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Ashtead Technology’s Rent To Own (RTO) scheme helps companies access new technologies by spreading cost and reducing pressure on cash flow while maintaining benefits such as repair and calibration.

The initiative sidesteps capital expenditure restrictions to give customers immediate access to the most up-to-date inspection, test and monitoring equipment, with the flexibility and freedom to either buy at the end of the 12-month rental period, with a one-off purchase payment, or to simply return the equipment with no additional penalties.

The RTO scheme helped Helimech, an aircraft services company based in Milton Keynes, make considerable savings on an Olympus Iplex LX videoprobe that is used for advanced gas-turbine engine inspections.

Engineering manager Paul Smith said: ‘Previously it was necessary to regularly outsource a specialist to visit us with a videoprobe, but this was becoming increasingly costly.

‘As demand for this type of investigation grew, we decided to try Ashtead Technology’s RTO scheme because it provided us with the latest technology combined with back-up support from one of the company’s remote visual inspection specialists.

‘We could not justify the upfront cost of purchase, so the RTO option offered a more financially attractive alternative and as a result we now have the technology and capability in-house.

A number of Ashtead products are available under the RTO scheme, including XRF metals analysers, thermal cameras and a range of videoprobe inspection equipment.

Ashtead Technology

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