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.