FTS allows you to build up equity in your equipment and ultimately grow your company. The renting-with-a-view-to-buy strategy has become a potent tool for businesses across a range of industries.
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Cost Efficiency
Businesses can more effectively utilise their financial resources by renting equipment rather than purchasing it. Companies might divert resources to other crucial areas like marketing, expansion, or staff instead of making a big upfront investment in those areas.
Flexible
The capacity to immediately modify your equipment inventory can greatly improve your operating efficiency, whether you’re scaling up during high seasons or shrinking during lean times.
Variety
You are not constrained to a certain kind of equipment. You have a wide range of options at your disposal, and each one has the potential to improve your business operations. This enables companies to allocate their financial resources as they see fit.
Access to the Latest Technology
Businesses may get the most cutting-edge technology without having to worry about obsolescence by renting equipment. By avoiding the difficulty and expense of acquiring and maintaining depreciating assets, you may benefit from advances, boost productivity, and keep a competitive edge.
Risk Mitigation
You can reduce the risk of unforeseen maintenance expenses, equipment depreciation, or market volatility by first renting the equipment. By doing so, you may concentrate on your primary business activities while lowering the potential financial risks associated with equipment ownership.
Path to Ownership
You can decide to change your rental agreements into ownership as your firm expands and becomes more stable, thereby accumulating equity in your equipment. This strategy preserves your financial flexibility while providing a clear path to asset ownership.
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*Disclaimer
This is a presentation of the available tech products, subject to availability, with similar product choices available to the consumer after that.