Rent To Own
Also known as “Rental”, the lender has ownership of the equipment and rents to the client. Rental repayments can be structured to suit individual client circumstances. At the end of the rental term the client can hand the equipment back with no more to pay, or purchase the equipment at an agreed price – which may only be a nominal amount, subject to the previously agreed rental structure. All rental repayments are fully tax deductable, subject to Client qualification with the ATO.