Commercial equipment finance company, GoGetta Equipment Funding has introduced Go.Own.Plus, a new more flexible machinery financing option.
Go.Own.Plus has been introduced in response to strong feedback by business owners that they required increased flexibility and affordability from the rent to own equipment market.
The new equipment financing solution is designed to make it more affordable for business owners to rent equipment and improve cash flow whilst taking advantage of available tax deductible benefits.
Go.Own.Plus offers GoGetta’s customers increased flexibility of options when renting equipment to own.
At the end of the first year customers are given the option to switch from a 12 month rental contract to a 36 month rental contract at a reduced payment of up to 30% whilst retaining positive tax deductable aspects.
Once the 36 month rental term has finished customers can either make an offer to purchase, upgrade or return the equipment.
The new Go.Own.Plus rent to own equipment financing option caters to a wide range of industries such as:
- bakeries, and
Kelvin adds, “Silver Chef Limited, the parent company of GoGetta, was built on providing finance in a format and style that suited customers and their businesses. This is another initiative to help customers run successful businesses.”
The new equipment financing product is already available to approved applicants. Expectations are that 20% of current customers will switch to Go.Own.Plus during the next 12 months.
Further information and appointments are available from GoGetta’s website.