Renting option allows you to protect your equipment against obsolescence. Required upgradation could be quick and at reasonable additional costs and without disposal related hassles.
Unlike other expenses such as salaries and utilities, rental payments are fixed and do not amplify overtime. This allows more precise profit and cash-flow planning.
Renting option allows you to conserve your investments for your core business needs rather than using those funds in the infrastructure required to run the said core business. Renting provides you with a supplementary source of funding, allowing you to preserve credit lines for other investment opportunities.
Equipment rented by you is not included as an asset in your balance sheet under this OPEX model. This may increase your borrowing capacity and improve key financial ratios such as debt-equity and return on assets.
Acquisition costs in opting for outright purchase get enlarged by costs of installation, deployment, decommissioning and trouble-shooting, etc. Renting option thus works out cost-effective, reducing the TCO.
Preferred option for Exhibitions, Presentations, Promotional Events, etc., or to meet sudden upsurge in workloads. Ideal for start-ups and new organizations during the establishment & debugging stage.
Renting is available for duration ranging from 1 month to as long as 3 years or more.