Equipment Maintenance | Nexgen

Your Rental / Lease agreement acts as your monthly tax invoice for the duration of the term.

To receive another copy, please email billing@nexgen.com.au



Email billing@nexgen.com.au for a new Direct Debit form. Once completed and signed, the details will be updated for all future monthly debits.



Contact our team who will discuss the process should you wish to terminate your equipment contract early. Termination of your Rental Agreement or Lease Agreement will comprise of the fixed monthly rental payment multiplied by the remaining term, plus any fees charges and arrears, if any. For an accurate amount, and to discuss your intention to terminate, please contact our billing team on either billing@nexgen.com.au, or 1300 02 04 02.



Nexgen can assist with the Novation of an existing Equipment Contract. Contact us at billing@nexgen.com.au and our team will discuss the process of transferring the contract.

*Please note that the application by the new entity is subject to credit approval, and the current applicant will remain responsible for all obligations to this contract until such time that the Novation has been successfully completed.



Its likely that at this point you have been contacted by one of our account managers to discuss your end of term options.

At the end of the rental you have the option to buy the equipment at an agreed price, return it, renew your existing agreement, or start a new one with new products. You can also upgrade during the term of the agreement.

Our dedicated account managers provide a thorough analysis of your existing agreements and cater a customised solution for your changing business needs.

To speak to our team, contact billing@nexgen.com.au, who will assist with arranging an obligation free face to face meeting.



An equipment rental agreement means:

  • No depreciating assets on your balance sheet
  • No capital outlay: easy on your cash flow
  • Payments are typically 100% tax-deductible
  • Flexible terms: 24-60 months
  • Simple & easy approval process

An Equipment Rental is great for equipment that becomes obsolete fast. It’s a smart way to avoid being stuck with a product that has depreciated in value by the time you decide to replace it.

When you rent you are paying to use, rather than own the equipment. There’s no initial outlay, so you preserve your funds for rainy days or other investments. You can also deduct your repayments as operating costs.

To speak to our team, contact billing@nexgen.com.au, who will assist with arranging an obligation free face to face meeting.



A Rental Agreement is a fixed payment obligation, therefore once you are approved and your Rental Agreement begins, the rental payments will be fixed throughout the term.



The rental instalments are payable monthly depending on the payment period in your Rental Agreement. The rental payments are shown inclusive and exclusive of GST. As rental payments are a fully deductible operating expense you may be entitled to a tax deduction and or an input tax credit (confirm with your independent tax advisor).



As the operator of the equipment, you will typically retain and bear the risk of accidental loss or damage to the equipment anywhere in Australia. You should always maintain insurance for the equipment to protect against the risk of accidental loss or damage to the equipment.



You can contact Nexgen and provide us with the details of the new equipment you are looking to upgrade to and we can assist in rolling some or all your existing rental obligations into a new Rental Agreement. The proposed term of the new rental together with where you are at with your existing Rental Agreement will determine what your new rental payment will be.

To speak to our team, contact billing@nexgen.com.au, who will assist with arranging an obligation free face to face meeting.



Equipment Rental Agreements are available to all businesses, including sole traders with a registered ABN who will be using the equipment for business purposes only. Contact our team on 1300 02 04 02 to arrange for one of our specialists to meet with you face to face, obligation free.



If you are having difficulties meeting your payment obligations, please contact the Nexgen Equipment Rentals team on 1300 763 738 to discuss your options.



Your Rental / Lease agreement acts as your monthly tax invoice for the duration of the term.

To receive another copy, please email billing@nexgen.com.au



Email billing@nexgen.com.au for a new Direct Debit form. Once completed and signed, the details will be updated for all future monthly debits.



Contact our team who will discuss the process should you wish to terminate your equipment contract early. Termination of your Rental Agreement or Lease Agreement will comprise of the fixed monthly rental payment multiplied by the remaining term, plus any fees charges and arrears, if any, plus the residual amount.

For an accurate amount, and to discuss your intention to terminate, please contact our billing team on either billing@nexgen.com.au, or 1300 02 04 02.



Nexgen can assist with the Novation of an existing Equipment Contract. Contact us at billing@nexgen.com.au and our team will discuss the process of transferring the contract.

*Please note that the application by the new entity is subject to credit approval, and the current applicant will remain responsible for all obligations to this contract until such time that the Novation has been successfully completed.



It’s likely that at this point you have been contacted by one of our account managers to discuss your end of term options.

Nexgen offers the ability to Upgrade and Renew your contract; provide notice and terminate your contract at expiry and return or purchase the equipment; and lastly, continue month to month.

Our dedicated account managers provide a thorough analysis of your existing agreements and cater a customised solution for your changing business needs.

To speak to our team, contact billing@nexgen.com.au, who will assist with arranging an obligation free face to face meeting.



An Equipment Lease means:

  • No capital outlay: easy on your cash flow
  • Payments are typically 100% tax-deductible
  • Flexible terms: 24-60 months
  • Certainty around end-of-term costs
  • Simple & easy approval process

A finance lease is where we purchase the goods for you as the financier, then you pay monthly for their use. You have the security of predictable monthly payments and a known residual (residual/balloon) at the end of the term.

This agreement is a lot like rental, except you have certainty around the residual value at the end of the contract term. It’s a great option for products that don't depreciate too fast and have a longer life.

To speak to our team, contact billing@nexgen.com.au, who will assist with arranging an obligation free face to face meeting.



The lease instalments are payable monthly depending on the payment period in your Lease Agreement. The Lease payments are shown inclusive and exclusive of GST. As lease payments are a fully deductible operating expense you may be entitled to a tax deduction and or an input tax credit (confirm with your independent tax advisor).



As the operator of the equipment, you will typically retain and bear the risk of accidental loss or damage to the equipment anywhere in Australia. You should always maintain insurance for the equipment to protect against the risk of accidental loss or damage to the equipment.



You can contact Nexgen and provide us with the details of the new equipment you are looking to upgrade to and we can assist in rolling some or all your existing lease obligations into a new Lease or Rental Agreement. The proposed term of the new rental or lease together with where you are at with your existing Lease Agreement will determine what your new monthly payment will be.



Equipment Lease Agreements are available to all businesses, including sole traders with a registered ABN who will be using the equipment for business purposes only. Contact our team on 1300 02 04 02 to arrange for one of our specialists to meet with you face to face, obligation free.



If you are having difficulties meeting your payment obligations, please contact the Nexgen Equipment Rentals team on 1300 763 738 to discuss your options.