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Finance Options

Rent It Today calculator

 There's no need to outlay cash that could be put to better use improving your business. Why not rent your catering equipment from Caterlink? Choose from a large range of the world's best brands and keep costs down.

Rent the catering equipment you need today and enjoy fully tax-deductible monthly repayments. By renting the latest equipment, you can keep up with expanding business demands and ensure that the equipment has the capacity to meet your future requirements.

Commit to 12 months rental, and at any time you have the option to purchase the equipment at an agreed price. Up to 75% of rent paid will be credited towards the purchase price - or you can simply continue to rent the equipment.

Greater flexibility, financial certainty and no large upfront payment ensures you can change, upgrade, recapitalise and reinvest when you want to.

Download Rent It Today Brochure

  • Rental payments are an expense item for reporting purpose and are 100% tax deductible
  • The renter has no residual responsibility to Caterlink for the value of the equipment at the end of the rental
  • Assets and associated debt liabilities are off the balance sheet
  • Improved working capital, gearing and return on your assets
  • Rental hedges against technology obsolescence

With greater flexibility, financial certainty and no large upfront payments, you can change, upgrade, recapitalise and reinvest when it suits you. Caterlink finance spells success for your business.

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Rental Calculator

What is the interest rate? 

Unlike a loan, no interest is charged because you are paying for the use of the equipment over a fixed term. You are not repaying a loan.

What if I want to upgrade to new equipment during the rental term?

That's OK. We simply adjust the rental agreement to incorporate the cost of the new equipment and establish a new term.

Are payments tax deductible?

Yes - up to 100%, depending on the portion of usage for the business. Tax advice from your Accountant should be sought before any decision to rent.

What happens when something goes wrong with the equipment?

All repairs and breakdowns are serviced by Caterlink during the term of the contract. This is carried out during normal business hours, service and travel charges may apply in specific situations. Bench top equipment to be returned to Caterlink at Renters expense Please call us to discuss your requirements.

Can I add on equipment to my existing rental agreement?

Organising additional equipment can be arranged quickly subject to approval. As we already have your financial details these are generally easily approved.

Do the rental payments include insurance?

It is the responsibility of the customer to ensure the equipment is insured at all times. Please contact your insurance company to make these arrangements before taking possession of the goods.

Who owns the equipment?

Caterlink does. You are only paying for the usage of the equipment during the agreed term.

What happens at the end of the rental term?

Return: Return the goods at no charge or residual responsibility. Upgrade: Upgrade to new equipment. Rent: Continue to rent on a month to month basis. Buy: Buy out the goods at the agreed cash price and receive a 75% rebate of the rent paid to date (maximum rebate of 90% of value of goods).

Can I cancel and hand back the equipment before the end of the term?

If you return the equipment before the end of the term, you must pay for the balance owing. Most clients prefer to upgrade to new equipment and take out a new rental agreement.

Is there a minimum amount required to rent?

The total minimum amount required for a rental agreement is normally $1000.00 + GST, however this can be for a package of smaller equipment totaling $1000.00 +GST.

 

For all rentals please read the terms and conditions. The terms and conditions can be viewed here:

Download Terms and Conditions