Gym Equipment Rental

/Gym Equipment Rental
Gym Equipment Rental 2016-11-03T23:13:31+00:00

GYM EQUIPMENT RENTAL OPTIONS

Download our application form here, complete and either email or fax to our Finance Department.

DOWNLOAD CREDIT APPLICATION FORM

Email: info@gymequipment.co.za
Fax: 086 683 6873

  • Rentals can be tailored to your individual needs. We can use annual escalation in line with inflation and reduce the initial rentals.
  • Rentals are 100% tax deductible .
  • You will be entitled to deduct VAT paid from VAT collected , which will result in a major saving.
  • As rentals are an operating expense and not a capital expense , they are not governed by capital expenditure budgets.
  • Software can be included on rentals but not on a lease.
  • Further on-going sales are secured by the inclusion of a simple upgrade option free of additional VAT on the original equipment
  • No deposit is required on a rental agreement.
  • As rentals are totally off balance sheet – your equity , current and return on assets ratios are improved and unlike a lease do not have to be capitalised.

Requirements for rentals:

We can assist any company that has been in business for 2 years or longer, Individuals have to be directly involved within an entity.

To support the credit application from the following documents are required:

  • Latest audited financials of client
  • Copy of ID Principal
  • Copy of ID Chairperson of Governing Body
  • Company letterhead
  • Cancelled cheque
  • CK Docs
  • Full set of company registration documents