Sell and Rent Back

Do you have existing technology stock? RentWorks Sell & Rent Back is designed for corporations that have an existing inventory of IT equipment. Is your technology old? Do you want to standardise? Perhaps you need to conform to global corporate policy requirements. Whatever your reasons, a RentWorks Sell & Rent Back agreement can either outright purchase your existing equipment and take it away, or purchase it and rent it back to you for your continued use. A cash injection for your business Under the Sell & Rent Back offering, we will buy your existing equipment at its remaining value or current market value - whichever is higher - and rent it back to you for the remainder of its perceived useful life. Sell & Rent Back is also ideal for companies who also want to avoid any capital loss associated with the disposal of assets. Planned technology roll-out Sell & Rent Back is a cost-effective way to start a rental acquisition program. From here you can implement and effectively plan your asset replacement cycles through the RentWorks Exchange Plan. This allows you to roll out new technology when planned and keep track of the optimal use-by date of your equipment.   How Do I Benefit? Continue to use the equipment you have always used. Receive a cash injection. Remove company assets from the balance sheet. Invest your money on appreciating assets and not have it tied up in depreciating equipment. Consolidate all your assets into a single rental schedule. Implement a structured plan of equipment renewal through the RentWorks Exchange Plan. Gain greater financial control through a fixed and regular quarterly rental payment. Transfer the risks and costs of ownership and disposal to RentWorks.