Renting Makes Business Sense
Benefits to Meet Your Business Challenges
Renting equipment – whether it’s short or long term – is a smart alternative to purchasing. Our team at Spartan will craft a tailor made rental option to suit your business. We also offer a host of Value Added Services, including:
- Procurement
- Installation
- Insurance with loan units
- Warranty Management with loan units
- Software Finance
- Asset Management
- Support
- Disposal of IT equipment
Cash Flow Conservation
When you place your essential equipment on a rental agreement, there’s no deposit required and no significant cash outlay from your cash flow. You can use your cash more effectively by investing it, rather than using it for business infrastructure. Get all of the IT you need right now and into the future and spread the payments across the useful life of the technology without crippling your business’s working capital.
Flexibility
A rental solution allows you the freedom to expand and grow your business as fast as you want to. Benefit from this flexibility when it comes to payments, upgrades and the addition of more technology to meet your needs.
Reduced Total Cost of Ownership (TCO)
Total Cost of Ownership should be calculated by all institutions. Even a single PC has cost factors associated with it (and one must be aware of the effect that purchasing has on the total cost of ownership). Managers are advised to use at least an average cost per computer to plan for expenses and also allow comparisons in the decision-making process.
Credit Line Preservation
Renting allows you to preserve the available credit from your bank for additional working capital, operations, expansion and acquisitions. When conducting equipment financing through your bank, you usually exhaust your available credit. This isn’t a good option for any business wanting to expand.
Easier Budgeting
Having the expenses amortised over the rental term allows your organisation to effectively budget over the term of the rental. This means that you always know exactly how much cash you have available each month and are able to better plan your finances. After all, efficient planning leads to better decisions and a healthy business.
IT Asset Lifecycle Management
Hardware and software assets are acquired and then, eventually, retired. A rental solution manages the lifecycle of the asset through Procurement, Deployment, Upgrades, Maintenance and finally, Retirement. This reduces your costs and risks, while increasing your service quality. Think of it as a cradle-to-grave service for your equipment.
Asset Management
Benefit from the enforced technology management system that results from a full service IT maintenance lease as well as the reduced costs and minimised risk associated with ownership and equipment disposal. Spartan understands the importance of asset assurance, which is why we also offer an asset tracking system so you know where your assets are at all times.
Why Rent?
Are you a CFO or IT Manager? Get to know the benefits of IT rental below to find out how you can reduce your overall costs and get the most out of your IT spend.
IT Benefits
- Fast delivery of equipment
- Current technology
- On-site support
- Flexibility – match computers to business needs
- Upgrade & add-on at any time
- IT departments can focus on core-issues
- Software on demand
Financial Benefits
- No large cash outlay
- No depreciation
- Hedge against inflation
- Improve against ratios
- Tax benefits
- Improve balance sheet gearing
- Free working capital
- Rental payments are flexible
- Asset tracking & asset management
- Administration time is slashed
- Reduced risk
