About operational leasing
Why is this leasing solution called operational?
‘Operational’ means that the lessor remains the owner of the equipment throughout the lease and provides some operational support services to the lessee. Such support operations may include:
- administrative management of the leased equipment (order tracking, delivery notes, invoices, etc.)
- upgrade of the equipment throughout the duration of the lease term
- removal and recycling of any equipment at the end of the contractual lease period
- insurance covering risks associated with use of the equipment
- on request, the lessee receives a comparative report of various pieces of centralised data for the purposes of monitoring the contract, technology and budget
What is the difference between operational leasing and financial leasing?
Operational leasing is the leasing solution most widely used for IT equipment. This flexible and scalable funding solution may include not only leasing the equipment but also related services such as maintenance, insurance and asset management. These variable costs can be clearly identified in the budget from the outset, thus avoiding any unpleasant surprises. There is no option to purchase the equipment at the end of the lease. Operational leasing does not appear on the company’s balance sheet and the lease is classified as an operating expense.
Financial leasing is a funding solution which includes the option to purchase the equipment. The lease does not, however, include any additional services. Financial leasing appears as an asset on the company’s balance sheet and the equipment which is financed is subject to depreciation.
What happens at the end of the operational lease?
- return the equipment
- renew the lease for new equipment
- extend the lease
Who can use operational leasing?
What kind of equipment can be covered by an operational lease?
Virtually all professional equipment which is likely to rapidly become obsolete .
- office equipment: computers, phones, printers, etc.
- IT equipment/hardware: servers
- medical equipment: scanners, medical imaging equipment, etc.
- printing equipment: offset printing machines, rotary printing machines, bending presses, etc.
- industrial equipment: machinery
- heavy machinery: lifting, handling, etc.
About Rentys’ services
Can I choose my suppliers with operational leasing?
What happens if my equipment no longer meets my needs during the lease period?
What does Rentys do with equipment at the end of its life-cycle?
Rentys handles the following:
- organises the removal of obsolete equipment from your premises
- dismantles and disposes of data storage servers or systems
- conducts physical and technical audits of the equipment returned
RENTYS also offers additional services:
- recovery of data from user workstations
- complete removal of sensitive data