Arkle’s Fixed Term Rental agreement is ideal for short and medium life equipment as well as some vehicles. You select the equipment or vehicle of your choice and the supplier sends an invoice to Arkle which is paid in full.
There are many forms of Rental agreements in the market so before you sign the documents it is in your interest to read the small print and fully understand the terms and conditions. Find out more about our asset rental finance below.
Choose your equipment or vehicle.
Once you’ve signed your agreement with us, the equipment
or vehicle is yours to use as you wish. You’ll be responsible
for the maintenance and insurance and you’ll pay us a fixed
number of rental payments, which attract VAT over a fixed
period of time.
At the end of the fixed term (usually between two and five
years), provide us with notice of your intentions and then either:
• hand the goods back to us without paying anything else,
• pay an annual secondary rental and continue to roll
your contract over for another year.
As this is a rental agreement, you won’t own the equipment or
vehicle. You can end the agreement early by returning your goods
and paying the remaining rentals.
Choose your repayment term from between two to five years. Subject to approval.
In most cases you have the option to Sign your
agreement digitally and say goodbye to print
This product can be flexible and allow the rentals to vary in line
with your seasonal income. This must be agreed prior to the
start of the agreement.