Authorised FSP No: 52167

Mon – Thur 08h30-16h30 | Fri 08h30- 14h00

Finance

Finance to keep
you moving.

Renewed Group provides specialised funding across niche product sectors. Our objective is to make equipment and products affordable to business clients. We specialise in providing off-balance sheet funding to you in unique industries. We fund anything from big industrial machinery and equipment, medical equipment, air compressors, generators, Solar systems and bicycles.

How do we work?

We finance according to an operational rental model which has various advantages:

VAT claimable

Due to the operational rental approach, VAT can be claimed on the premium in terms of such costing. (for business clients that are VAT registered).

Fully Deductable

As is the case with golf green fees, your riding expenses (instalment/ premium/ insurance), when in the company of your clients, could be fully deductible from your taxable income (for business clients).

Off the Balance Sheet

Since the rental agreement is off the balance sheet, it does not affect the gearing of the company

Select your Terms

We finance bicycles over a period of either 12, 24 & 36 months

Best For You

Advantages of doing it the RENEWED way
  • Total flexibility concerning upgrade by addition
  • Rentals can be tailored to fit in with your needs
  • Rentals are viewed as an operating cost – thus off-balance sheet
  • The total premium could be fully deductible from your taxable income (for business clients).
  • Results in the lowest after-tax cost to you (for business clients).
  • Enables you to keep up to date with the newest equipment
  • Gives you flexibility
  • Offers you the most convenience
  • Enables you to replace equipment when maintenance costs become excessive

Who can be financed?

Any Business
  • Ltd Company
  • Private Company
  • Closed Corporation
  • Trust
  • Sole Proprietor
Any Individual
  • Older than 18 years
  • Full time employed for longer than 24 months

Introduction to the Rental Concept

Rental finance presents the salesperson with a tremendous opportunity to close sales quickly and easily.
Market research shows that the majority of clients do not like approaching Commercial Banks for credit. Lots of people still have an ingrained distrust of debt.
However, realism and experience has shown that few people can afford to pay cash for everything they need when they need it. We all know of the many sad stories during the inflationary 80’s, when people waited until they had cash to buy. Prices grew faster than they could save and they either had to do without or finance the shortfall.
Obsolescence cycles are becoming increasingly shorter and technology users are demanding better solutions to finance their equipment and finding rental assets easier.
Renewed Group is a market leading organisation in this field as we have recognised the need for a rental package that offers its users financial certainty, as well as complete flexibility.

Benefits of Rental

Control of the Transaction

By using our product, your salesman has total control over the sale. Many of you will know the frustration of waiting for your client to arrange financing, and never being sure whether he was arranging matters or just keeping you on a string.

Rental vs Cash

Renewed Gear offers your client an inexpensive way to have use of equipment he needs without draining his available cash. The client will also not have to use up his available credit lines with other institutions.

Cash flow improved

If all the documents are in order and the client is approved, we pay out the full amount due on delivery. You do not need to carry debtors. Therefore, your cash flow is improved and bad debts reduced.

Quoting monthly rentals rather than capital

Inflation has pushed the price of goods to very high levels and often the capital price scares off the client. Quoting the monthly figure enables the client to concentrate on the actual monthly cost instead of a huge capital outlay.

Affordability

The monthly rental can be structured (within reason) to suit your client’s budget.

Enhanced Profitability

There will be no need to allow cash discounts thereby improving your profit margins.

Ease of use

The documents are user friendly. You also save your client the time and convenience of looking for finance.

Tax deductible

The rental is an operating rental and can be fully deductible in your client’s hands.

The unique structure of the rental agreement permits you to upgrade the older equipment with more up to date equipment, without materially altering the client’s monthly rental.

Need more info?

Drop us a message and we'll call you back.