Technology Finance Solutions
Wouldn’t it be comforting to know that you are not locked in to a hire purchase agreement for office equipment and assets? Or better yet, knowing that you can upgrade to the latest technology without any hassles, ensuring the smooth and optimal running of your business.
At Absa, we strive to provide you with technology finance solutions so that the procuring and financing of the right equipment for your needs, will be the least of your worries.
Renting is a fixed periodical return made between you and a supplier for the use of property, equipment or assets and the use thereof.
Choosing this solution will be viable, if your equipment or assets:
- Is only needed for a specific time period or project
- Loses value over time or becomes outdated
- Is specialised
- Can be linked to income generation and is part of your daily operations
How will you benefit by renting?
- Renting allows you to stay abreast of the latest technology available. When the agreement comes to an end – you can simply replace or upgrade your technology, equipment or assets;
- Renting is cost effective for your business. It allows you to stretch your current budget further, as you only have to cover the periodic rental payments. It also enables you to fix your equipment costs with regular, predictable payments.
Absa’s Rental Finance Solution finances the asset, equipment and technology needs of small, medium, large and corporate clients by establishing strong relationships between you and suppliers
Get access to working capital with customised rental agreements through Absa’s Rental Discounting