RentWorks Choices. RentWorks Flexibility.
The RentWorks Exchange Plan allows you to change your equipment without increasing
your costs. It’s a flexible acquisition and payment facility that begins with you
choosing the equipment you need.
RentWorks will then purchase the equipment from your chosen vendor and rent it to
you for the negotiated term at a fixed rate, in fixed instalment payments.
Technology refresh...
The objective of the Exchange Plan is to give complete flexibility and thereby allow
you to manage assets which no longer meet your requirements. With a simple transparent
pricing and planning mechanism, the RentWorks Exchange Plan allows you to keep abreast
of technology and ahead of competition with an orderly, flexible replacement program.
While your payments stay the same
You can replace a percentage of your original rental equipment with new equipment
at different stages of the term. You can replace your existing technology with equipment
of the same value without an increase in your payments; just a proportional increase
in the length of the rental term. The replacement equipment you wish to take on
is expressed in rand terms as an “available spend” at any given point in time.
An Example of how your Exchange Plan can work for you over time
Starting with a 3 year Retal Agreement
These figures are based on a contract start payment and full utilisation of the
exchange plan. The amount available for exchange could vary with changes in interest
rate.