NetRent is a cost effective way to access the technology you need when you need it. An outright cash purchase can increase your financial debt, or significantly decrease your cash reserves and can often involve a lengthy internal approval process. Additionally, a cash purchase must be declared as a capital purchase in your annual accounts, providing limited financial ratio benefits.

By comparison, rental payments from netRent can be declared as an operating expense enabling you to minimise your initial cash outlay and more accurately budget periodic cash outflows. Typically, financial ratios such as Return on Equity (ROE) or Economic Value Add (EVA) will be much improved with the removal of technology assets from the Balance Sheet.

We recognise that technology is at the heart of a competitive advantage, yet everyday your capital expenditure budget is being stretched - requiring you to find a better solution to rapid technological changes. Businesses need relationships with someone who understands that technology funding should be flexible and as innovative as the technology it provides. Let us show you how we can integrate your business with netRent.

top

Benefits Of Renting

Enjoy the numerous benefits and flexibility offered under a netRent solution compared to traditional forms of finance such as finance lease or cash purchases.

netRent - Providing the following benefits to you:

• Total Flexibility
• Save Capital Expenditure
• Easy Equipment Upgrades & Add-Ons
• Improves Cash Flow
• Off-Balance Sheet
• Vendor Independence
• Maximise Return on Assets
• Cost Centre Accountability
• Ease of Administration
• A Total Solution

This table demonstrates the key benefits of rental compared to finance lease and cash purchase:

Benefit	Rental	Lease	Cash
Conserve cash - pay for use over time
Fixed regular payments
Reduce on-going paperwork - simple terms within a Master Agreement
Access to all asset types
Bundling of hardware, software, maintenance and services
Tailored Refresh Plan - upgrade more frequently
Greater flexibility - ability to exchange throughout the contract
Flexible end of term options
Reduces total cost of ownership

You get all the benefits with netRent. Contact us now.

top

netRent Master Agreement

netRent offers a single finance document for all technology requirements. Our netRent Master Rental Agreement (Master Agreement) allows us to tailor a financial solution for your business including hardware, software and services on a single document. The Master Agreement is a Terms and Conditions document that sets out "how" business is to be carried out between you and netRent.

Schedules are created that refer to the Master Agreement for every transaction that you wish to place under finance. Schedules determine the Rental Payment Amount and the Term associated with each transaction or project. Throughout the term of the agreement you can add or upgrade any of your technology requirements by simply adding a new Schedule, which is governed by the Master Agreement. This is a fast and efficient way to manage your technology procurement process.

Technology solutions made easy with the netRent Master Agreement. Contact us now.

top

netRent Sale & Rent-Back

netRent can purchase part or all of your existing technology and rent it back to you on a single netRent Master Rental Agreement for the remaining term of its agreed useful life. This means you can manage and replace all your equipment together for optimum productivity and cost-efficiency.

This service can provide an immediate cash injection by freeing up cash invested in non income-producing assets and also significantly improve your financial ratios. Cash flow forecasts for technology can become more predictable with regular planned rental payments.

By implementing a netRent Refresh Plan in conjunction with the Sale & Rent-Back it is possible to gain the full benefits of the netRent solution. Importantly, disposal costs become the responsibility of netRent.

Let us show you how we can integrate your business with netRent. Contact us now.

top

netRent Refresh Plan

Due to constant changes in business needs and in available technology, the optimal life cycle can be difficult to effectively manage. Replacing outdated equipment can also be a major drain on your cash flow.

To ease the burden, the netRent Refresh Plan offers you unique flexibility to upgrade equipment as required during the initial term of the contract. A netRent solution is the smarter way to keep up with constantly changing technology - keeping your business running at maximum efficiency. Unlike other rental finance or leasing arrangements your netRent solution allows you to continually update your equipment, limiting the risks linked to technology obsolescence, the cost of ownership and equipment disposal.

Your netRent solution will allow you to access new or used technology when required. Of course, you are also free to lengthen or shorten your rental contract if you wish.

To find out more about these asset lifecycle solutions, contact us.

top

End Of Term Options

At the end of your rental term netRent provides several easy options to meet the varying needs of your business:

• Return the existing equipment and upgrade to new technology

• Extend the rental agreement for a period of your choosing

• Purchase the equipment at a Fair Market Value

Return the equipment to netRent. There are no penalties or residual payments due, and netRent will be responsible for the disposal or re- marketing of the equipment.

top

netRent Audit Services

netRent offers Asset Audit Services through an outsourced partnership arrangement. An Asset Audit is a physical inventory or stock-take of your rented and owned assets that may be situated at a single or multiple sites. Typically it includes all IT assets, such as computers, monitors, servers, printers and software. It can also include any other equipment types such as furniture and fittings.

The methodology and scope will be agreed with you at the start of the project. The audit team use hand-held scanners to record as much or as little as you require. They place a unique barcode label on each asset, or record an existing barcode.

The benefits of an Asset Audit are:

• The reconciliation of physical assets to your Fixed Asset Register and rental transactions.

• The ability to allocate true costs to cost centres.

•  Loss prevention. Tracking the location and user helps you find assets at the end of term, and ensures you are using them efficiently.

top

Vendor Financing

netRent's ability to fund everything from small ticket transactions right up to major corporate and government clients make us the ideal partner for 'point-of-sale' sales-aid customer financing. netRent operates a number of vendor rental programs and welcomes enquiries to discuss options available.

Fill out our feedback form to receive more information.

top

netRent for Education

Today, a large number of Schools, Colleges and Universities use the smart option of renting their technology needs.

Renting provides a simple, cost effective method to spread the cost burden of keeping your technology needs at the leading edge.

netRent provides a solution that encompasses the entire lifecycle of IT product and services – not just a sale and walk away. 

Our cost-effective and flexible rental solutions provide a properly structured asset acquisition and management plan enabling you to fix an annual cost to your IT needs. This ensures a carefully planned term structure is implemented from the outset - e.g. correct timing of termination for quarterly term, thus ensuring maximum usage of equipment to coincide with returns and replacement (preferable for you, during school holidays). netRent recognises that IT Management is essential and, as an example, we can structure a replacement program that happens every year, so you will always have the latest technology and the oldest equipment will be 3 years of age.

A distinct advantage in using the netRent solution is that you maintain total flexibility with complete vendor independence allowing you to choose your preferred equipment and service provider without being tied down to any one brand of product. You can also take advantage of the netRent Refresh Plan to support any mid-term upgrade requirements.

Payments structures are flexible and may be tailored to suit your income stream, monthly, quarterly, or bi-annual.   

Want to know more on how netRent can assist you - contact us now.

top