Electro Rent Europe offers programs for renting, leasing or to purchase electronic test equipment

By: Electro Rent Europe  09-12-2011


Electro Rent Europe offers a variety of standard rental, rent-purchase and equipment purchase plans to address short and long term applications. We can also tailor a special program to meet your unique needs. Just tell us your objectives and we’ll go to work and design a solution just for you.

Key Features
• Flexible term, rental is prorated daily after 30 days
• Rental terms as short as 7 days
• Prompt delivery
• Swap-out service in the event of product failure
• Calibration is included. In the event of equipment calibration expiration during the rental period, a replacement is normally provided
so downtime is limited.
• Payments are treated as operating expenses.

Appropriate Application
• Use for short-term projects (12 months or less) with an uncertain duration
• Immediate requirements pending delivery of purchased product

Benefits
The flexibility of the program allows for decisions to be made as the project environment changes. Ownership costs such as calibration, property taxes and maintenance are avoided. Payments are treated as operating expenses.

Managers and engineers are not burdened with equipment support and administrative issues. This allows them to focus on their primary roles of producing quality products and meeting project schedules.

Key Features
• Rental payments count toward purchase
• Option to return product after 50% of original term has been completed
• Almost all products in Electro Rent's product guide qualify for this program
• Applicable to new or used equipment
• New equipment carries manufacturer's warranty
• Used equipment carries Electro Rent Europe's 1 year warranty
• 5-day acceptance period
• Option to purchase by paying all remaining payments. Time value of money will be applied if purchase is before expiration of contract.
• Payments are treated as operating expenses.

Appropriate Application
Use for projects with a projected term of 12, 24, or 36 months, where capital funding is not available.

Benefits
Flexibility to return product while at the same time building equity to purchase product. Also, payments are spread out over a longer term to preserve capital.

Key Features
• Lower rate for committed term
• Option to extend term on a month to month basis or at a lower rate with additional term commitment
• Programs can be structured with either a fair market purchase options or a precise equity plan. The option to purchase can be
exercised anytime after 12 months.
• New or used equipment can be leased
• Manufacturer’s warranty for new equipment
• Twelve month Electro Rent Europe warranty for used equipment
• For used equipment the equity applies toward the Electro Rent Europe used sale price at the inception of the transaction.
• Payments are treated as operating expenses.

Optional Service Features
• Swap-out service in the event of product failure
• Calibration is included. In the event of equipment calibration expiration during the rental period, a replacement is provided
(if available) to limit downtime.

Appropriate Application
Continuous use for a projected term from 12 to 48 months.

Benefits
Flexible, with the lowest possible payments per month.

Key Features
• 1€ or £ purchase option
• Terms from 12 to 36 months
• New or used equipment
• Extended warranties financed

Appropriate Application
Financing purchases on terms from 12 to 36 months.Benefits
Eases cash flow, preserves working capital and spreads the purchases over several operating budget years.

Key Features
• Substantial discount from new product purchase price
• Prompt delivery
• 5-day acceptance period
• 1-year warranty standard on most items
• Payments can be spread over 1 year to facilitate cash flow

Appropriate Application
A clearly defined long-term need exists with a low probability for technical obsolescence. Capital or expense funds (depending on cost of product) are readily available.Benefits
Because modern test equipment is designed and built with a minimal number of mechanical parts, the useable life of an instrument is much longer than in the past. With a solid warranty, there is little reason not to consider used test equipment when it is available.

Key Features
• Applicable on all Electro Rent inventory available for sale. You choose the term - any length from 1 to 24 months.
• Divide the sale price by the number of months in your term.
• You own the product at the end of the term - completely INTEREST FREE!
• You can buy out at any time, or equipment can be returned anytime after the first month with no penalty.

Appropriate Application
When you have a limited budget but still need to purchase the equipment, this is an ideal solution.

Benefits
The term is flexible – and you pick it! Choose from 1 – 24 months and you own the product at the end – INTEREST FREE.

*To qualify for "Flex Term" financing a minimum 2.000€ / £1.700 purchase required.

Let Us Show You the Numbers

Allow us to show you the numbers. Give us your equipment list and we will go through the numbers with you. The results may surprise you.

Toll Free: 00800 1234 40 40
Telephone: +32 15 740 800
Fax: +32 15 740 841

The information in this article was current at 06 Dec 2011