
Should You Sell Your Old Truck and Get a New One?
Is your old truck’s performance letting you down and affecting your work? Do you visit the workshop more often than you’d like? Maybe it’s about
Why tie up valuable capital in owning assets that rapidly depreciate in value and require replacement every few years? Rent them instead, spreading the cost over their useful life. Keep up with technology, save time and money, and make better use of capital with an Equipment Rental Plan. AGM Williams can provide rental agreements on a wide variety of assets including:
IT equipment – all types, including networking systems & Software.
Office equipment – printers, faxes, photocopiers.
Telephone systems and routers.
Security systems.
Medical equipment.
Industrial and processing equipment.
Forklifts.
The list is endless.
Why tie up valuable capital in owning assets that rapidly depreciate in value and require replacement every few years? Rent them instead, spreading the cost over their useful life. Keep up with technology, save time and money, and make better use of capital with an Equipment Rental Plan. AGM Williams can provide rental agreements on a wide variety of assets including:
IT equipment – all types, including networking systems & Software.
Office equipment – printers, faxes, photocopiers.
Telephone systems and routers.
Security systems.
Medical equipment.
Industrial and processing equipment.
Forklifts.
The list is endless.
Independence
AGM Finance. will finance any brand. This gives your organisation the flexibility to choose your suppliers, and the freedom from being captive to any one traditional provider.
Flexibility
Equipment Rental Plan allows you to upgrade or add new equipment throughout the period of the agreement, enabling you to keep abreast of technological or operational changes without being locked in by existing arrangements. At the end of the term of the agreement, you have several options. You can:
Upgrade the equipment under a new rental agreement.
Continue to rent the equipment on a casual basis (i.e. quarter by quarter or month by month).
Rent for a further specified term (e.g. 1 year) at a reduced rental.
Return the goods with no further obligation.
Offer to purchase the goods.
Independence
AGM Finance. will finance any brand. This gives your organisation the flexibility to choose your suppliers, and the freedom from being captive to any one traditional provider.
Flexibility
Equipment Rental Plan allows you to upgrade or add new equipment throughout the period of the agreement, enabling you to keep abreast of technological or operational changes without being locked in by existing arrangements. At the end of the term of the agreement, you have several options. You can:
Upgrade the equipment under a new rental agreement.
Continue to rent the equipment on a casual basis (i.e. quarter by quarter or month by month).
Rent for a further specified term (e.g. 1 year) at a reduced rental.
Return the goods with no further obligation.
Offer to purchase the goods.
Our Equipment Rental Plan rates are always competitive, and in fact frequently lower than traditional forms of funding.
Renting allows you to invest capital in the more profitable areas of your business, rather than in equipment that has a limited useful life with little or no resale value.
Rental payments are fixed, which enables you to plan your future cash flow with confidence. There is no lump sum outlay that is normal with Capex funding.
Residual value investment transfers the risk of ownership to the financier and lowers the cost of funding your equipment requirements. Renting removes the inconvenience and cost of disposing of assets that are past their useful life. Renting also avoids the escalating maintenance costs for assets that are outside their warranty period.
Renting mitigates obsolescence risk allowing you to keep pace with technology, plus provides rigour in allocation of resource and a co-ordinated procurement approach.
Rental payments can be tax deductible. Please contact your accountant for tax advice.
If you’ve paid cash for your vehicle or equipment within the last 3 month and your accountant advises that finance would have been a better option, don’t worry it’s not too late to enter into finance arrangement.
We shop for the best interest rate so you don’t have to. It’s part of our duty to ensure that you are receiving the best pricing possible.
We shop for the best interest rate so you don’t have to. It’s part of our
duty to ensure that you are receiving the best pricing possible.
Is your old truck’s performance letting you down and affecting your work? Do you visit the workshop more often than you’d like? Maybe it’s about
Apart from the many disruptions to our lives, COVID taught us many things. The Transport & logistics industry was tested in ways we’d never seen
The coronavirus pandemic has bought plenty of changes to the world of trucking. From the type of haulage, how businesses operate, and the day-to-day working