QUIPRO

By: Quipro  11-11-2011
Keywords: Financing, Financial Institutions, Rental Agreement

FINANCING ON RENTAL OF ALL EQUIPMENT:
 
Quipro Rentals is your link to financial institutions to get financing of the mentioned equipment on a rental agreement
 
  • MOTOR INDUSTRY (Welders, Plasma cutters, Spray booths, Chassis Straightner, Lifts etc.)
  • ENGINEERING (Milling Machines, etc.)(All equipment for this industry)
  • EARTHMOVING EQUIPMENT (Bulldozers, Back actors, Forklifts etc.)
  • HEALTH (All Medical and Lab equipment)
  • SECURITY (CCTV CAMERAS) (Security Cameras etc.)
  • 2 WAY RADIOS (For vehicles and offices – Cheaper cost than telephone calls)
  • CATERING AND FOOD PROCESSING EQUIPMENT (Fridges, Mixers, Ice makers, Stoves, Fryers, Dish Washers, Deboners, Mincers, Vacume Packers etc.)
  • FARMING EQUIPMENT (All equipment used on farms)
  • ALL TRANSPORT VEHICLES (Arrange financing with a bank on a normal rental)
    (Rentals available on all transport vehicles & Busses)
 
ON ALL ABOVE MENTIONED EQUIPMENT:
 
  • All makes and models.
  • Helping you to get the finance needed on a rental and not a lease from a bank.
  • Easy payment on rental terms.
  • No deposit required.
  • Ownership after rental period, at an additional purchase, equal to a monthly premium.
  • 100% of rental + VAT deductible against your company taxes.
  • 24 / 36 / 48 or 60 Months rentals.
  • Conditions Apply.
 
  •  Based on 0% escalation’s     •  Cannot have escalation’s     •  Capital outlay up front reduces working
capital
 
•  V.A.T. payable monthly •  V.A.T. payable up front •  V.A.T. payable up front
•  Interest calculated on cash price
before V.A.T.
•  Interest charged on top of V.A.T •  Interest lost over period as cash paid up
front, that could have enjoyed an interest
return of its own.
•  100% tax deductible •  Interest portion tax deductible •  Deductible by depreciation via balance
sheets annually.
•  Operating expense in the Income
Statement
•  Appears in the financial's as an asset •  Appears in the financial's as an asset
•  No Capex approval required
   (Capital Expenditure)
•  Must get Capex approval for equipment •  Capex approval required for purchases of
equipment.
•  Not governed by budgets •  Governed by the company budgets •  Governed by the company budgets
•  No deposit is necessary •  Usually must pay deposit •  Capital outlay out front
•  Improves 'equity ratios', Current ratios
and return on asset ratio in financial
ratio analysis.
•  Has to be capitalized •  Has to be capitalized
•  Software installation and control cards
can be included.
•  Can only finance actual equipment. •  Not applicable.
•  Upgrade option available free of
additional V.A.T on original equipment.
•  Upgrade option available but all V.A.T on
original equipment is paid.
•  Very little/no value is attached to trade-in
secondhand equipment after a period of
approx. 4 years and therefore capital
would effectively be lost when new
equipment is purchased. No return
on capital would be recognized.
     
s s s
 
EQUIPMENT:
  • All makes, models and sizes.
  • Helping you to get the finance needed on a rental and not a lease from a bank.
  • Easy payment on rental term with ownership after rental period, at an additional purchase price equal to a premium.
  • 100% of rental + VAT deductible against your company taxes.
  • 24 / 36 / 48 or 60 Months rentals.
 
 

Keywords: Financial Institutions, Financing, Rental Agreement