Empowering businesses through affordable and efficient Asset Rental Finance …
- No deposit necessary
- Affordable monthly rentals
- 100% Tax deductible
- Falls under operating expense on income statement
- Easy process, fast approval
WHAT WE FINANCE
Civils, Construction and Plant hire
Backhoe Loaders (TLB), Multi Terrain Loaders, Compactors (Roller), Dozers, Excavators, Skid Steer Loaders (Bobcat)
Engineering
CNC Milling Machines, CNC Lathes, Conventional Lathes & Mills, Plasma Laser & Cutting Machines
Printing
Lithographic Printing Press (2 Colour Upwards), Automatic 18 Colour Silkscreen Station Press etc.
Clothing Manufacturing
Sewing Machine Lines, Knitting Machines, Pocket & Loop Machines, Cutting Machines, Strip Cutters, Winding Machines etc.
Footwear Manufacturing
Pattern Makers, Toe-Lasting
Machines, Sewing Machines
Plastic Manufacturing
Injection Moulding Machines, Blow Moulding Machines, Extruders
Restaurants
Heavy Duty Ovens, Fryers, Extractors, Freezers, Cold Rooms
Woodworking
Edgebanders, Panel Saws, Band Saws, CNC Routers, Planers
Health Care
Medical Equipment
General Equipment
Forklifts, OverheadCranes, Generators,Air Compressors
RENT OR PAY UPFRONT
- No deposit necessary
- Affordable monthly rentals
- 100% Tax deductible
- Operating expense on income statement
- VAT payable monthly
- Not governed by budgets
- Improves equity ratio
- Upfront capital outlay
- Reduction in working capital
- Deductible by deprication
- VAT payable upfront
- Interest is lost over a period
- Governed by the company budgets
- Has to be capitalised
APPLICATION PROCESS
COLLECT DOCUMENTS FROM CLIENT
As per the list that should already be sent to the client, you are required to obtain all of the supporting documents, along with the completed signed application form
OBTAIN CREDIT BUREAU CHECKS
Conduct necessary credit checks
INTERNAL ASSESSMENT
Deal reviewed by internal credit committee
STATUS: APPROVED OR DECLINED
Outcome communicated to applicant
REQUIRED DOCUMENTS
- Last two years financials statements
- Updated management accounts
- Personal statement of assets and liabilities
- Company registration documents
- Members’ IDs
- Business profile/website
- Latest full 4-month bank statements
- Supplier quotation
- Signed and completed application form
GET IN TOUCH
Ridge 7 – Unit 1101, 27 Vuna Close, Umhlanga Ridge, 4319
031 584 7222
info@visionwork.co.za
Like us on Facebook to get updates