Business owners now have a flexible rent, buy, own option to finance equipment and preserve cash in the business with Go Getta. Kevin Mark tells Plumbing Connection all about it.

Small family businesses, franchises, or large corporations – they all have one thing in common: they want to expand their business without burning precious capital, especially for small-to-medium sized organisations.

Sometimes small businesses may find it difficult to get finance from banks and other financial institutions to obtain equipment for their business, and most importantly, it can take a long time to get the background check and all the paperwork done if people want to get money out from banks or other financial institutions.

GoGetta is a smart way to fund the commercial equipment. Their equipment finance solution provides freedom and flexible options to a traditional equipment lease or equipment rental finance package, so companies can keep their options open and preserve as much cash as possible to grow their business.

In this way, GoGetta helps people grow their business and reduce the risks at the same time.

GoGetta helps businesses succeed through the Rent.Grow.Own® rental solution, which is a flexible agreement allowing business owners to rent equipment to help get started or to grow their business.

“The beauty of Rent.Grow.Own is that the business can decide the best option for them,” GoGetta’s national sales manager Kelvin Mark says.

The Rent.Grow.Own® rental solution offers a 12 month rental agreement, so the plumbing business has a few flexible options to purchase the commercial equipment at any time during the first 12 months and receive a 75% net rental rebate: return the equipment at the end of the 12 month agreement if they no longer need it; move onto the long-term rent-to-own option, go.Own.plus after 12 months if they are certain the equipment is right for their business; or continue to rent and the purchase price will simply continue to reduce.

The Rent.Grow.Own solution is a fully tax deductible rental with an attractive ownership proposition to buy outright on 75% rebate. Renting through GoGetta gives businesses the chance to try the equipment before they buy with low weekly rental payment, so they do not stuck with equipments that aren’t perfect for their needs. Also, GoGetter has a quick and simple approval process which will minimize people’s time off the job.

Meanwhile, the Rent.Grow.Own® is very different from the widely used hire purchase agreement as “there isn’t any obligation to purchase the equipment at the end of the contract,” Kelvin explains.

However, the legal agreement between the customer and GoGetta sets that the customer has the responsibility for servicing, securing and maintaining the equipment during the rental period where the equipment is owned by GoGetta. So if the equipment is returned in a less than satisfactory condition, GoGetta will discuss this with the customer to figure out an agreed repair or placement charge.

“GoGetta highly recommends that customers insure the equipment and follow the recommended servicing and maintenance requirements. However, GoGetta takes into consideration reasonable wear and tear on equipment,” says Kelvin.

There is a large range of equipment that GoGetta can fund to help plumbers generate income and expand their business at affordable rates including jet washers, generators, earthmoving equipment, and hydraulic pipe benders and tubing tools.

Plumbers can choose their preferred supplier or one of GoGetta’s accredited vendors, so they can be sure that the equipment brand is the one they know and used to use.

“For those plumbers looking to diversify their offerings or improve their efficiencies, GoGetta provides them the option to test the market and the equipment without bearing the financial strain of a long-term financial commitment,” Kelvin says.

GoGetta also see things in the light of their development, so they do not just consider their potential customers’ past financial performance but their future potential, which means “we’ll give a plumber a fair go and for deals under $50K, no financials are usually required,” he says.

There is a certain amount of successful stories throughout the plumbing industry. One of them is Harbour City Plumbing who has used GoGetta to their benefit. They secured a CCTV camera to widen their service offering and grow their business.
“GoGetta helped me get the equipment I needed to support our business growth. Their quick and easy application was great and the options provide me peace of mind,” says Russell Grouth from Harbour City Plumbing.

“GoGetta’s professional team offers a high level of customer service,” Kelvin says, “Like all our customers, plumbers can expect a quick, fair and honest application process, as well as a clear and transparent contract.”

Also, the company takes a keen interest in the industry and the success of individual businesses, Kelvin says.

GoGetta is a division of Silver Chef Limited with a national network of over 500 accredited vendors and brokers. Currently, GoGetta services more than 18 industries and over $32million of GoGetta equipment is helping over 1,500 Australian business owners achieve success.