At, AgriFinance Hub we pride ourselves in offering leading-edge Asset Finance Solutions. Together with Chembros we source finance for all assets available at Chembros. Our service is similar to that of a Bond Originator, we do the legwork and submit the paperwork to the 4 major banks and get comparison quotes, should you qualify we also submit the application to a FSB approved Funder who offer an Operating Lease with ownership ( Rent-to-Own). You can now compare all the rates without having to jump through hoops at each financial institution, making the process of owning your next asset purchased at Chembros so much easier, you sit back and choose the option that suits you best, either a Bank Loan or Rent-to-Own.
An operating lease is a term contract for the use of equipment during a fixed term, with ownership option and the end of term. Product therefore does not reflect in client`s asset register.
An operating lease does not affect your balance sheet`s debt ratio, which means it has no impact on your other facilities such as over draft, production loans or bonds , it is Off Balance Sheet Funding.
Value of product is determined by dealership that does trade-in, full value of product belongs to the client, this is the reason ownership option is given on contract.
Creates cash-flow, opportunity cost of capital is important for any business.
Premium is calculated according a fixed rental premium, no interest rate is quoted.
Vat is payable monthly on invoice, creating a better Vat claim over term
Premiums are payable monthly or quarterly, normally in advance or arrears depending on client.
Premiums are 100% TAX DEDUCTIBLE as an Operating Expense over term.
Yes, settlement can be requested and will be calculated according to outstanding term.
The client pays as per normal conditions for hire purchase
We supply top quality products to the Off-line and Mobile Sanitation industry. Our mission is to identify the most efficient products and technology for the Mobile sanitation industry, and offer them at competitive prices.
Members of The Association of Mobile and Portable Sanitation Africa
5 Burke Street
Observatory
7925
Cape Town
South Africa
Phones: +27 21 418 0173
E-mail: info@jjchembros.co.za
We are open: Mn-Fr: 9 am-5 pm