Flexible Rent-to-Own for Businesses
Get Your Equipment Today, Pay Over Time!
Immediate Access, Flexible Payments, No Hidden Fees

What is Rent-to-Own?

Rent-to-own is a flexible and cost-effective way to get the equipment you need without paying the full price upfront. Instead of buying the equipment outright, you rent it for a set period and make affordable monthly payments. At the end of the rental term, you have the option to take ownership of the equipment.

The Benefits

The Process

Stage 1

Quotation

Stage 2

Application

Stage 3

Agreement

Stage 4

Installation

Calculate Your Monthly Rental

Estimated Monthly Instalment:

  • All factors are linked to PRIME¬†
  • Factors are quoted in Advance (excluding VAT & Insurance)
  • A once-off administrator fee will be charged per contract
  • The above rates may change depending on your Credit Profile.

Frequently Asked Questions

A: You will need to submit the completed and signed rental agreement, our quotation, the last 6 months of bank statements, and your latest financial statements (if available)
A: The approval process usually takes 24-48 hours after you submit your application and documents.
A: Yes, there is a one-time administrator fee charged per contract.
A: Yes, if you are registered for VAT, you can claim VAT immediately. For example, if your equipment costs R100,000 and you are charged R15,000 VAT, you can claim the R15,000 VAT immediately instead of waiting until the end of the rental term.
A: The annual rental increase is the percentage increase in rent applied each year during the rental term, as agreed upon when you sign the lease. Choosing a higher percentage rental increase can result in lower initial monthly payments, making it easier to manage cash flow early in the rental period.
A: At the end of the rental term, you can choose to take ownership of the equipment or upgrade to newer equipment with a new rental agreement. If you choose to take ownership, there is an ownership fee equal to the value of three monthly installments.
A: Rentals are not considered loans and do not count as liabilities on your balance sheet, so they should not negatively impact your credit profile. However, the rates may change depending on your credit profile.

A: Rent-to-own requires no upfront deposit, whereas most traditional financing solutions require a significant down payment. Rent-to-own payments are fully tax-deductible, while traditional financing loan repayments are not typically tax-deductible. Rent-to-own spreads VAT payments over the rental period, whereas traditional financing may also spread VAT payments, but it depends on the specific financing terms. Rent-to-own rentals do not appear as liabilities on your balance sheet, while traditional financing loans are recorded as liabilities. Rent-to-own offers the option to take ownership or upgrade at the end of the term, whereas traditional financing means you own the equipment outright from the start. Rent-to-own has no balloon payment and an ownership fee of three monthly installments, whereas traditional financing may include a large balloon payment at the end

Happy Customers

Apply Now

Fill out the form to apply for our rent-to-own program. Our team will review your application and get back to you within 24-48 hours after submission.