LEASING
Leasing Facilities
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 over either a three or five year period. At the end of the term the system can be purchased for a nominal amount which equates to 5% of the original purchase price.
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.