Equipment Leasing
We’ve created a turnkey solution to finance and manage a spectrum of standard and specialised equipment be it IT, Yellow Metal, medical equipment, motor vehicles, trucks, etc.
Whether you are cash rich or follow a conservative capital expenditure model, with our leasing solution, your organisation can gain access to the equipment and tools it needs to improve business operations without the burden of the full, up-front cost.
Yellow Metal
Access to funding in the construction and mining industry is often hard to come by. Securing credit for expansion or purchasing new equipment is a challenge for both large and small businesses. Added to this, the obligations set by the Mining Charter may create compliance complications.
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Leasing Yellow Metal equipment makes a lot of sense. It doesn’t require large sums of cash upfront, making it easier to keep your cash flow under control.
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Payments are spread over the leasing term so that you can generate income to cover your costs.
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In addition to saving you costs, InnoVent’s leasing solutions simultaneously assist with some of your mining charter objectives.
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We are a Level 1 BEE company, which means that in addition to claiming BEE Procurement at 135% as you will now be paying InnoVent instead of your equipment supplier, your procurement spend qualifies as local procurement, regardless of where the underlying assets have been sourced from.
As a vendor agnostic leasing partner, you can access any equipment you need from your suppliers of choice, matched with the best financial solution
Medical Equipment
As a result of the high costs of medical equipment, many South African medical facilities have outdated equipment, much of which needs to be upgraded to newer technology. Hospitals and practices that own their machines often struggle to recover from the initial capital outlay, and when the time comes to upgrade the equipment, they do not have the resources to do so.
This is why leasing the equipment would be a viable alternative.
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Leasing allows healthcare facilities to obtain the latest in new technology and equipment that could be expensive to acquire considering the huge capital outlay required upfront.
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Financially, hospitals and practices will now be in a position to acquire the equipment they need at affordable rates, spread out over the leasing term.
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Not only does leasing help healthcare facilities keep up with changing technology, but it also offers multiple benefits when the leasing term comes to an end, which includes upgrades, renewals, purchases, or returns.
With hi-tech medical equipment, the initial CAPEX investment can often be a deterrent. Leasing is the ideal solution to help healthcare providers stay within budget, beat inflation, and avoid having obsolete equipment.
Company Vehicles
Avoid the need for drastic and heavy investment in motor vehicles for your company by taking advantage of our asset leasing solutions. We will provide your company with affordable motor vehicle finance, which will easily fit into your budget. With our simple solution, you can obtain vital assets for your business and pay for the investment over time.
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We acquire the vehicles on your behalf and lease them out to you.
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Over the agreed period of the lease, you will be able to make full use of the assets while you make quarterly installments.
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Leasing also allows our customers to easily upgrade their vehicles that have reached a certain age or mileage.
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Our upgrade facility allows for new vehicles to be added during the life of the lease or afterward to ensure that you are always operating an updated and reliable vehicle fleet.
Specialised Assets
Access to finance for certain specialised equipment can be difficult to obtain. The more specialised and specific an asset is, the harder it is to finance. With our leasing model however, you can acquire the much needed equipment today.
The substantial amount of investment required is why leasing is such an attractive option.
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It drives down the large upfront cost into manageable quarterly payments, making budget management easier and removing the need to pay out a large sum of capital outright.
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With our 19 years experience in financing and managing a spectrum of equipment, we understand your specialised equipment needs and we can provide you with individually structured agreements for the desired equipment.
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We can help your business to develop by providing you with new corporate assets, replacing any old equipment that is causing problems and slowing business down.
