The Rental Product provides the ability for you to rent most types of equipment for business use. It operates in a similar manner to a lease where you pay a rental amount for the use of the goods. Unlike the Lease Rent Agreement, at the end of the rental period you simply return the goods in good working condition without having to pay a final residual amount. This product provides additional flexibility to upgrade or add to the equipment at any time during the rental contract.

MCF's finance specialists can develop a package geared specifically to your needs.

Equipment Rental can be ideal for practices that: Require up to date equipment to remain competitive in their industries and want the flexibility to upgrade when required to keep pace with changing technology Are seeking financial diversification or wish to preserve existing bank lines Wish to avoid constraints associated with capital budgeting

Key Features at a Glance

• Pay no up front deposit – 100% of the equipment purchase price is financed by MCF
• Preserve your capital – you may be able to keep the equipment off the balance sheet leading to enhanced ratios
• Fixed monthly rentals – allows you to budget with confidence knowing what your outgoings will be each month and provide a hedge against inflation
• Obtain the benefit of the use of equipment for your business so that you can upgrade and add to without renegotiating a lease or paying out a residual value amount
• You can rent equipment not normally covered by other traditional finance options
• Renting may not affect your existing lines of credit

Options

• Flexible rentals – structure the rental to suit your cash flow
• Flexible terms - choose the length of the contract (from 12 months to 60 months) subject to approval. At the end of the term you can choose to keep renting or upgrade the equipment
• Return the equipment at the end of the rental contract without having to worry about residual payments or equipment disposal
• Flexible purchases – Pay for the use of the goods at a predetermined rental with the option of adding or upgrading goods at any time without needing to renegotiate the agreement
• Rent equipment with a minimum finance amount of $3,000-00

Fees

A one off administration fee will apply. The fee is payable at the same time as the first rental. Fees may vary from State to State.

Other fees and government charges associated with the Lease will vary depending on which State you are in, the vendor of the goods, the amount of lease, and any Federal Government charges. Contact MCF on 1800 670 236 for details.

Equipment Finance products are offered by Suncorp Metway Advances Corporation Pty Ltd ABN 89 100 845 127. The above information applies to approved applicants only and is subject to terms and conditions that are available on application or request.

This does not constitute business, financial, legal or taxation (including GST) advice - you should seek independent advice as to how an equipment rental may impact on your business, financial, legal or taxation position

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