Thinking about buying your next storage solution? Not sure what will bring the best outcome? The next time you are looking for a shipping container for sale, why not consider hiring?
Our product specialists have devised a list of the top 8 reasons why you would hire a shipping container over purchasing it outright:
1. Preserve Your Cash Flow
With leasing, you need only a minimal initial investment to get the equipment you need – and you can comfortably spread your payments out over time. This allows you to preserve your working capital to re-invest in what you do best and grow your business faster.
2. A Known and Fixed Cost
Leases are usually written on a fixed rate basis, with the rentals being predetermined and fixed for the term of the lease. This allows more accurate rate and cash flow planning. Fixed Term lease payments also provide a hedge against inflation, as the rentals are fixed at today’s prices.
3. No Risk of Obsolescence
Leasing gives you the access to the latest designs and technology because we are at the forefront of product development, so you get the benefit of our experience and product knowledge.
4. Increase flexibility
Your equipment needs will grow and change along with market fluctuations. With equipment leasing, you have the option to take on equipment as required and match the term to the duration of your existing customer contracts. That’s where an equipment lease makes total sense, as it gives you the ability to increase, extend, or just return the equipment.
5. Lower your risk
Some lease agreements cover certain repairs, upgrades, maintenance and freight, so you may not face the same out-of pocket expenses and time hassles you’d have with ownership.
6. Let SCF manage the residual value risk
Why take the risk of what to do with surplus equipment and have the headache of trying to sell assets you don’t need any more?
7. Tax Deductions
Lease rentals are considered as an operating cost, which means that it is often possible to deduct them from taxable profits (as a trading expense).
8. Easy Approval
Avoid the strict requirements and long wait associated with traditional financing from the bank. Leases are usually easier to obtain and have more flexible terms than loans for buying equipment. Our application takes only a few minutes to complete. You can be approved within 24 hours and get the equipment within a week (subject to availability).
Still not convinced about the benefits?
Get in touch with us to find out more about the benefits of hiring – 1300 637 789 or email@example.com