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?

At the end of the lease, the lessee has several options available. They may:

  • return the equipment
  • renew the lease for new equipment
  • extend the lease

Who can use operational leasing?

Operational leasing is for companies wishing to continue to use high-performance IT equipment whilst protecting their cash-flow and avoiding issues associated with reselling obsolete equipment.

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?

Yes. Rentys remains independent from suppliers. You are completely free to choose your equipment and suppliers.

What happens if my equipment no longer meets my needs during the lease period?

Rentys’ solutions are extremely flexible. At any time during the lease, you can ask for all or part of your equipment to be modified or replaced.

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