"Benefits of Renting a Koffeeone Coffee Machine"
There are several ways in which to rent your coffee machine.
* Via a Finance Broker that submits your finance application to a non disclosed Financial
Institutions for the approval of an Operating Lease ( Rental )
* Via an approved Operating Lease ( Rental ) provided by a Finance Broker or a Financial
Institution with the Funder disclosed
* Directly from your coffee machine provider as a True Rental
The Benefits of Renting for your business.
Update and Upgrade
Generally purchasing corporate coffee machines and other capital equipment can be a frustrating experience - you spend thousands upfront only to have the equipment out-of-date or inadequate in a short period of time. Therefore the instrument of renting is a much better way to get the equipment you need. It allows you to preserve your capital, protect your cash flow and is 100% Tax deductible*. You can update, upgrade or add-on equipment without penalty and changes to your requirements can be made at any time through a simple contract variation, often without increasing monthly payments.
Manage your Cashflow, Preserved Capital
With a Rental agreement , your capital and existing lines of credit are conserved for core business requirements. Rental does not impact your ability to borrow from your bank when you need it*. In addition, A Rental provides the security of a predictable monthly payment with no residual value liability - you have the equipment you need, at a constant known cost.
Tax Advantage
Since the equipment is funded as an operating expense, it does not appear on your company's Balance Sheet and all the Rental payments are treated as a 100% tax-deductible* expense when the equipment is used for business purposes.
End of Term Options Without Commitment
At the end of the Rental term, you have a number of choices. You can purchase, extend your agreement, upgrade or return the equipment - allowing you to chose the best fit for your business. One of the more popular options is to constantly upgrade their equipment, thereby maintaining predictable monthly payment levels, and allowing them to stay current and competitive. You need to take care however as most rental agreements have an end of term requirement for you to notify your Financial provider in writing at a specified time during the agreement to avoid an automatic increase to the term of the agreement. This clause is referred to in the finance industry as an Inertia Clause and can be a trap for non experienced.
NOTE : Koffeeone does not subscribe to this clause and will notify you the end of your rental term to assist you in making a well judged decision on your requirements.
At Koffeeone we make it easy as possible for you and your business.
Koffeeone has partnered with some of the largest Financial Institutions in the country to make the process of renting your coffee machine simple, efficient and cost effective. Koffeeone will provide you with a written rental quotation that has no hidden costs, no nasty clauses and includes full warranty and Preventative Maintenance for the term of the rental agreement with no additional charges*. Koffeeone places no penalties on you should you choose not to use our coffee, we do however have many fabulous coffee's specifically roasted to compliment our machines. Koffeeone is well respected for our commitment to the non compulsory acquisition of our coffee with your rental agreement. Many coffee suppliers do have a compulsory coffee purchase criteria in their rental agreements and on occasions will include the coffee purchases in the terms of ongoing warranty.
*Please see your financial advisor or accountant for further information. Further verification should made directly to the Australian Taxation Office. Subject to Terms and Conditions, finance based on acceptance for approved applicants.