Asset Renting
Asset Renting
With changing times, the requirements of business are changing. Companies All Across the World are moving towards Asset Lite Model i.e. instead of buying the equipment / machinery with the available cash flow, companies prefer to rent out the same in a structured and organised manner.
Getting equipment on rent / lease reduces the burden of investing heaving amounts, or taking a huge loan which would attract interest and the loan also affects your credit line by reducing your credit limit
Business Attributes
- Use the asset to earn without investing in it.
- Liability in the company’s balance sheet.
- 0% risk of obsolescence for end users.
- Flexibility in rental schedule for genuine needs.
- Flexibility to upgrade your assets without any cash flow burden.
- As asset is on lease, businesses can avail tax benefits