‍Generally, we talk about leasing for long term contracts, and rental for shorter contracts.

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Leasing, or long-term rental

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Leasing, or long-term rental, is a contractual commitment that generally lasts for several years — subject to acceptance by the funding organization.

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It allows a business to rent computers over a long period of time with fixed monthly payments for 24 to 36 months in general.

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Businesses need to demonstrate financial strength, as leasing contracts involve a long-term commitment. This often includes a credit check and financial analysis to ensure that the business can meet regular payments.

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One of the advantages is being able to choose your equipment, which is then financed by the leaser.

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A leasing contract implies that the financing organization becomes the legal owner of the equipment throughout the defined period. Thus, you must have breakage and theft insurance.

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Rzilient works with several leasers, contact our support to find out more.

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Short-term rental

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Short-term rentals, on the other hand, are much more flexible and do not involve the same levels of financial checks, for shorter periods of the order of several months. It is a solution with no long-term commitment and is less restrictive than leasing.

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It is a good alternative for urgent and short-term needs, for example for a startup in a growth or fundraising phase and not eligible for leasing at the moment.

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However, leasing is recommended for two main reasons: You choose the material and are therefore not dependent on the poor choice of a partner renting equipment, and lMonthly payments are much more interesting in leasing than in renting.

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Rzilient does not currently offer short-term equipment rentals.

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