Rent-it-Today (RIT) is Caterlink’s in-house commercial kitchen equipment funding solution for hospitality industries of all sizes. Whether you are a small start-up café or a five-star hotel, our RIT solution can help your business acquire the kitchen equipment you need most.
5 Simple Steps to Get Your RIT Equipment Today
After approval, rental documents are electronically signed and the deposit is paid.
We cover all manufacturer's warranty for the duration of the active rental equipment term.
Our rental agreement is an operating lease for tax purposes, meaning payments are an operating expense and fully tax deductible. GST is also claimed in each payment. Our rental program is as simple as paying an affordable weekly amount over time rather than paying the full amount up-front.
Buy out the goods at any time with a 75% rebate of the rent paid to date subtracted off the finance price.
Free up your cash that could be better used improving your business. By renting our kitchen equipment, rather than paying a large sum of money upfront to purchase equipment, you incur an affordable on-going weekly expense.
Prompt application processing with all the rental contract documentations drawn up within 24-business hours. It is obligation free and there's no application fees with only minimal documentation required. All applications are assessed on a case by case basis.
Does not appear on your balance sheet as debt or loan. Renting does not affect the business' capacity to borrow for future expansion. This means you can keep your cash flowing and maintain liquidity without affecting your personal borrowing.
Flexible terms (12, 24 or 36 months) and options at the end the term to keep on renting, upgrade your equipment, buy it out or simply return the unit back to us.
1 Subject to correct use of equipment in accordance with manufacturer's manual, and no rental arrears.
2 Caterlink is not aware of individual taxation situations. Advice should be taken from your accountant prior to renting.
3 Maximum rebate of 90% of the finance price.