Rental
  • no risk of owning obsolete equipment
  • off balance sheet
  • upgrade during or at end of term
  • replacements are up to 100% tax deductible
Hire Purchase
  • own equipment at end of term
  • balloon payment option to reduce monthly installments
  • interest and depreciation are tax deductible
Chattel Mortgage
  • own equipment at end of term
  • balloon payment option to reduce monthly installments
  • interest and depreciation are tax deductible
  • claim GST on purchase of equipment upfront if accounting on a cash basis