For those businesses that qualify for it, acquiring CCTV and other capital equipment on a lease basis can make good business sense (ask any accountant). Here are a few of the reasons why you may want to consider acquiring your next CCTV system on a business lease:
Improved cash flow - Instead of one larger payment, the cost of the acquisition is spread over a number of smaller regular payments. Try to remember that you do not make / save money from the ownership of equipment but rather from the use of it.
Cost efficient – in many cases, the financial benefit of having a CCTV system is significantly greater than its monthly cost (which effectively makes it free).
Tax benefits - Leasing payments may be offset against tax.
Fixed payments - Payments are fixed for the term of the contract. Customers are protected from changing interest rates, enabling accurate budgeting and cash flow projections.
Immediate access – your business can benefit from much needed equipment now. There is no need to wait until funds are available.
If you are a Limited company and have been trading for over 3 years, then there is a strong chance that your business will qualify.