“If it appreciates, buy it. If it depreciates, lease it.”
While times have changed, the basic logic still holds true and leasing your security systems can offer several benefits.
The outright purchase cost of security systems can sometimes make business owners feel reluctant to buying, due to the impact it has on cash flow and the potential requirement to source external funding. These concerns often result in businesses opting for cheaper and less sustainable security equipment.
To prevent this from happening we offer a lease rental option, which can provide a more affordable alternative to obtaining high-end security systems. Paying smaller instalments over a specified period is good for future budgeting and is an attractive proposition to any business owner.
One of the biggest incentives of leasing security equipment is the fact that your working capital can be preserved and put to use for other business activities. The lease payments you make are also deductible against corporation tax and don’t appear as a debt against your company.
Is it worth owning?
It may not make sense for your businesses to pay outright, especially when the equipment will depreciate and inevitably become outdated. A lease rental agreement allows you to have the latest technologies, with all of the benefits and advanced capabilities. Whereas with an outright purchase budget constraints may lead you to compromise system functionality. The lease rental can also include a fixed priced maintenance agreement for the duration of the contract.
At the end of the lease period, the equipment can be upgraded to the latest technology with a new lease agreement or for a small additional payment the equipment can be retained.