Finance for Business

 

Financing

By leasing your Sound Select equipment, you will qualify for the following benefits:

  • Reserving your cash flow.
  • Smoothing cash flow helps with affordability.
  • No lump sum payment means that our customers are able to use their cash in their core business or invest in appreciating assets.
  • Off balance sheet.
  • Lease payments are listed as operating expenses (OPEX) and therefore, no liabilities are reflected on your balance sheet.
  • Sound Select is able to source funding from multiple funders increasing the chances of credit approvals
  • We will do all the necessary running around to facilitate credit approvals.
  • No impact on your existing credit facilities
  • VAT is payable monthly and claimed monthly.
  • All lease payments are tax deductible.
  • Lease periods can be aligned to warranty periods.
  • Upgrades driven by technology is easy, ensuring obsolescence risk is minimized
Rental_Company
          

RATE SHEET - EFFECTIVE 25 MAY 2023 PRIME 11.75% NON CPA

Period ESC R10 000- R20 000- R50 000- R100 000-
Months % R19 999 R49 999 R99 999 OVER
360
10
15

480
10
15

600
10
15

SOLE PROPRIETOR & CPA TRANSACTIONS ONLY


Period ESC R10 000- R20 000- R50 000- R100 000-
Months % R19 999 R49 999 R99 999 OVER
360
10
15

480
10
15

600
10
15
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RENTAL FACTORS

Capital Value: R Ex VAT.

Escalation :

*Entity :

          
*CPA: SOLE PROPRIETOR OR ENTITY THAT HAS A TURNOVER OF LESS THAN R2MILLION PER ANNUM PLEASE NOTE A DOCUMENTATION FEE IS APPLICABLE ON ALL APPROVED DEALS PRICES ARE INDICATIVE AND SUBJECT TO CHANGE ALL RATES ARE EXCLUSIVE OF VAT FOR MORE INFORMATION