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 |