Overcome current budget limits!

A step rental plan or a “step lease” is a lease which provides for small pre-agreed annual increases in the payments over the term.

This type of Agreement is particularly useful where your school may have limited budget in the current financial year and wish to apportion more of their future budgets against the Agreement. As the future payments can be variable, the flexibility of this Agreement enables schools to acquire equipment immediately with a low initial payment, whilst planning for additional payments from future year’s budgets.