This piece was written and provided by FTMA Strategic Partner, Vekta Automation.
To Buy or not to Buy?
That is the question.
The answer: Don’t buy, LEASE!
Boosting productivity, cutting costs, and achieving growth are constant priorities for every frame and truss manufacturer. Given this, it’s no surprise that the latest in automation technology offers an enticing and powerful solution to these desires.
A recent Xero One Step report¹ found that small businesses which readily adopt new technology enjoy on average 120% higher revenue and 106% higher productivity than those which fail to do so. But what good are these figures if the technology is financially out of reach?
To reinforce this idea of inaccessibility, One Step’s report observed that many Australian businesses, despite being reasonably excited about new technology, seem stuck in a ‘wait and see’ mode and ‘struggle with a crisis of confidence’ when adopting drastic technology improvements.
At Vekta Automation, we understand that overcoming that significant upfront investment and the safety of risk aversion can be major hurdles. That’s why we’ve pioneered Vekta Hire, an innovative, flexible, in-house, hire agreement designed to make our cutting-edge equipment accessible without the traditional financial burden, empowering your business to thrive.
Through a hire agreement, frame and truss manufacturers can access Vekta’s entire range of automation for a flat monthly fee, which includes the equipment itself, comprehensive technical support, all necessary servicing, and timely future-proofing software upgrades.
Automation Adoption Made Easy
Stepping into the future of manufacturing doesn’t have to be a high-stakes gamble. Vekta Hire removes the barrier of overwhelming capital expenditure, getting manufacturers out of the ‘wait and see’ mode and experiencing the tangible benefits of Vekta’s automation solutions firsthand. Integrating groundbreaking technology into a more efficient workflow benefits your bottom line and without a significant initial investment – benefits your cashflow.
Furthermore, business needs change, and technology advances rapidly. Compared to more rigid systems, Vekta’s range of equipment is highly modular and adaptable, making it easier to adjust to your evolving needs.
Complete Transparency – No Hidden Costs:
We have all been there before — you receive a quote; you think you are getting a great deal only for it to be altered after acceptance to include all those little things that were purposefully omitted by the company — it always feels a bit dishonest.
Vekta believes in clear and honest partnerships. Our hire agreements come with no hidden costs or penalties. The flat monthly fee includes shipping, installation, training and machinery servicing for the entire length of your leasing period.
Accurate cost predictability offers you better long-term financial forecasting and a savvy way to fight inflation. Plus, with Vekta, you’re not locked in with a particular nail plate provider, giving you even greater operational freedom.
This cost forecasting provides vital financial flexibility for navigating economic uncertainties and seizing new opportunities by preserving your precious funds instead of tying it to a large capital expenditure. A hire agreement directly through Vekta can offer tailored payment terms that help to solve your specific near and long-term challenges. This means you set the amount for initial deposit and final payment before the contract has even been signed, you know exactly what you are paying each month, and this can be tailored to suit you specifically.
Contracts can be paid in full at any time with no extra cost, meaning as your business grows and produces more with the help of automated solutions you can put more money towards them, transferring from lease to ownership in a much shorter time.
Hire payments are often fully tax-deductible as an operational expense (seek independent financial advice). This offers an advantageous tax possibility compared to the limitations of deducting only the interest on loan repayments for purchased equipment, making it a smart financial strategy for your business.
Wrapping Up:
For small to medium-sized businesses seeking to unlock their growth potential without the traditional capital expenditure, a Vekta Hire in-house hire agreement offers a smart, flexible, and cost-effective solution.
Experience the benefits of cutting-edge automation across our entire product range, enjoy increased efficiency, financial and system flexibility, while taking advantage of our comprehensive support and transparent pricing.
Business owners need to take back the power over their assets and have access to the technology they need to continue to be competitive. If you don’t want to be stuck in ‘wait and see’ mode or continue to ‘struggle with a crisis of confidence’ then contact the Vekta team today to explore how our innovative hiring solutions can provide the nudge your business needs to thrive.
Xero. (2024, October 26). Behavioral research by Xero uncovers barriers for US small businesses. Retrieved April 28, 2025, from https://www.xero.com/au/media-releases/behavioral-research-by-xero-uncovers-barriers-for-us-small-businesses/
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