Rental:

A contract giving the customer possession and use of the equipment for an agreed period of time with the equipment being owned by another party, in return for monthly rental payments. The term for the contract is normally one to five years. Upgrade options are always available, and you won't be trapped trying to sell-on used and obsolete equipment.

Lease to own:

A contract granting the customer the right to possession and use of equipment during the term of the contract at the end of which the title of the equipment will pass to the customer. The contract term is for one to five years with a deposit equivalent to GST normally payable. Leasing means manageable monthly payments rather than a large up-front outlay for business equipment - freeing up capital for other applications. At the end of the lease term, you own the equipment. Depreciation and interest charges are tax-deductible*, so that long-term plan for an increase in business output can start right now.

The benefits at a glance:

• Business at full speed with the latest, most efficient technology
• No worthless old equipment to hold you back
• Grow your business quickly by seizing opportunities without tying up capital or seriously affecting cash flow
• Respond to change and diversify into new areas of business, without worrying about how to fund the growth
• Accurate forecasts of outgoings
• Improved cash flow
• Leases can be tailored from 12 to 60 months
• Capital is freed up

The application and approval process is quick and easy, have a look at the lending criteria and choose one of these three simple options below.