Rental

Why tie up valuable capital in owning assets that rapidly depreciate in value and require replacement every few years? Rent them instead, spreading the cost over their useful life. Keep up with technology, save time and money, and make better use of capital with an Equipment Rental Plan. AGM Williams can provide rental agreements on a wide variety of assets including:

  • IT equipment – all types, including networking systems & Software.

  • Office equipment – printers, faxes, photocopiers.

  • Telephone systems and routers.

  • Security systems.

  • Medical equipment.

  • Industrial and processing equipment.

  • Forklifts.

  • The list is endless.

Benefits of Renting

Independence

AGM Finance. will finance any brand. This gives your organisation the flexibility to choose your suppliers, and the freedom from being captive to any one traditional provider.

Flexibility

Equipment Rental Plan allows you to upgrade or add new equipment throughout the period of the agreement, enabling you to keep abreast of technological or operational changes without being locked in by existing arrangements. At the end of the term of the agreement, you have several options. You can:

  • Upgrade the equipment under a new rental agreement.

  • Continue to rent the equipment on a casual basis (i.e. quarter by quarter or month by month).

  • Rent for a further specified term (e.g. 1 year) at a reduced rental.

  • Return the goods with no further obligation.

  • Offer to purchase the goods.

Attractive Cost of Funds

Our Equipment Rental Plan rates are always competitive, and in fact frequently lower than traditional forms of funding.

Better Utilisation of Capital

Renting allows you to invest capital in the more profitable areas of your business, rather than in equipment that has a limited useful life with little or no resale value.

Smooth CashFlow

Rental payments are fixed, which enables you to plan your future cash flow with confidence. There is no lump sum outlay that is normal with Capex funding.

No Ownership Burden

Residual value investment transfers the risk of ownership to the financier and lowers the cost of funding your equipment requirements. Renting removes the inconvenience and cost of disposing of assets that are past their useful life. Renting also avoids the escalating maintenance costs for assets that are outside their warranty period.

Improved Asset Management

Renting mitigates obsolescence risk allowing you to keep pace with technology, plus provides rigour in allocation of resource and a co-ordinated procurement approach.

Can be Tax Effective

Rental payments can be tax deductible. Please contact your accountant for tax advice.

Sale & Buyback Finance

If you’ve paid cash for your vehicle or equipment within the last 3 month and your accountant advises that finance would have been a better option, don’t worry it’s not too late to enter into finance arrangement.