Lease Rental Option
Pay Monthly Lease rental is currently only available in South Africa to registered organisations, companies and government departments. We are not able to offer this option to private individuals or informal companies. You must be able to provide trading history, accounts and have a valid South African Bank account.
Major Benefits
- No large capital outlay
- Tax deductible as a rental expense
- Off balance sheet asset
- Term Lengths from 24 to 60 Months
- Escalation choice from 0 - 15%
- Quick decision in principal
Overview
Lease Rental finance is used for businesses to procure capital equipment. A term length is agreed upon and the capital cost is collected monthly over this period. This makes acquiring the right solution an affordable option. A lease rental payment is also tax deductible as an expense rather than owning a depreciating asset on your balance sheet. By completing your purchase via a lease rental, it allows you to upgrade your technology efficiently in a similar way that you would trade-in your car every few years in place of a new one. Lease rentals are offered between 2 and 5 year terms and have options from 0-15% Escalation.
Is my Company or Organisation eligible to apply?
Rental agreements are subject to status. We will consider any type of business but typically our clients are: PTY Ltd's, CC's, NGO's, schools, Government departments and Trusts.
