Innovative financing for equipment is where the customer obtains all the benefits of the use of the equipment without responsibility of ownership. This is not a loan with an interest rate, but a rental cost for use of the equipment. Repayments are normally 100% tax deductible. Rinkaz Rentals do not include telephone systems or fit-outs; there is a $15,000 inclusive of GST maximum payment.
GST is payable on monthly payments.
End of term options include:
- Return equipment to the financier, or
- Offer to buy equipment for one dollar.
