NEED THE EQUIPMENT TO TAKE ON MORE WORK?

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Rentquip Asset Finance

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NEED THE EQUIPMENT TO TAKE ON MORE WORK?

Rentquip helps South African businesses finance the machinery, vehicles and equipment they need according to your cash flow.

Whether you are increasing production, replacing old equipment, gearing up for a new or larger than normal contract or just trying to manage a cash-flow gap. Let us understand your business and needs so that we can help grow your business.

Got the work, and need the equipment? That's a conversation worth having.

A business lands a new contract. Orders increase. A machine starts holding production back. An opportunity arrives six months earlier than expected.

Those are good problems to have, but they still need solving. Buying equipment for cash may be possible, but will quickly drain working capital. Rentquip analyses your requirements and will craft a solution to match your cash flow.

How we can help you

What does your business need to grow?

Invoiced Asset Finance
Asset Finance

You need to buy equipment, but you do not want to take a large lump sum out of the business cash flow to do it.

Invoice Discounting
Rent-to-Own

You need the equipment now and want a structured way to use it while working towards ownership, subject to the terms of the agreement.

Purchase Order Fianance
Invoice Discounting

You have done the work and invoiced the customer, but your cash is still tied up for another 30, 60, 90 days or more.

Invoiced Asset Finance
Purchase Order Finance

You have won the order, but you need funding for stock, materials or other qualifying costs before you can deliver.

DON'T SPEND ALL YOUR CASH BUYING THE THING THAT'S SUPPOSED TO MAKE YOU MORE CASH.

Equipment has a job to do. It should help you produce more, take on more work, reduce downtime, improve efficiency or offer something the business could not offer before. Of course the purchase price matters. But there is another useful question to ask: what could the business do if it had the equipment?

Already found the equipment?

HOW IT WORKS

START WITH WHAT YOU NEED. WE’LL TALK ABOUT THE FINANCE AFTER THAT.

You do not need to diagnose your own finance requirement before contacting Rentquip. Tell us what is happening in the business. Maybe you need another machine. Maybe you have landed a contract. Maybe your customer is taking 60 days to pay. Maybe an old piece of equipment is holding production back.

That gives us somewhere useful to start

#1 Tell us about the deal

What are you looking to buy or fund? What does it cost? Why does the business need it? If you have a quote, invoice or purchase order, send it through.

#2 We analyse the business

The numbers matter, but so does the reason for the finance. We want to understand what the asset, order or working-capital requirement means for the business.

#3 We discuss the appropriate route

Depending on the requirement, the conversation may involve Asset Finance, Rent-to-Own, Invoice Discounting or Purchase Order Finance.

#4 Provide the required information

Once the transaction is understood, Rentquip can advise which supporting documents and information is required for assessment.

#5 Assessment and approval

The application is assessed according to the relevant requirements. If approved, the applicable terms, costs and conditions are provided.

#6 Put it to work

Once the required approvals, agreements and conditions are in place, the transaction can proceed according to the agreed structure.

DIFFERENT INDUSTRIES. DIFFERENT EQUIPMENT.

SAME COMMERCIAL QUESTION: WHAT WILL IT DO FOR THE BUSINESS?

A CNC router and an excavator have very little in common, except that both can be critical to the business using them. Rentquip works across a range of South African industries where access to the right equipment can directly affect capacity, productivity and revenue.

Mining

Mining and mining-support businesses rely on expensive, specialised assets. Financing qualifying equipment can provide an alternative to committing a large amount of working capital upfront.

Manufacturing

Additional machinery can increase output, remove production bottlenecks, reduce turnaround times and create room for more work. Rentquip can consider qualifying manufacturing machinery, CNC equipment, industrial printers and other production assets.

Agriculture

Agricultural businesses are equipment-intensive, while expenses and income do not always arrive at convenient times. Rentquip can assess qualifying agricultural machinery and equipment requirements.

Medical

Specialised equipment can be central to the services a practice or healthcare business provides. Asset Finance may provide another way to acquire qualifying medical equipment without paying the entire purchase price upfront.

Industrial

Engineering businesses, factories, workshops and specialist contractors depend on equipment every day. If the asset is important to how the business makes money, it is worth discussing how it could be funded.

Solar & Energy

Commercial solar and energy projects can involve significant upfront equipment costs. Rentquip can assess finance requirements for qualifying commercial solar and related equipment.