LEASING FACILITIES
The option
to lease a system can spread the cost and often provide tax
advantages over outright purchase.
Leasing can
provide a means of spreading the cost of a new system. For C.C.T.V.
and PulseSecureTM
perimeter security, Owl Security automatically quote for both
outright purchase and leasing (as a guide) over either a three or
five year period. At the end of the term the system can be purchased
for a nominal amount which normally equates to 5% of the original
purchase price.
Leasing is
subject to acceptance by the leasing company and the figures we quote
might vary slightly depending on the length of time in business and
financial status.
We do not
take any commission from the leasing company which means we can offer
a lower rate to our customers.
BEWARE!
Before you
sign a leasing agreement, check what happens at the end of the
leasing term. Five years might seem like a long way ahead but time
soon passes and to discover that you have to negotiate a new lease or
lose your system could be quite a blow. Usually what happens is the
leasing company passes title of the goods to the supplier for a
nominal amount and the supplier can either pass the title on or
retain it for themselves. Some suppliers use this opportunity to
introduce a new lease (money for nothing!) thus the lease payments
are never ending and could prove very costly. Always ask for
the outright purchase price before you commit to a lease.