You need to renew your technology very fast in order to find a place in international competition today. Industrialists, who engage in business especially on project basis, who have to renew their technology at certain times, who do not want to carry second-hand machinery and insurance risks and who need working capital, have turned their eyes to the “Technology Rental”model, at this point. With this awareness, TEZMAKSAN implements” the leasing model” applied in Europe and America to enable brands to make their future investments more efficiently. It also started to rent machine tools and robotic systems, which are necessary to produce vehicles, equipment and spare parts to be used in the automobile industry, due to contraction that the brand lastly experienced in automobile and automotive supply industry and that increases up to 50%.In addition to the convenience it provides, we expect that an application that can change the way the industry works with the opportunity to frequently renew technology changes the rules of the game in the automotive sector.
The automotive supply industry must constantly renew its technology in order to be ready for competition
Generally, investments in Turkey in 2019 dropped by 30 percent compared to last year. Contraction experienced in all sectors reached 50 percent in automotive. Every 1 unit of automotive demand creates 1.33 additional demands in the supplier industry. Therefore, if the Turkish automotive supplier industry wishes to take a share of this additional demand, it must be constantly ready for competition. Recently, increasing costs are increasing the interest in leasing in the manufacturing sector with each passing day. This is a much more profitable operation for companies. Moreover, the rental also allows the use of new and more technological machines. In addition, companies set off the maintenance, service, spare parts. It can also record the rental cost as an ‘expense”.
Renting technology grows all companies healthy
The differences between leasing and operational renting can be explained as follows: Let’s assume that you bought a CNC machine. While your monthly leasing rent is 1250 Euros, you pay approximately 1,000 Euros in installments. This provides you a 25 percent advantage. You will add a maintenance cost of 500 Euros per year to the rent paid at 1250 Euros and you will be responsible for any possible accidents. All the liability that may arise when you rent the technology belongs to the company you rent the machine. The most important contribution to the balance sheet is that while 10 percent of a 4-year Leasing can be recorded as expense, in technology renting, the entire rent can be recorded as expense. This gives you a 22% Corporate Tax advantage for you every year. And there are other risks. Let’s assume that you got the project but things went wrong. In leasing, you must pay even if your machine fails to work. You have the option of returning or even replacing the machine in renting. Nowadays, it is difficult to get credit, the leasing line shows you the debtor on your balance sheet and consumes your credit limit and increases your cost. You do not appear in debt because you are a renter. In today’s conditions, whichever way you look at it, renting for a business grows the company healthy.
They renew and maintain technology timely
Problems are experienced in financing and technology renewal issues in Turkey, the same applies to machine maintenance… However, the technology rental model eliminates such problems. This model which minimizes maintenance losses of rental companies is especially beneficial for industrialists who engage in business on a project basis, who have to renew their technology at certain times, who do not want to carry second-hand machinery and insurance risks and who need working capital. ‘Technology Rental’ model does not require down payment, rent bills can be used as expenses, costs can be planned, insurance and second-hand risks are moved out of the company. There are opportunities such as supplying the machine according to the needs and standards, periodic machine maintenance, operator training with low maintenance cost, production technology support, performance measurement and technology renewal flexibility. While rent starts with machine installation; installation and transportation expenses, periodical maintenances, machine breakage insurance, service expenses are offered as ‘including to rent”. If we emphasize that the time of technology change has decreased to 5-7 years, especially in international competition, the supplier industry has to renew its technology at shorter intervals, it is evident that the renting model offers brands the opportunity to renew technology without the need for capital and increases competitiveness.