1. If you’re an accredited franchise, or an unaccredited franchise with a franchise disclosure document, you’re not
required to have a trading history.
2. This finance term applies to most types of equipment. The term for some types of ‘non-standard equipment’ (e.g. smallwares and audio-visual equipment) is 24 months.
3. We require four weeks’ notice of your intention to buy.
4. An early-termination fee of $300 applies.
5. ‘Standard equipment’ only (i.e. virtually any type of commercial-grade electrical or gas appliance with a serial number and that was not custom-built). You’re responsible for transporting the original equipment back to us and the cost for us to clean and service the equipment so it can be certified and remarketed. If
you sell your equipment to us and rent it back from us under our ‘Buy Back’ scheme, you can upgrade the equipment after 12 months.
6. We require four weeks’ notice of your intention to return the equipment. You’re responsible for transporting the equipment
back to us and the cost for us to clean and service the equipment so it can be certified and remarketed.
7. You can continue renting month-to-month for as long you as need to. If you agree to rent the equipment for another 12 months, we’ll reward your loyalty by giving you a 10% discount on your rent (Loyalty agreement).
8. You can work towards owning the equipment over another two or three years (Easy Own). We’ll give you a respective discount on your weekly payments of 15% or 30%.
9. The rental rebate is not paid to you in cash. Rather, it’s deducted from the equipment’s purchase price.