Improve your business’s agility with an equipment finance solution that gives you options just as powerful as the refrigeration you’ll be renting. The sky’s the limit when flexible terms and tax deductible monthly payments can be combined with things like fleet management, decals or logistics and storage. It’s time to take flight. SKOPE Funding is currently only available in Australia and New Zealand.
Corporate Rental FAQ's
Who is eligible for Corporate Rental?
Corporate customers wanting to rent or grow their fleet of refrigeration and/or multi sites, chains, large production facilities or QSR franchise groups working directly with manufacturers in Australia and New Zealand.
What is included in Corporate Rental?
The SKOPE Group offer a holistic solution with our manufacturing company, finance, and service companies. These proposals are fully tailored to meet the specific requirements of the customer.
Options may include:
How to apply?
An authorized signatory or director can complete a finance application. The rental agreement must be signed by the director and anti-money laundering ID verification completed. Once approved, you can start placing your order.
Why do you need me to verify my ID?
SKOPE has obligations under the Anti-Money Laundering & Counter Terrorism Financing laws which require us to identify all customers.
When do I pay?
Rental payments are invoiced at the end of each month, starting the month the equipment is delivered. The first payment will include any freight payable.
How do I get a quote?
A dedicated SKOPE Funding Relationship Manager will meet with you to understand your needs and then create a proposal for you. Contact us.
What do I pay upfront?
Rental payments are invoiced in advance, and the first payment will include freight and the clean, tag and test fee. Rental payments are then invoiced monthly.
How do I order?
If you need accessories or assistance on choosing the right refrigeration, please contact you dedicated SKOPE Relationship Manager who is assigned to you. It’s important to tell us if you need accessories such as additional shelves, ticket strips, decal installation and gravity matting upon your first order. For subsequent orders email skopefunding@skope.com your purchase order stating model, description, quantity.
Is my contract fixed for the term?
Yes, however we review pricing for new placements at every anniversary. Your existing rental placements in field will enjoy fixed pricing until the term is finished.
What happens if we change our mind or need to terminate the contract?
Prior to delivery you can be change or terminate without cost incurred. Once refrigeration is delivered it is placed on contract and rental commences, return and termination fees would then apply.
What are return or termination fees if we cancel the contract mid-term?
Remaining rental payments owing and applicable return fees (if unpaid) to warehouse. You do have the option to purchase the asset at the end of term and resell or you can choose to move the asset to another customer’s location which we can help arrange for you.
What happens at the end of term?
Options:
What is the minimum spend?
For set up we require a minimum of 10 rental assets to be placed in the first 12 months.
What is risky about keeping an aged, mixed fleet of refrigeration?
An aging fleet promotes your products poorly and can impact revenue. It incurs unforeseen service costs and delays which are difficult to forecast and budget for. There is often poor visibility, control and reporting on the assets. This can lead to costly issues such as missing assets, mismanaged customer accounts, futile delivery charges, and overpayments.
Why would I rent instead of purchase?
Rental payments are 100% tax deductible and not subjected to sometimes slower CAPEX approval processes. Benefit from speed to market and a high utilization of the fleet in field as opposed to purchasing stock and having it depreciate in warehouse, incurring storage fees. Rental agreements are fixed so forecasting and budgeting is easy and you don’t incur as much impact from price rises. Our corporate rental fleets enjoy a utilization average of 96% in field, meaning their refrigeration is earning them revenue not sitting in a warehouse.
What if I have an existing aged fleet of refrigeration I want to upgrade?
We can review your current fleet and recommend SKOPE models to suit, we will create a roll out plan to swap out refrigeration and mitigate any disruption to your customers or sites.
What’s the benefit of getting on-site planned maintenance?
On-site planned maintenance is a comprehensive 161-point check and service of the refrigeration. Regular maintenance is required to meet commercial warranty terms and conditions and avoid service-related fees caused by lack of maintenance. This service helps the refrigeration run more efficiently, lowering your customer’s or site’s power bills, and avoiding breakdowns. A service report, along with before and after photos is provided so you have site visibility over your fleet. We can provide this service nationwide as frequently as required.
SKOPE Funding does not provide legal, tax or accounting advice. Please seek professional advice from a qualified person.
What happens if we need a service?
Please log a service job by emailing your details to the appropriate email below.
Terms & Conditions:
SKOPE Funding is available in Australia and New Zealand only. Upon application, terms and conditions apply. Minimum terms and upfront cost may apply.
SKOPE Funding does not provide legal, tax or accounting advice. Please seek professional advice from a qualified person.
"SKOPE is a company and brand we can trust."
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