I have never used Rentsmart.

However, I ran a small Restaurant from 1980 until 2005, on a 25 year Lease. Shortly after Taking over the Restaurant, the Company I had Contracted to handle the makeover went bankrupt, with my deposit of 50% of the cost of that Makeover in their Bank Account. All my available Funds.

My Bankers were very understanding, but I had to Lease or throw in the sponge. Over the years I have Leased many types of Kit. Refrigerators, Cookers (a High Tec Cooker can cost up to £3,000.00 these days), Furniture, Vans, Computers & Software Systems.

At the end of the first Leasing Period (Kitchen Equipment) I got quite a shock, regarding the exact Terms and Conditions, which I hadn't really understood, but was advised to send the stuff back, or threaten to, anyway. This I did and their Termination Fee (or whatever you wish to call it started tumbling.

Over the years, one month's Rental appeared to be the figure most of the Companies, I used, were prepared to settle for, but all started from a much higher figure.

There are Tax Advantages to be had from Leasing. You should discuss the possibilities with your Accountant. If you haven't got one ~ Get one asap.

If I remember rightly, to ensure that you do not negate these Tax advantages, you are not allowed to buy the item from the Leasing Company. They have to sell it to a Third Party and you buy it from that Third Party. This is a purely Paper Exercises and they will try to recover sufficient, form you, to cover their Costs on the Transaction.

In general, the last thing they want is a, whatever it is, arriving on their doorstep. It will cost them a fortune to [prepare for Market and Sell, probably much more than it's market value.