Grenke Operational Rental

Rent your equipment with Grenke!

Gardens and Terraces company

The operational leasing service guarantees you effective planning and high flexibility. Rental of goods and equipment for your business is the right solution to always have the right tools.

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

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

It is intended for small and medium-sized businesses, which are looking for a flexible solution commensurate with the normal useful life of the tools, easily allowing technological renewal and combating the obsolescence of company assets.

Who is Operational Rental intended for?

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

It is not intended for private consumers.

Gardens and Terraces company

What can you rent with Grenke?

Why is leasing advantageous?

Liquidity and financial benefit unlike purchasing, thanks to the fees the customer can conserve capital and maintain credit margins towards the bank and suppliers. Since it is not considered a financial operation, it does not affect bank credit lines and does not impact the risk centre.

Simple management and tax benefit

The assets do not have to be depreciated in the balance sheet, since the fees 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 automated SEPA payments and no collection costs.

Always updated 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 advantages for the company.

Gardens and Terraces company

What interest rate applies to rental payments?

Since it is not a purchase and therefore a real finance company, the interests are not limited to the TAN and APR, even if there is an interest rate proportional to the amount of the rented goods.

Why should a customer choose rental?

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

From what amount is it possible to access Grenke's solutions?

With Grenke, leasing is possible starting 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 has reports in the databases?

However, the final evaluation is up to the Grenke Credit Center, it is an evaluation that is made on each individual practice, 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 exclusively reserved for Grenke's evaluation, the reasons will not be communicated.

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

Withdrawal is not foreseen, as it is a contractual relationship concerning the operational leasing of instrumental movable assets stipulated between subjects operating in the guise of a professional or business activity and not between/with "consumer" subjects.

Gardens and Terraces company

What happens at the end of the contract?

At the end of the rental period and without the need for an express request or intimation, the customer must return the material to Grenke at his own expense and expense. In the event of a delay in the return, the customer must continue to pay Grenke Locazione, as compensation, the amounts which will be calculated on the basis of the agreed billing periods and foreseen by the contract conditions, until the actual return of the Material.

This allowance will be automatically invoiced and debited. 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 itself.

The costs of the contract

How can the customer pay the fees and 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 their IBAN for charging the fees when signing the rental request to allow Grenke to carry out the necessary checks.

When are invoices debited from the current account?

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

There are no preliminary costs to be paid by the customer and no pre-leasing fees are applied.

Insurance in the rental contract

Why is insurance mandatory?

Because since the ownership of the good is in the hands of Grenke, to protect both the customer and Grenke it is mandatory that the good is covered by insurance.

Gardens and Terraces company

What does the insurance policy applied to rented goods cover?

The policy is ALL-RISK (theft, fire, damage to readers/electronics, accidental damage, etc.).

How much, when and how do I pay for the insurance coverage for the goods covered by the rental contract?

The amount is established based on the type of asset and value. The annual cost is indicated in the estimate. At the beginning of each year, in the month of January, the customer receives the invoice relating to the annual cost of insurance coverage debited to a current account with SEPA debit. At the beginning of each contract Grenke issues an invoice for the insurance cost with SEPA debit expiring in 45 days. From the date of issue of the invoice, thus giving the customer time to provide the documents for any insurance on their 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: What 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 with sending the goods to the assistance center for repair or possible 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 action to verify any intervention of the insurance coverage.

Customer: what if the goods break or are stolen?

The customer is responsible for the good use/functioning of the goods. It is advisable to file an accident/theft report with Grenke within 3 days of the event. Grenke will take action to ensure coverage