Access to funding in the construction and mining industry is often hard to come by. Securing credit for expansion or purchasing new equipment is a challenge for both large and small businesses. Added to this, the obligations set by the Mining Charter may create compliance complications.
Leasing Yellow Metal equipment makes a lot of sense. It doesn’t require large sums of cash upfront, making it easier to keep your cash flow under control. Payments are spread over the leasing term so that you can generate income to cover your costs. In addition to saving you costs, InnoVent’s leasing solutions simultaneously assist with some of your mining charter objectives.
We are a Level 1 BEE company, which means that in addition to claiming BEE Procurement at 135% as you will now be paying InnoVent instead of your equipment supplier, your procurement spend qualifies as local procurement, regardless of where the underlying assets have been sourced from.
As a vendor agnostic leasing partner, you can access any equipment you need from your suppliers of choice, matched with the best financial solution