Revolutionizing Agriculture Equipment Rentals
The agriculture market is rapidly changing and one of the fastest growing markets in the world. The equipment today needs to continue keeping up with the pace of the rapidly changing technology.
It is against this background that Agriculture equipment rentals have become more and more a factor in the successful selling of equipment. Existing methods of financing have not addressed the problems incurred in a continually changing market. In order to address these problems, the emphasis has changed from “what it would cost to buy” to “what it would cost to use.”
Flexibility is of major importance in the market today and the rental package has been designed to offer the greatest possible tax advantage, as well as catering for the high inflation of the economy.
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What you need:
- A completed & signed credit application form.
- Pro-forma supplier invoice or quotation.
- Full description and/or brochure on asset.
- Copy of ID of directors.
- A Company letterhead.
- Copy of company registration documents.
- Personal assets & liabilities of directors.
- 3 months bank statements.
- Latest Audited Financial Statements.
- Up to date Management Accounts.
Empowering Agricultural Growth through Equipment Rental Financing
RENEWED is aimed at ensuring that clients are continually kept abreast of the latest financial developments in the agricultural equipment market, and to address the individual needs of these clients. It is with this understanding of the industry that rental financing is offered by RENEWED
Tailor-made packages are crafted depending on the client’s requirements to cater for cash flow and budget constraints, rent-free periods, residual values, bullet payments, etc. An overview of the major aspects of the rental concept is included for your perusal.
Main Benefits of a Rental
Rental vs Cash
RENEWED offers your client an inexpensive way to have use of the equipment they need without draining their available cash. The client will also not have to use up their available credit lines with other institutions.
Quoting Monthly Rentals Rather Than Capital
Inflation has increased the price of goods and often the capital price scares the client.
Quoting the monthly figure enables the client to concentrate on the actual monthly cost instead of a huge capital outlay.
Updateability
The unique structure of the rental agreement permits you to upgrade the older eqipment with more up to date equipment, without materially altering the client’s monthly rental.
(This depends on when you upgrade the client and we would be happy to discuss this with you in more detail)
Enhanced Profitability
There will be no need to allow cash discounts thereby improving your profit margins.
Ease of Use
The documents are user friendly saving you the time and inconvenience of looking for traditional financial options.
Major aspects of the rental concept
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