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38
Financing
your practice
equipment
FINANCE PRODUCT
December is often a great time of year to take
advantage of `holiday specials', as businesses
clear their stock for the coming year. Very
often it makes more sense to finance these
purchases. When choosing the appropriate
financing method to suit your circumstances,
you should consider the following:
1. Keep your cash for other investments
or to reduce non-deductible debt.
2. Maximise your financial return by
potentially claiming the interest
payments on the agreement, or the entire
lease payment, as a tax deduction.
3. Depreciate the value of the
equipment for its lifetime.
4. Purchase the equipment on an Investec
credit card and earn rewards on your
eligible purchase, and roll it over into a
fixed-term finance lease with Investec.
5. Make your monthly repayments on
the Investec card and earn rewards.
To get the most out of your purchase,
discuss your needs with an experienced
specialist in the industry who understands your
profession and your financial circumstances.
Speaking with a financial expert will put you in
the best position to achieve your financial goals
in an efficient manner.
With the right financing, many of the
things on your practice `wish list' that feel
out of reach could easily be yours.
END-OF-YEAR PROMOTION
If you are looking to purchase new
equipment for your practice, now is a great
time as Investec has a promotion whereby
all new loan agreements may be eligible to
receive Apple product, such as an iPod shuffle
or an iPad.
If you're planning to update or add to your practice equipment,
Investec has the perfect end-of-year finance solution.