The key benefits include:
- No upfront costs: No capital outlay or deposits required.
- Preserve capital: Rental reduces capital outlay so that you can invest in other assets that yield higher returns.
- Tax advantages: Monthly rental payments are fully deductible as an operating expense under Section 11(a) of the Income Tax Act providing further financial relief.
- Optional ownership: At the end of the rental term, you can own the system by making a balloon payment or extending the rental at a reduced rate.