Authorised FSP No: 52167

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

Fleet Finance

Stay Ahead with Tailored Fleet Finance Solutions

We specialize in providing tailored finance solutions for businesses in the fleet sector. Whether you need financing for trucks, trailers, cars, or bakkies, our specialized finance product keeps you ahead in the rapidly advancing industry. Our flexible terms allow for fleet upgrades at any time, ensuring you stay at the cutting edge. We believe in demonstrating how the cost of ownership exceeds the initial purchase price, enabling you to make sound financial decisions. With our fleet finance product, optimize your fleet's performance, efficiency, and competitiveness while improving your bottom line.

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.

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 fleets over a period of either 12, 24, 36, 48 & 60.

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 with the least risk.
  • Enables you to replace equipment when maintenance costs become excessive.

Who can be financed?

Any Business

Any registered business older than 2 years or Fleet owners.

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

Stay Informed and Thrive with Fleet Financing

RENEWED is aimed at ensuring clients are continually kept abreast of the latest financial developments in the industrial air supply market, and to address the individual needs of these clients. It is with this understanding of the industry that rental financing is offered on all sorts of equipment by RENEWED.

Tailor-made packages are crated 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.

Roofs of several cars. A lot of cars stand close at rush hour

Need more info?

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