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
- End of agreement options
- In terms of the statuary requirements, a rental agreement continues indefinitely, but has a minimum period as described. It is possible for the equipment rented to be acquired at a nominal cost. It should be noted that there are Income Tax implications for the user in exercising this option. From experience we have found that most clients exercise the flexibility of the upgrade options and use the rental facility to maintain pace with technology rather than acquire ownership.
- Flexibility
- Inflation hedge
- Off balance sheet
- Operating facilities with banks
- Psychology of use Preference over Ownership
- Tax advantages
- Technology
- VAT implications
- Examples