011 574 6600 sales@dataqwip.co.za

Contact Us

Building 2
Bedfordview Office Park
3 Riley Road
Bedfordview
2007

011 574 6600

sales@dataqwip.co.za
patsyw@dataqwip.co.za

DataQwip

Why Capitalise assets that don’t produce an income?

The DataQwip division specialises in the financing of Capital and Hi-Tech equipment on an Operating Rental, which can include or exclude maintenance, however, it also offers Instalment Sale for those assets with a long economical life expectancy.

Benefits of Operating Rentals
  • The Operating Rental is mainly used for assets with a limited economical life expectancy and is normally structured over a 3 to 5-year term.
  • Payment frequency can be either Monthly, Quarterly, Bi-Annually or Annually and can either be liked to the Prime Overdraft Rate or Fixed for the duration of the contract.
  • All payments are regarded as an operating expense and therefore totally tax deductible.
  • By constantly upgrading the equipment the client stays up to date with technology therefore reducing downtime and increased maintenance costs.
  • VAT is payable on the monthly rental and Input Tax may be claimed.

Intelligent Financial Solutions since 1980

Contact us today for a quotation!