1)
Off balance sheet financing
Equipment
rentals do not appear on your company’s balance
sheet as a fixed asset, but instead appears on your
income statement as an operating expense. There is a
minimal cash flow impact and the rental option does
not diminish future borrowings from other financial
institutions.
2)
Tax Advantage to the client
The
monthly rental payment is an operating expense and is
fully tax deductible. VAT is not capitalized against
the purchase price and interest is not paid on the VAT
portion.
3)
Affordability
As
monthly rentals can be structured to suit your budget
they reduce working capital requirements and are a cost-effective
benefit.
4)
Flexible upgrade options
Upon
upgrading the client can choose to extend the contract
period. Also, if the customer undergoes a major business
expansion and upgrades his equipment, the contract facilitates
this in the most cost-effective way.
CONVENIENCE
TO THE USER
We are able to offer financial solutions for all your
movable business assets.
Click
Here to download Thynk Finance Credit Proposal Form
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