Rental Programs
Providing a finance
facility to your
customers offers
you a host of
advantages.
Here are just a few.
• You can market your business as a ‘one stop shop’
with the ability to provide a complete solution to
customers.
We can structure a finance program on an undisclosed
basis, so your business can benefit from providing a
seamless, end-to-end solution to customers. We can bundle
products and services such as installation, training,
maintenance, implementation and financing into one
convenient package.
• It can help increase your customer retention and
repeat business opportunities.
Could your business be losing sales because you
can’t offer a rental finance solution to your customers?
Many customers can’t afford to purchase the goods
they need up-front, and want the flexibility that rental
provides. If your business doesn’t provide a rental
alternative, you run the risk of customers choosing to
buy from a competitor that does.
• You can reduce the credit risk to your business. We
can finance up to 100% of the solution and take on
all credit risk. We also provide an extensive range of
back office functions – such as credit assessment,
documentation, settlements and account management – to support the program.
OUR FINANCE SOLUTIONS
Our rental programs are simple and
designed to help your clients take
advantage of the latest technology.
We offer terms of 12-60 months, with the
flexibility of three different end-of-term
options.
• Rental Program
This program offers all the convenience of a
complete bundled solution. Payments can be
structured to suit a range of needs.
• Master Rental Program
The Master Rental Program offers all the same
advantages as the Rental Program, but it also
allows for ongoing drawdowns under a master
facility.
• End-of-term options
At the end of term, your client has the flexibility
of three different options available to them:
continue to rent the equipment, return the
equipment to us, or make an offer to purchase
it (conditions apply). Contact us for more information.
FREQUENTLY ASKED CUSTOMER
QUESTIONS ABOUT RENTAL
Question
What will my rental payments be?
Answer
We can tailor a custom financing solution with
competitive, market-sensitive rental
payments to
meet the needs of your business. Contact us for more
details.
Question
Will my rental payment stay the same even if
interests rate rise?
Answer
We offer fixed-payment financing so your client will
know the total cost upfront, and this stays the same
over the term of the rental.
Question
What happens at the end of the rental term?
Answer
You have the flexibility of three different options
available to you at the end of the rental period: you
can continue to rent the equipment, return it to us
or make an offer to purchase it (conditions apply).
Contact us for more details.
Question
Can I add to the system during the rental term?
Answer
Yes – we make it easy for you to add to your finance
solution. Through the Master Rental Program there is
minimal additional documentation – just a one page
schedule. The additional financing can be structured
to end at the same time as your original rental, or at a
time that you request.
3 KEY BENEFITS TO YOUR CLIENTS
Renting can
also benefit your
customers.
Here’s how:
| 1 |
Your client can keep their
technology up to date.
Renting formalises your client’s asset
replacement strategy and provides
the flexibility for regular equipment
upgrades. This means your client
can always benefit from the latest technology. |
| 2 |
Your client doesn’t have to
worry about the risk of equipment
obsolescence.
Technology-based equipment
eventually becomes obsolete – all too soon it will no longer be
efficient or compatible with new
technologies. When your client owns
the equipment, they have no choice
but to take on this risk themselves.
With rental, however, the risk can be
transferred to us. |
| 3 |
Your client can free up their
capital.
Renting provides a cashflow-friendly
way of obtaining the latest equipment
without tying up capital, so your client
can use their funds elsewhere to
really benefit their business. We can
also provide the option of financing
their current equipment through a
sale and leaseback arrangement,
helping them release their invested capital. |
Could you be offering more to your customers?
Help your business get – and stay – in the
fast lane with a tailored financial solution from
Laurentide Equipment Rentals.
In today’s increasingly competitive environment, every business needs to find new ways to stay ahead
of the pack.
That’s where Laurentide Financial Services can help – we provide customised financial solutions to help
you offer more to your customers.
Use our solutions to increase sales to new and existing customers, expand your service offering, and
improve repeat business opportunities. What’s more, your customers will benefit from improved cash
flow to their business and access to the latest technology and the flexibility that only renting can provide.
No matter what business you’re in, we can create a financial solution that enhances it. That’s the
Laurentide difference.
ABOUT LAURENTIDE EQUIPMENT RENTALS
Laurentide Equipment Rentals is a division of Laurentide Financial Services, a specialist provider of asset finance
solutions. We offer a complete range of asset finance products for the financing of a wide range of business equipment.
Since our inception in 1988, we have grown to be one of the largest finance brokerages in Australia – with absolute
commitment to client service and our ability to consistently achieve the best financial solutions for our clients.
We look forward to assisting you and your customers with any asset finance requirements.
DOWNLOADS
LER Vendors Hanbook | Equipment Rentals Vendors Guide
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