For the same reason you don’t pay your mobile phone bill 3 years in advance,
you don’t pay your electricity  3 yrs in advance and you don’t pay your staff 3 yrs in advance, so why would you pay cash upfront for equipment that delivers value over time.

Why tie up valuable capital by owning equipment that rapidly depreciate in value
and require replacement every few years? RentIT instead, spreading the cost over their useful life.  
Keep up with technology, save time and money, and make better use of capital with RentIT

RentIT enables you to upgrade or add new equipment throughout the period of the agreement, so you can keep abreast of technological or operational changes without being locked in by existing arrangements. For example, if you are 12 months into a 36 month rental contract and need a new laptop, we’ll take the old one back and provide you with the new laptop of your choice. If the laptop is a similar price as the old one, the monthly repayments don’t change. The rental contact continues for 36 months.

At the end of the term of the agreement, you have several options. You can:

Upgrade the equipment under a new rental agreement

• Continue to rent the equipment on a casual basis
• Rent for a further specified term at a reduced rental
• Return the goods with no further obligation

Fed up with waiting in telephone queues? Dread hearing recorded messages like “please enter your customer number and an operator will be with you shortly”? RENT IT has experienced representatives throughout the country to provide prompt and professional assistance with no telephone queues. If the equipment is damaged or stolen, we will replace it as part of the rental contract* (conditions apply).

Renting allows you to deploy capital in the more profitable areas of your business, rather than in equipment, that has a limited useful life with little or no resale value.

Renting means there is no lump sum outlay that is normal with capex funding. Also rental payments are fixed, so you can plan your future cashflow with confidence. 

Contracts that lock you into maintaining old equipment cost much more than the monthly repayment, they cost market share. Renting mitigates obsolescence risk allowing you to keep pace with technology, and ahead of your competition.

When you acquire equipment and the goods are used to earn assessable income, both the interest paid and the depreciation of the equipment may be tax deductible. For example computer equipment with a purchase value of $5,000 rented over 36 months after typical company tax deduction of 30% is applied will cost the business approximately $4,238.00.

RentIT provides an innovate equipment rental credit line that delivers all the advantages renting with none of the fees typically associated with credit lines. In addition it delivers the convenience of not have to submit balance sheets and P&L’s as part of a finance application each time business requires new equipment or upgrades.

Depending on your requirements Rental Credit Lines of $20,000 - $200,000 can be established that allow the business to grow as needed, only pay for what you use and better manage cash flow.

Business owners can purchase equipment from any number of suppliers by drawing down on Rental Credit Line with a simply phone call to Rent IT.