FINANCE MODEL

When it comes to acquiring equipment for your business we’re sure you’ll agree: Partnering with RentWorks is the intelligent choice.

Maximise your purchasing power

Using rental finance to pay for assets and technology is a great way of maximising your purchasing power and obtaining the equipment you need without a large outlay of cash.

Avoid obsolescence

Rental helps you hedge against obsolescence because we invest our own equity as an upfront residual component into every transaction. We also let you replace or upgrade the equipment both during the agreement.

Limit losses

We have market leading software that can trace your assets during the rental term, ensuring accurate end-of-term returns and reduced losses.

Disposal

When your rental agreement ends, we assume responsibility for the disposal of each asset, at our own risk.

BENEFITS

Superior business case to ownership
Best finance options available
Reduce total cost of ownership
Avoid obsolesce
Optimise your cash flow
Choose any brand and asset type
Online contract management and asset tracking solutions
e-Waste disposal

WHAT WILL I NEED?

QUICK CHECK

  • Turnover over R2mil
  • Company trading more than 2 years
  • Latest signed audited financials

LIMITED ENTITY (Ltd)

  • Signed Business Application form
  • Quotes from supplier (SPL Audio)
  • Link to latest financials or copy of latest publically available financials
  • Link to latest quarterly results or copies of latest quarterly results, if financials are stale

PRIVATE ENTITY (Pty) Ltd

  • Signed Business Application form
  • Quotes from supplier (SPL Audio)
  • Latest signed audited financials
  • Signed Management Accounts (balance sheet & Income statement), if financials are stale
  • 3 months bank statements (negotiable dependent on size of entity)
  • Confirmation of Shareholding

CLOSED CORPORATION (CC)

  • Signed Business Application form
  • Quotes from supplier
  • Latest signed audited financials
  • Signed Management Accounts (balance sheet & Income statement), if financials are stale
  • 3 months bank statements (not negotiable)
  • Signed Assets and Liabilities OR latest signed audited financial statements of Shareholders Confirmation of Shareholding