The Rent-Try-Buy Alternative is perfect for businesses who want to free up their finances, avoid Director’s Guarantees, and give themselves the ultimate flexibility to arrange their business the way they want.

Unlike leasing, you’re not putting your house on the line and reducing your ability to borrow. You’re also not locked into a four-year term that inflicts harsh penalties if you ever need to change your setup.
And, unlike buying your equipment outright, you’re not outlaying a huge amount of cash straight away.  You can minimise the cost to your business and retain the option to buy if everything works out for you.
In fact, you’ll discover that you can get all the flexibility of renting for only a few more dollars than if you’d purchased it in the first place!
That’s why the 24-month Rent-Try-Buy Alternative is so popular with people who don’t want to compromise on equipment quality, yet want to save money and increase the flexibility of their business setup.

Because rent is 100% deductible, it represents a 30% saving at company tax rate that’s a saving of 30% on rental payments made.
And, in the case of the example below, the real cost of holding the appliance is a low $400.
So, if you choose to buy your equipment after the first 24 months, you’ll discover you’ve really only paid a little more than if you’d bought the equipment outright in the first place.

Try out the Siver Chef online Rental Calculator to see how much you can save

The case for renting (as opposed to leasing)

If you’ve made the smart decision not to tie up capital in equipment, you now must weigh the option of renting against the more common financing option:  leasing.
While leasing may look like a good idea at first glance, you need to take into account the full impact leasing equipment will have on your business.
Leasing requires directors’ guarantees – which puts your personal assets (your home) on the line. Our rental agreement does not require directors’ guarantees.
A lease is a balance sheet item – which reduces your equity, your ability to borrow and, accordingly, your availability of working capital.  Rent is an off-balance sheet item (like salaries or electricity).  This means that rental contracts have no impact on your equity, or on your ability to borrow.
A lease requires a lot of paperwork and binds you into a four-year contract.  This contract makes it difficult to trade or sell your equipment when it comes time to upgrade yours.  A Rent-Try-Buy agreement involves minimal paperwork, meaning you can get the equipment you need immediately.