Authorised FSP No: 52167

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

Medical Equipment Finance

Affordable Medical Equipment

Renewed Group specializes in affordable medical equipment financing. Our off-balance sheet funding options are designed to meet the unique needs of the healthcare industry. From advanced imaging systems to surgical tools, we provide quick and flexible financing solutions for a wide range of medical equipment. Stay at the forefront of medical advancements with Renewed Group's specialized funding.

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 medical 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.


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


  • Results in the lowest possible after-tax cost to you.
  • Rentals can be tailored to fit in with your budget.
  • Enables you an anytime upgrade, keeping you up to date with the latest technology.
  • Offers you the most convenience with the least complications.
  • Total flexibility.
  • Rentals are an operating cost – thus off-balance sheet.
  • Rental premium could be fully deductible from your taxable income.
  • No need to use valuable cash flow to purchase assets. Simply pay a fixed budget amount over the term of contract.

How Contracts Work

  • We use the operational rental model which has various advantages: 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).
  • Since the rental agreement is off the balance sheet, it does not affect the gearing of the company
  • You can select a term between 12, 24, 36 & 48 months.

Who Can Be Financed?

Any Business

  • Closed Corporations
  • Ltd Company’s
  • Private Company’s
  • Sole Proprietors
  • Trusts

Need more info?

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