New rental option for equipment hire

Sarah Stowe

Commercial equipment finance company GoGetta Equipment Funding has responded to feedback from business owners and introduced a rental solution offering flexibility and affordability in the rent to own equipment market.

The new go.Own.plus rental solution caters for a number of industries, including transport, fitness, construction and earthmoving, plumbers, butchers and bakeries.

GoGettaÕs national sales manager Kelvin Marks said the company is expecting a 20 percent take up of the product by existing customers in the first 12 months.

“Go.Own.plus offers customers greater flexibility than current rent to own equipment products by giving them a choice of switching from a 12 month rental contract to a 36 month rental contract at the end of the first year. Rental payments are then reduced by up to 30 per cent but the positive tax deductable aspects are still retained.”

At the end of the three year rental term the customer may purchase, return or upgrade the equipment.

Silver Chef Limited, the parent company of GoGetta, was built on providing finance in a format and style that suited customers and their businesses. This is another initiative to help customers run successful businesses”, Marks said.