Rental and Operating Lease
You've set ambitious goals.
Let us finance them.
Gain access to cutting edge equipment
Rental leases are a form of financing that allow businesses and individuals to access cutting-edge equipment without incurring the full cost of purchasing the equipment outright. Remain ahead of the curve by gaining access to the latest technology while also saving money.
Who should choose an operating lease
- An operating lease is suitable for businesses who want to use the asset for a specific period of time but do not want the responsibilities that typically come with ownership, such as technology obsolescence, and asset disposal. Leasing allows the customer to determine the lease term, with flexible end of lease options available, should their circumstances change.
- With an operating lease, we may consider financing related equipment soft costs, such as installation, delivery and software.
Rental and operating lease options
- Options can be tailored to suit your business
- Select a term from 12 to 84 months
- Choose to pay your repayments monthly or quarterly
Why choose an operating lease
- Operating leases allow businesses or individuals to use equipment for a specific period of time, after which they can choose to return the equipment, upgrade it to newer equipment, or purchase it.
- This provides greater flexibility when it comes to equipment needs, allowing businesses or individuals to adapt to changing situations or new technologies.
Asset lifecycle management
Owning and managing technology can be difficult and time-consuming. Our asset lifecycle management services allow you to refresh your hardware and seamlessly dispose of out-date equipment – enabling you to focus on what’s important.
Managed services
With deep expertise in technology finance, we understand the importance of providing managed service options ideal for businesses who require simple and flexible hardware and services solutions.
Complete finance solutions
Gain even more flexibility to tailor a finance solution to your business goals, with access to our escrow facilities, dial-up and dial-down options, sale-and-leaseback, and usage-based solutions.
Frequently Asked Questions
What assets can be considered for an operating lease?
There are many types of assets that our clients can obtain through an operating lease, including:
- Technology: Operating leases can be particularly beneficial for businesses that rely on technology that becomes outdated quickly, such as IT equipment, software, and electronic devices. An operating lease allows businesses to stay current with the latest technology and then upgrade at the end of the lease term.
- Heavy equipment: Heavy equipment such as construction equipment, vehicles, industrial machinery, can be expensive and difficult to maintain. An operating lease can provide a cost-effective way to access this equipment without incurring high upfront costs and include maintenance and repair service.
- Medical equipment: Medical equipment is often specialised, expensive and rapidly changing with new advancements. An operating lease can provide healthcare providers with access to the latest equipment without incurring high upfront cost and include maintenance and repair service.
- Manufacturing and production equipment: Operating leases can be beneficial for businesses that require specialised equipment for manufacturing or production, such as machines, robots, or other automated equipment.
- Office equipment: Office equipment such as copiers, printers, fax machines, can be expensive and difficult to maintain. An operating lease can provide a cost-effective way to access this equipment without incurring high upfront costs and include maintenance and repair service.
Does Vestone Capital offer sale and leaseback on assets?
Yes, Vestone Capital considers the sale and leaseback of certain assets up to 6 months old subject to meeting credit requirements.
We can also help with environmentally friendly asset disposal for older assets that you may have. To find out more, please get in touch with our team.
What are my options at the end of my lease term?
At the end of lease term, you have access to flexible options including:
- return the assets (subject to return conditions)
- extend the lease – either on a casual or fixed term basis
- purchase the equipment at Fair Market Value (as determined by Vestone Capital).
Will this leasing option align with my organisation's sustainability targets?
Vestone Capital’s Sustainability Committee is leading the way in making sustainable decisions for our business and customer product offering. An operating/rental lease offers customers a sustainable finance solution as it supports principles of a circular economy where assets are used by customers, returned to us at the end of lease and the life of the asset extended or responsibly recycled. This option assists our clients in decreasing their carbon emissions and e-waste that often ends up in landfills.
We also offer finance solutions for businesses looking to finance energy efficient and renewable energy assets such as solar panels, HVACs and EV charging stations.
Will this leasing option be tailored to my industry?
As the industries we work with are incredibly diverse, we offer tailored and flexible asset financing solutions to meet the specific needs and goals of our clients.