A Turn Key Solution
Long Term Rental product from MicroHire can also provide you with a cost-effective solution for your business I.T. needs. This product can simplify a number of areas in your business as well as providing numerous benefits.
IT Procurement
What is the true cost of financing both the acquisition and maintenance of your equipment? Total cost doesn't end with the payment of a purchase price, nor the monthly instalment on a Finance Lease! Factors such as maintenance, replacement costs, upgrade costs and many others are often neglected when calculating the entire cost of operating equipment over its useable life-span.
Long Term rental can free your working capital, leaving it available for use in opportunities that will help to grow your business, rather than being tied up in infrastructure requirements.
Asset Management
MicroHire handle the management of the rented equipment, freeing your time from the burdens of purchasing, sale, replacement, upgrades, maintenance and asset tracking.
But this is only a small part Asset Management. MicroHire can provide assistance to you in developing a program of Asset Management which can apply to many areas of your business.
An essential part of Asset Management is maintenance. The Long Term Rental package can easily include a full IT support structure, including:
- Software Upgrades
- Regular System Checks & Maintenance
- Back-up Systems Server / Network Administration
- Anti-Virus Processes
- Connectivity Arrangements
By out-sourcing your IT administration tasks, the burden of striving for satisfactory system operation can be substantially reduced in your business.
Taxation Benefits
Under current Australian tax laws you may also derive a tax advantage by renting equipment. We suggest you contact your accountant for more information on tax guidelines.
Financial Benefits
By renting you remove the equipment from your balance sheet, as opposed to equipment acquired via outright purchase or finance lease. This helps you maximise your return on existing assets, as these assets do not increase.
There is no large residual or balloon payment required on obsolete equipment, as can be the case in a Financial Lease arrangement.
MicroHire determine the cost of Long Term Rental payments against our assessment of your credit rating, so we can offer payment structures competitive with current lending rates.
UPGRADES
And when it comes time to replace your obsolete equipment, will your cash-flow be sufficient to support your needs? By having a Long Term Rental arrangement in place you can add to your equipment needs by following the upgrade path inherent in the equipment itself.
You can also alter the term of the rental contract, should your financial or technological needs change. This gives you the freedom to re-structure your payments around your financial situation, as well as ensuring the equipment fulfils your needs.
Long Term Rental - A Turn Key Solution
Flexible Terms
Rental arrangements can be made for between one and four years.
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