Asset finance enables you to benefit from Renishaw's latest technology with low initial capital costs and predictable monthly payments.
Renishaw's in-house finance options are simple and competitively priced. They enable you to choose the most appropriate solution for your business.
Hire purchase/capital lease
Fixed monthly costs to match your cash flow requirements.
A Hire purchase/capital lease agreement with Renishaw provides all the benefits of ownership without the initial capital outlay. After a deposit you pay regular instalments covering capital repayment, interest and maintenance.
Agreement lengths vary from 2 to 5 years depending on your needs and the equipment is owned by you when all payments have been made.
Our in-house financing approach allows us to run a fast, straightforward approval process, all managed by your main sales contact with no administration or legal fees charged by Renishaw.
Key accounting features:
- Shows as an asset on your balance sheet
- Maintenance costs itemised separately
Operating lease for additive manufacturing equipment
Low monthly payments, no disposal worries and a purchase option at the end of the agreement.
An operating lease gives you maximum flexibility. You to decide whether to return, purchase, upgrade or take out a new lease at the end of the initial term1. Agreement lengths are typically 3 years.
The machine will be fully maintained by Renishaw throughout the agreement. An operating lease is an attractive way for many companies to scale up additive manufacturing capabilities, manage cash flow with fixed monthly payments and keep up with the latest technology advances.
Key accounting features:
- Off balance sheet funding2
- Accounted for as a rental
- Maintenance costs included in monthly payments
Flyer: Asset finance (UK)
UK asset finance brochure to outline Renishaw's flexible asset finance options
Flyer: Asset finance (US)
US asset finance brochure to outline Renishaw's flexible asset finance options
1 New lease / upgrade provisions are not a contractual part of the initial lease agreement
2 Subject to IFRS16 changes to lease accounting treatment
This material is provided for general information only and does not constitute financial, tax, legal or other form of advice.Finance arrangements are available to business customers only and are subject to the legal requirements of the country where finance is provided. All finance is subject to status and credit approval. Renishaw asset finance solutions are currently available in UK, US, Italy, Canada and Mexico.