Home  

Here are some important benefits of financing through Uraspan:
  • High technology equipment quickly becomes outmoded and obsolete. Financing this type of equipment offers a low entry-level cost. Financing through Uraspan further provides the freedom to upgrade or change equipment when the need arises.
  • Inflationary price increases have priced certain assets virtually beyond ownership possibilities. Uraspan can structure financing payments to accommodate budgetary and cost constraints.
  • Since rental is an expense, it is 100% tax deductible. Operating rental agreements often do not require balance sheet disclosure, and hence will not affect the financial gearing of the company. In addition, it will have a marginal impact on the return on assets managed ratio.
  • Financing through Uraspan gives the user flexibility. Agreements can be structured to best suit individual requirements in terms of repayment periods and repayment structures. Contract periods can further be tailored to suit the useful life of user groups, asset types or individual pieces of equipment.
  • Credit lines with other financial institutions remain unaffected as funds are raised through Uraspans own securitisation vehicles.
  • Uraspan finances deals from R50,000 to multi-million Rand agreements and provides the option to include insurance at very competitive rates.
Why Finance through Uraspan?

It is apparent that the use of a piece of equipment is far more important to the production of income than a piece of paper conveying title to the equipment. So why spend valuable capital on equipment that can be financed with affordable monthly payments?

Further benefits are:

• Capital can be reinvested into core business to
generate revenue instead of being tied up in
depreciating assets.
• There is no longer a need to maintain an asset register or depreciation schedule.
• Equipment life is no longer determined by depreciationperiods.

©Uraspan (Pty) Ltd 2008-2009