Grenke Operational Rental

Rent your equipment with Grenke!

Company Gardens and Terraces

The operating lease service guarantees effective planning and high flexibility. The rental of goods and equipment for your business is the right solution to always have the right tools.

At the expiry of the contract period, you can decide whether to conclude the rental and return the goods, whether to extend the contract and continue to use the goods or whether to replace them with a new agreement.

As a user of the rented goods, you can exercise all warranty rights (both from the reseller and from the manufacturer).

It is intended for small and medium-sized enterprises, which are looking for a flexible solution commensurate with the normal useful life of the instruments, allowing easy technological renewal and counteracting the obsolescence of company assets.

Who is the Operating Lease intended for?

It is intended for small and medium-sized enterprises, freelancers and associated firms, partnerships (individual companies, snc, sas), joint-stock companies (SpA, srl), organizations and associations, looking for a flexible solution commensurate with the normal useful life of tools, allowing easy technological renewal and counteracting the obsolescence of company assets.

It is not intended for private consumers.

Company Gardens and Terraces

What can you rent with Grenke?

Why is leasing advantageous?

Liquidity and financial benefit unlike the purchase, thanks to the installments the customer can conserve capital and maintain credit margins with the bank and suppliers. Since it is not considered a financial transaction, it does not affect bank credit lines and has no impact on the credit center.

Simple management and tax benefit

The assets do not have to be depreciated in the balance sheet, as the royalties are considered a service. The fees are fully deductible and no additional taxes are paid (such as IRAP)

Security in planning

The fees are fixed and unchanged for the entire duration of the contract, with SEPA automated payments and no collection costs.

Always up-to-date technology

The IT technology sector evolves rapidly and continuous updating erodes liquidity, stipulating a contract commensurate with the life of the asset allows adaptation to new needs with excellent benefits for the company.

Company Gardens and Terraces

What interest rate is applied to rental fees?

Since it is not a purchase and therefore a real financial one, the interests are not terminated by TAN and APR, even if there is an interest rate proportional to the amount of the leased goods.

Why should a customer choose leasing?

Because for a company, the purchase implies an immediate and total disbursement of the cost of the asset, with a tax recovery spread over the years, burdened by the IRAP tax. With the lease, the customer pays fees, considered a service, thus obtaining the maximum tax benefit and the deferment of the disbursement of money over time.

From what amount can you access Grenke's solutions?

With Grenke, leasing is already possible from a purchase price of 500 euros, thus allowing you to make even small investments.

Is a rental request approved for a customer who already submits reports in the databases?

However, the final assessment is up to the Credit Center Grenke, it is an assessment that is made on each individual case, according to different evaluation criteria. Of course it depends on the severity of the reports.

Customer: why was my rental request rejected?

The Grenke Credit Center evaluates a rental request at 360°, evaluating various parameters, therefore the reasons can be varied. In any case, since the determination remains reserved exclusively for Grenke's assessment, the reasons will not be disclosed.

Customer: is there a right of withdrawal in the Operating Lease?

Withdrawal is not envisaged, since it is a contractual relationship concerning the operational lease of movable instrumental assets stipulated between subjects who operate in the context of a professional or business activity and not between/with "consumer" subjects.

Company Gardens and Terraces

What happens at the end of the contract?

At the end of the lease term and without the need for an express request or intimation, the customer must return the material to Grenke at his own expense. In case of late return, the customer will have to continue to pay Grenke Lease, by way of compensation, the amounts that will be calculated on the basis of the billing periods agreed and foreseen by the contract conditions, until the actual return of the Material.

This indemnity will be automatically invoiced and charged. The customer has the right to ask Grenke to extend the lease by making a specific request with at least 30 days' notice of the expiry of the contract.

The costs of the contract

How can the customer pay the fees, pay the invoices?

All invoices will be paid by SEPA direct debit. SEPA Debit is free and there are no additional collection fees. The customer must communicate his IBAN for the debit of the fees when signing the lease request to allow Grenke to carry out the necessary checks.

When are the invoices debited from the current account?

Within the third week from the invoice date. As an indication, the fees are charged between the 15th and 30th of each month.

There are no investigation costs charged to the customer and no pre-lease fees are applied.

The insurance in the lease

Why is insurance compulsory?

Because being the property of the asset belongs to Grenke, to protect both the customer and Grenke it is mandatory that the asset is covered by insurance.

Company Gardens and Terraces

What does the insurance policy applied to the rented goods cover?

The policy is ALL-RISK (theft, fire, electrical/electronic damage, accidental damage, etc.).

How much, when and how do I pay the insurance coverage for the assets covered by the lease?

The amount is established on the basis of the type of asset and value. The annual cost is indicated in the estimate. At the beginning of each year, in January, the customer receives the invoice relating to the annual cost of the insurance coverage debited from the current account with SEPA debit. At the beginning of each contract, Grenke issues an invoice for the insurance cost with SEPA debit with a deadline of 45 days. From the date of issue of the invoice thus leaving the time for the customer to provide the documents of any insurance on his own. Any insurance must be promptly sent to Grenke together with an Insurance Indemnity no later than 30 days from the invoicing of the contract. Any documentation must be sent via email to

Customer: if I start the contract and the good doesn't work?

It depends on the nature of the malfunction. In any case, the customer must promptly notify and proceed if necessary by sending the goods to the assistance center for repair or replacement as the goods are covered by the manufacturer's warranty for the first 12 months. The customer is also required to notify Grenke who will take steps to verify any intervention by the insurance coverage.

Customer: if the good is broken or stolen?

The customer is required to ensure the proper use/functioning of the goods. It is advisable to report the accident/theft to Grenke within 3 days of the event. Grenke will activate to provide cover