Rental Solutions
Flexible Long-Term Rentals
QUEST CAPITAL SOLUTIONS
Our business model is based on Rental Solutions of new and used moveable assets in the transport industry sourced by reputable dealer networks. We specialize in providing flexible, long-term vehicle rental solutions tailored to meet the needs of businesses across South Africa. Our vehicle rental contracts, ranging from 24 to 60 months, are backed by reputable financial institutions, ensuring consistency and convenience.
Our rental solution is a month-to-month contractual Rental Agreement of a Truck and/or Trailer for a pre-determined rental period, with a deposit payable upfront. The option for the Renter to purchase the asset during the rental period is granted at the sole discretion of the directors of Quest Capital Solutions.
Clients will enter into a Rental Agreement between Quest Capital Solutions (Pty) Ltd and themselves for the exclusive usage of the asset(s) for the agreed rental term. Our clients will be issued monthly tax invoices on which they can claim monthly Value Added Tax (VAT).
Ownership of the asset(s) will remain with Quest Capital Solutions, until either the asset is purchased from Quest.
The client is liable for new registrations, annual license costs, traffic fines incurred, and a Valid Roadworthy Certificate (COF).
The client is responsible for maintenance and breakdowns on the assets, unless otherwise agreed with Quest.
All clients must obtain pre-approval before a rental contract can be finalised.
How to apply?
STEP 1
Submit the following documents for pre-approval:
- Latest 3 Months Bank Statements
- Most recent Management Accounts and latest Financial Statements
- Company Registration Documents / CIPC Documents
- ID(s) and Proof of Address of Director(s) / Member(s)
- Credit checks will be done
- Quest Capital application forms to be completed
Please email all documentation and contact details to credit@qcapital.co.za
Step 2:
Once pre-approved, SUBMIT the following:
- Asset Register
- SARS VAT Certificate
-
Proof of address of business
STEP 3
Subject to final approval:
Once credit checks have been conducted, approved and on acceptance of the quote(s), the following are to be completed:
- Master Rental Agreement to be signed and witnessed
- Debit order forms to be signed
- Suretyship document to be signed
- A resolution to be drawn up, and signed by all Directors, for the appointed officer/director/member to sign on behalf of a company (if applicable)
- A deposit is payable before delivery of the article(s)
- The assets are to be comprehensively insured. Quest Capital Solutions (PTY) Ltd must be noted as the Registered Owner, and the Financial Institute as the Title Holder.
- The client is liable for new registrations, annual license costs, traffic fines incurred, and a Valid Roadworthy Certificate (COF).