School2000 can be rented
The rental charge calculation is given below

No
Description
Rate
Years
Rental
Notes
1
Calculation of rental
Cost of purchase (including installation)
.
.
100%
This it the full invoice value of the School2000 installation including installaion
2 Maintenance for 4 years
10%
4
40%
First year maintenance is free
3 Cost of money for 5 years
10%
5
50%
10% is calculated in the full loan amount, 20% if average
4 Insurance for 5 years
10%
5
50%
We are forced to insure our rental supplies
5 Administration for 5 years
12%
5
60%
5% per month for overheads, administration and management of loan
Total for 5 years
.
.
300%
Rent per month is 5% per month, over a 5 year contract

Notes
  • There are the best terms we can offer
  • Many leasing companies offer more attractive terms to schools, which schools could avail of
  • We require a payment of 20%. The balance can be rented, payable at the end of the year