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Business Solutions > Finance & loans > Update & grow > NAB Asset Finance > NAB IT Rental

NAB IT rentals

Help keep costs down and your business up to date. NAB IT Rental gives you the flexibility to regularly update equipment - without having to pay the full amount upfront or worrying about disposing of the equipment.

Benefits
  • Frees up your cashflow - no principal repayments are required until maturity, which means you can use your working capital for other core business needs.
  • Flexibility -  regularly update equipment without having to pay the full amount upfront or worrying about disposing of the equipment or technical obsolescence
  • Cost Effective - IT Rental will generally enable you to purchase more equipment for your dollar than an outright purchase
  • Tax deductible – rentals can generally be treated as a business expense and are usually tax deductible and rented assets do not usually appear on your Balance Sheet
  • Simplicity – rentals will be automatically debited from your nominated business account.
Features
  • Fixed interest rates for the life of the contract
  • Choice of rental payment options
  • Controlled equipment disposal at lease end
  • Services (equipment tracking and replacement)

Important Note
Terms and conditions and eligibility and lending criteria apply. NAB recommend that you talk with your Accountant or Tax Advisor to see whether an IT Rental Agreement would be a suitable solution for your business. To find out more about IT Rental, or to apply for an agreement, please call your National Relationship Manager or call 13 10 12.

Related options:
NAB Business Options Interest Only Loan (Fixed Rate Interest in Advance)