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
- Flexibility
- Inflation hedge
- Off balance sheet
- Subject to the compliance with the off balance sheet requirements of accounting practice code 105, a rental facility has no impact on the users balance sheet. As the user is merely paying for the use of the equipment rented (an operating expense) the rental need not be recorded as a liability, nor need the assets be maintained in theusers asset register. As the facility is off balance sheet, ithas no impact on the users other financing facilities.
- Operating facilities with banks
- Psychology of use Preference over Ownership
- Tax advantages
- Technology
- VAT implications
- Examples