Rent to own or Lease Options

Rent to own

Like an operating lease you gain immediate use of the asset to start generating income, without impacting your cash flow. At the end of the lease period, rather than upgrading to new equipment, you simply make the last payment and you’ll own the equipment outright. 

Big benefits

  • Own the equipment: Ownership transfers to you on the last payment

  • Cash flow certainty: Affordable monthly payments

  • Free up working capital: Invest where your business can grow

  • Fast and easy application process: Application  can usually approve within few  hours. 

  • Ideal: For assets with longer usable life that are sensible to own

  • Software and services: Installation, software and servicing can be added to hardware so you receive just one simple monthly invoice

  • Flexible terms: from 12 months to 60 months, choose the term that suits your business

  • Leading suppliers: You choose the supplier to suit your business needs

Lease options

Whether you’re an established business or just starting out, Techmatics NZ provide lease options to suit your business. 

  • An equipment lease solution gives you the flexibility to add and upgrade equipment without accessing your capital.
  • From a financial perspective it helps you manage variability in your operating expense budgets, and helps with debt covenant and balance sheet covenant management.    
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  • From a risk perspective, the end-of-term risk is generally taken by the lessor, meaning your business doesn’t carry disposal risk and isn’t at risk of potential loss should the end of term market value of the equipment fall.
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  • From a day-to-day management perspective, you can benefit from the lessor’s buying power and fleet management capabilities.

How leasing works

Leasing is renting a piece of equipment for your business for a set period of time. Terms usually range between 12 and 60 months. Whilst the leasing company retains ownership of the equipment, you have exclusive use of the equipment for the agreed term of the equipment lease.

The benefits of an operating lease

  • Efficient use of capital, allowing you to invest in core business operations
  • There’s no obligation to purchase the equipment at the end of the lease
  • Maintenance options can be included, providing you with certainty for the term of the lease
  • Lease terms can be tailored to fit with your existing contracts, meaning you’re not at risk of owning mid-life assets at the end of a fixed term contract
  • Monthly payments are typically lower than traditional loans, resulting in a lower impact on your cash flow
  • Predictable monthly lease payments, allowing you to manage costs with certainty
  • Operating leases are not reported on the balance sheet, which allows credit lines to be maintained and capital to be utilised in other parts of your business
  • Lease payments are typically tax deductible
  • Doesn’t interfere with existing banking relationships
  • Fleet management by the leasing company is often an option