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Largest manufacturer of physical access control in Africa

Rentals

Turnstar offers a rental and maintenance service on all our products installed across South Africa.

A rental agreement offers a number of advantages over a cash purchase. A list detailing the different benefits follows below.

Ownership Ownership of the asset vests with the rentor at all times.
Company budget Rental payments are paid out of a company’s operating budget (OPEX). An operating expense entails days/weeks for approval. Capital expenditure (CAPEX) budget are only approved annually.
 Upgrading Renting allows for the upgrading, either by replacement or addition at any stage of the rental agreement without impacting on a company’s cash reserves
 Value added tax (VAT) VAT on a rental is deemed an input tax and may be offset against any output tax collected
 Income tax The asset need not be capitalised in the balance sheet and depreciated. Liquidity, profitability and solvency ratios are improved
 Financial resources Existing lines of credit are not utilised or affected.

 

Please contact a sales representative in order to discuss your requirements.