By leasing your Sound Select equipment, you will qualify for the following benefits:
Reserving your cash flow.
Smoothing cash flow helps with affordability.
No lump sum payment means that our customers are able to use their cash in their core business or invest in appreciating assets.
Off balance sheet.
Lease payments are listed as operating expenses (OPEX) and therefore, no liabilities are reflected on your balance sheet.
Sound Select is able to source funding from multiple funders increasing the chances of credit approvals
We will do all the necessary running around to facilitate credit approvals.
No impact on your existing credit facilities
VAT is payable monthly and claimed monthly.
All lease payments are tax deductible.
Lease periods can be aligned to warranty periods.
Upgrades driven by technology is easy, ensuring obsolescence risk is minimized
RENTAL FACTORS
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NON-CPA Rate Table
Period (Months) | ESC % | R10,000 - R19,999 | R20,000 - R49,999 | R50,000 - R99,999 | R100,000+ |
---|---|---|---|---|---|
36 | 0 | - | - | - | - |
10 | - | - | - | - | |
15 | - | - | - | - | |
48 | 0 | - | - | - | - |
10 | - | - | - | - | |
15 | - | - | - | - | |
60 | 0 | - | - | - | - |
10 | - | - | - | - | |
15 | - | - | - | - |
CPA Rate Table
Period (Months) | ESC % | R10,000 - R19,999 | R20,000 - R49,999 | R50,000 - R99,999 | R100,000+ |
---|---|---|---|---|---|
36 | 0 | - | - | - | - |
10 | - | - | - | - | |
15 | - | - | - | - | |
48 | 0 | - | - | - | - |
10 | - | - | - | - | |
15 | - | - | - | - | |
60 | 0 | - | - | - | - |
10 | - | - | - | - | |
15 | - | - | - | - |
Important Information
CPA: SOLE PROPRIETOR OR ENTITY THAT HAS A TURNOVER OF LESS THAN R2 MILLION PER ANNUM
PLEASE NOTE: A DOCUMENTATION FEE IS APPLICABLE ON ALL APPROVED DEALS
PRICES ARE INDICATIVE AND SUBJECT TO CHANGE
ALL RATES ARE EXCLUSIVE OF VAT
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