Diamond Capital
Equipment Rental
An Equipment Rental is an agreement between a financier and a client whereby the financier buys the equipment on behalf of the client and rents it back to them over a fixed period.
Tax Deductible
Equipment Rental transactions do not appear on your balance sheet as a liability and are treated as an operating cost that is generally considered tax deductible.
Fixed Expenditure
By having fixed monthly equipment rental you are more easily able to mangage your cashflow.
Easy Upgrades
The Rental agreement allows you to rotate your equipment every 24, 36, 48 or 60 months enabling you to have the latest model upgrades without tying up working capital.
Why choose an Equipment Rental?
Keep Your Cash
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FAQ
Equipment Rental
When using an Equipment Rental, the financier buys the equipment on behalf of the client and rents it to them for fixed payments over a fixed period. The client simply makes fixed monthly rent payments, and at the end of the contract either hands back the equipment to the financier (with no more to pay), continues the rental agreement or buys the equipment outright at market value.
With an Equipment Rental the client can claim 100% of the rental payments as a tax deduction. This can be more tax effective than other forms of finance where depreciation plus interest costs are claimed.
Please check all facts with a professional and qualified Accountant or CPA