Flexible Buy-In
Flexible Buy-In Options

As well as being able to tailor the scope of the package, you can also choose from three different ways of ‘buying-in’ to The Smart Effect programme. The choice of business models below gives you real flexibility. One of these plans will fit in perfectly with your own commercial and financial objectives.

OPTION ONE: Cash Purchase/Finance Purchase

Option 1A straightforward cash purchase will provide the lowest overall cost to customers. This follows the normal process of quotation, agreement and order. Equipment is paid for on our standard conditions of sale 30% deposit with order, 65% paid on delivery of equipment to site and the balance paid 14 days after hand-over. Finance packages can be arranged on Hire Purchase or Leasing terms, at very competitive rates. 5 year or 3 year terms are available. A 10% deposit is required together with a fully completed finance document prior to delivery.

OPTION TWO: Rental Agreement

Option 2Designed for customers who prefer to have the use of equipment on a monthly rental basis where ownership of the equipment is retained by The Smart Effect Ltd. The rental period is 36 months, however clients have an option to terminate the rental agreement after 12 months. If the termination option is used after 12 months then The Smart Effect would remove equipment from site within 30 days of the termination notice being issued. It remains the customer’s responsibility to ensure that equipment is maintained in a good condition. The rental agreement starts with a 6 month deposit, followed by 30 monthly payments. The rental amount is determined once the equipment and services value has been agreed. Providing the rental period runs for the full 36 month term, the title to the equipment is transferred to the customer for a nominal charge.

OPTION THREE: Profit Share Agreement

Option 3Some customers will prefer to pay for the equipment rental out of profit generation. The Smart Effect has a limited number of Profit Share offers each year. The equipment and services value is agreed with the customer. The Smart Effect will install the equipment and provide the agreed services without charge and the customer agrees to diligently work to maximise the revenue through the cosmetic repair facility. The gross profit margin is calculated on a monthly basis and The Smart Effect Ltd. then invoices the customer for 50% of the GP in the first year, 40% in the second year and 30% in the third year. After the third anniversary, subject to the value paid to The Smart Effect Ltd being equal to the equipment and services total price, the customer may purchase the equipment for a nominal charge.

The options above are designed to give our customers a choice and make starting a cosmetic repair business as simple as possible. Finance, rental and profit share options are subject to status. Terms and conditions apply. Full written details are available on request.