RENTALS & LEASING
Vulcan Catering Equipment first for the Industry Complete Kitchen Equipment Rental.
- Annual escalation
- Capital expenditure
- Convenience to the user
- Cost effectiveness
- Cost in use
- Cost saving
- Ease of administration
- Ease of upgrade / replacement
- Upgrading equipment on lease and installment finance, involves cancellation, selling of equipment and possible settlement shortfalls. Upgrading on a rental allows for goods to be replaced by signing a schedule to the agreement. It also allows for the transfer of the settlement balance shortfall to amortised over the period.
- End of agreement options
- Flexibility
- Inflation hedge
- Off balance sheet
- Operating facilities with banks
- Psychology of use Preference over Ownership
- Tax advantages
- Technology
- VAT implications
- Examples