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.