Affordable Assets Rental Service
Source: https://achievement.co.za/a2
- published: 2021-11-17 19:24:56
- modified: 2024-08-23 12:13:42
- excerpt: https://a2.co.za/ A2.CO.ZA specialises in affordable asset and equipment rental services, with options to purchase.
What this page is
This is the "Affordable Assets Rental Service" post on achievement.co.za, the directory of the AM.CO.ZA group's websites. It points to a2.co.za, the group's rent-to-own site for machinery and equipment.
Original text (as published): "A2.CO.ZA specialises in affordable asset and equipment rental services, with options to purchase. This service is ideal for businesses and individuals looking to rent high-quality equipment without the upfront cost of ownership. Explore their wide range of rental options to find the perfect solution for your needs."
The post also carried this quote: "We do like to work-with-out-of-the-box thinkers and have been amazed by some of the cutting-edge business ideas that companies have brough to us for financial assessment in recent times. South Africa is indeed a country that is jam-packed with loads of dynamic thinkers and we believe that it is only a matter of time before the country's economy is restored to being the leader on the African continent." That wording comes from the 2021 Bizmatic financing press release, linked below.
This Knowledge Base version expands the pointer into a plain guide. Every point below comes from pages already in this KB, which are linked so you can read the full wording.
a2 in one paragraph
a2, short for "Affordable Assets", is the rent-to-own brand of Bizmatic (Pty) Ltd, a member of the Cornerstone Trust group, the same group that owns Advanced Machinery (Pty) Ltd, which trades as AM.CO.ZA. Instead of paying the full machine price upfront, a business rents the machine with monthly payments and works towards owning it at the end of the term. Bizmatic secured a credit provider licence in 2020 and also offers machinery financing packages directly. See Cornerstone Trust and Bizmatic equipment financing and its credit provider licence.
How rent-to-own works
- Use the machine while you pay. The business runs the machine and earns from it during the rental term, then takes full ownership once it is paid off. The 2018 and 2021 a2 release compares it with rent-to-own in the motor trade, applied to business equipment. See Rent-to-own machinery through a2.
- Aimed at cash flow. The releases pitch it at start-ups and small to medium companies that cannot put down a large amount of cash upfront, and at larger firms that prefer to keep cash in the business.
- Machines sold by authorised partners. a2 provides rent-to-own on assets sold by authorised partners; in practice this has been AM.CO.ZA machines.
- Tailored packages. Bizmatic says it does not use one package for everyone and assesses each business and idea on its merits, including small and new businesses.
Machines a2 has offered
The KB's 2018 AM.CO.ZA news posts list a2 rent-to-own offers on:
- CNC routers, including the EasyRoute 2050 x 3050 mm vacuum-table router full package with spindle, vacuum pump and dust collector. See EasyRoute CNC router full package rental (2018).
- CNC laser cutting and engraving machines. See Machine rentals start on a2 (2018 stock news).
- Large format printers, including the FastCOLOUR Lite 1800 mm eco-solvent printer with an Epson XP600 printhead. See Large format printer rent-to-own offer (2018) and FastCOLOUR Lite 1800 mm printer video and rent-to-own (2018).
Those posts said more machines would follow. The monthly amounts and machine prices in them are from 2018 and are not current, so they are not repeated here. Ask AM.CO.ZA for the current machine and whether a rental or finance option is available on it.
Typical qualification points
The KB has no current a2 application rules. Older AM.CO.ZA sources give an idea of what was asked:
- 2015 asset rental with Opex Rental. Before a2, AM.CO.ZA partnered with Opex Rental to offer asset rental on its CNC machinery. That option needed a minimum three-year (36-month) contract, was for companies only, and applied to higher-value machines. Applications went from AM to Opex Rental for assessment. See Asset rental for AM.CO.ZA clients (2015).
- 2017 rental plan survey. A survey (not an offer) floated renting entry-level CNC routers through Bizmatic on a rent-to-own basis, for companies in business for at least 20 months, with bank balance or income checks on the company and main director accounts.
Treat these as background only. Current terms are set by Bizmatic/a2 at the time of application.
First steps for a buyer
- Pick the machine first. Use the AM.CO.ZA Knowledge Base, buythis.co.za or an AM.CO.ZA branch to choose the model and package.
- Ask AM.CO.ZA sales whether rent-to-own or financing is available on that machine and for your business.
- Have your company details and recent bank statements ready, since rental and finance applications are assessed on the business's finances.
- Compare the total cost over the term with a cash purchase before you sign.
Limits of this page
- It describes the service from the group's own public pages and press releases. It is not a quote, an offer or credit advice.
- Rates, terms, deposits and which machines qualify are not in this KB and must come from Bizmatic/a2 or AM.CO.ZA sales.
- No client, applicant or finance records are part of this Knowledge Base.