RENTAL IN ADVANCE
A standard finance product, where the
first payment is paid in advance followed by a number of subsequent
rentals, which vary depending on the term of the agreement.
HIGH AND LOW START
We can create a rental plan, which is
structured around a changing budget.
You might want to increase the value
of your first rental, which will create a reduced subsequent rental, or
you can use the remainder of a current budget and pay a smaller first
The high start option is always
considered useful by educational establishments who may not have
complete visibility over future changes to their budget, as the
subsequent payments will be lower than the first.
Where you want to proceed with your
technology plans, but may not have your full budget available, or may be
waiting for a budget allocation to be made.
By structuring a deferred rental plan
with RM Education it allows you to have access to the technology you
want, but with the first payment taken on an agreed date after the
agreement is activated.
So if you need your new equipment now
but won't have the budget until April, you can defer the start date of
the lease so the first invoice becomes due after you have recieved your
new funding. Allowing you to use the equipment when you need it rather
than having to wait.
We can create custom payment plans
for where you need to combine any of the features above, or have a
varied payment amount or frequency throughout the term.
Call us for a quote on 0800 0469 796 or email us at email@example.com
Our terms and conditions are fair and
transparent to ensure compliance with accounting regulations and Local