Try before you buy with the market's most flexible restaurant equipment rental solution
Rent–Try–Buy®
May suit you if you're...
- A start-up or existing business
- Looking to try the equipment before deciding whether to buy it
- Want to protect your business’s cash flow.
Key features
- Flexible, 12-month rental agreement
- Manageable, weekly rental payments
- Upgrade or buy the equipment at any time
- If you buy, get back 60% of the 12-month net annual rent you pay us — to put towards the purchase price
- Continue renting or return the equipment after 12 months
- Rental payments are 100% tax deductible.*
Rent–Try–Buy vs outright purchase
| Equipment priced at $10,000 (pre-tax) | Rent–Try–Buy | Outright purchase |
|---|---|---|
| Upfront cost | $702.87^ | $10,000† |
| Ongoing payments | $100.41 / week† | None |
| Tax deductions | Rental payments§ | Equipment depreciation# |
| Total cost @ 12 months | $10,000 | $10,000 |
| Net cost @ 12 months | $4,778.48~ | Varies‡ |
| Try before you buy | ✔ | ✘ |
| Upgrade equipment | ✔ | ✘ |
| Return equipment | ✔ | ✘ |
^ 1 week’s rent in advance + refundable security bond of 6 week’s rent.
† Excluding tax
§ Your weekly rental payments are 100% tax deductible.
# You can claim a deduction for the % decline in the equipment’s value each year of its useful life, which typically spans several years.
~ $10,000 minus federal corporate income tax deductions. Excludes any state tax deductions that may apply.
‡ State depreciation schedules and taxes vary — please consult your tax advisor.
Frequently asked questions
See all FAQs
What is your interest rate?
Since Rent–Try–Buy is a rental agreement, there is no interest rate.
However, you can use our online rental calculator to determine your weekly rental amount, and what it would end up costing you to own the rental equipment if you decided to purchase it after 12 months.
(You can buy the rental equipment at any time — not just at the end of your 12-month Rent–Try–Buy agreement.)
Are there any other fees or charges?
Apart from the weekly rental payments (including the advance payment of one week’s rent), the fees and charges that apply are:
• refundable security deposit — paid up front and equivalent to six week’s rent (less than $200,000 of funding)
• cost of transporting any equipment the customer returns to us during or after the 12-month rental period
• cost for us to clean and service any equipment the customer returns to us during or after the 12-month rental period, so it can be certified and remarketed.
How can I pay the rent?
You can pay the weekly rent via a direct debit from your bank account or credit card.
What happens if I want to buy the rental equipment?
If after trying the rental equipment you love it and want to buy it, you’ll need to give us four weeks’ notice of your plan to purchase it.
At the end of the notice period, we’ll send you a:
• payout quote to review (the quote clearly sets out how the payout amount has been calculated)
• payment authorization form to fill in.
If you buy the equipment, we’ll give you back:
• 60% of your first year’s net rental payments
• 20% of your second year’s net rental payments (if applicable).
You can put these rental rebates towards the purchase price (which reduces with each weekly rental payment you make).
When the Rent–Try–Buy agreement expires, will I automatically own the equipment?
No — though each rental payment you make will gradually lower the equipment’s purchase price, there will still be an amount owing after 12 months.
To find out what the outstanding amount is, please call us for a ‘payout quote’ on +18882339910.
You can buy, or pay out, the equipment at any time during the 12-month term (not only at the end of it).
STILL HAVE QUESTIONS OR WOULD LIKE TO TALK TO US?
Inquiry form
We’ll get back to you within one business day. (Or you can call us on +18882339910.)