CCTV Leasing
Upgrading your security systems can be costly. One effective way to manage this expense is to explore Lease Financing options. At Closed Circuit Security Ltd, we have partnered with Tower Leasing for over a decade to offer flexible financing solutions tailored to your business needs.
Best cctv finance
If you’re considering enhancing your security setup but prefer a payment structure that spreads out the cost, Lease Financing could be the ideal choice. Many businesses favor this option because it’s tax-deductible, unlike upfront cash purchases, and allows you to distribute the expense over several months. A well-designed security system addresses security concerns and enhances health, safety, and operational efficiency. With our “Remote View” software, you can monitor your security cameras from anywhere globally, ensuring you maintain control at all times.
Leasing vs. Buying:
What’s the Difference?
Leasing equipment for your business can offer substantial tax benefits. Below is an illustration of the tax savings you can achieve by leasing rather than purchasing outright.
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Tax Savings
Equipment Cost: £7,500 Lease Period: 3 Years
Frequency: Quarterly
Company Tax Rate: 19%
Total Tax Relief
£639.30
| Year | Capital Allowances | Tax Relief | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 18% of £7,500 = £1,350 | Less 19% = £256.50 | |||||||||||||||
| 2 | 18% of £6,150 = £1,107 | Less 19% = £210.33 | |||||||||||||||
| 3 | 18% of £5,043 = £907.74 | Less 19% = £172.47 | |||||||||||||||
 Lease Rental Total Tax Relief 1,752.75Total Tax Relief: £639.30
| |||||||||||||||||
By choosing to lease, the company has saved £1,113.45 in tax relief
*Illustrative and appropriate to current levels of taxation.
Advantages of CCTV Leasing
Many businesses choose to lease over cash or bank financing for various reasons, including:
- Preserve Cash Flow: Keep cash within the business instead of spending it on a depreciating asset.
- Immediate Access to Equipment: Acquire the necessary equipment when needed without waiting for budget availability.
- Tax Benefits: Lease payments are tax-deductible, offering advantages over cash payments.
- Stay Current with Technology: Upgrade your equipment during the lease term to stay up-to-date.
- Flexible Payments: Tailor your lease payments to align with your financial needs.
- Protect Credit Lines: Use leasing as an alternative funding method to preserve existing credit lines.
- Match Costs with Benefits: Align the cost of the purchase with the return on investment.
- Spread VAT Costs: Distribute the VAT cost over the lease period instead of paying it upfront.
The Lease Process: A Step-by-Step Guide
Step 1: Lease Quote We will provide a quote with set monthly or quarterly payments over a term of 2, 3, 4, or 5 years. You can select the term that best fits your budget.
Step 2: Credit Approval Once you decide to move forward, we will manage the credit approval and administrative process through our partner, Tower Leasing. After your business receives credit approval, you’ll receive the lease agreement.
Step 3: Agreement and Installation Review and sign the leasing agreement and return it to Tower Leasing. Once they receive it, we’ll be notified and will schedule your equipment installation. After installation, you’ll sign a completion document, enabling Tower Leasing to release the funds to us.
Step 4: Lease Activation Your lease agreement becomes active, and you’ll start making the agreed-upon monthly or quarterly payments for the selected term.
CCTV Pay Monthly
How CCTV Pay Monthly Works
CCTV Pay Monthly is a flexible payment solution that allows businesses to spread the cost of their CCTV system over a fixed period, typically ranging from 12 to 60 months. Instead of making a large upfront payment, you pay a manageable monthly fee, which includes the cost of the equipment, installation, and maintenance.
Here’s how it works:
- Initial Consultation: We assess your security needs and provide a tailored CCTV solution.
- Quotation: You receive a detailed quote outlining the monthly payment options.
- Approval: Once you choose a payment plan that suits your budget, we’ll handle the credit approval process.
- Installation: After approval, our team installs your CCTV system.
- Monthly Payments: You begin making regular monthly payments, which include all aspects of the service—no hidden fees.
This option helps businesses manage cash flow effectively while ensuring access to the latest security technology.
Financing Solutions from Closed Circuit Security Ltd
We offer tailored financial solutions to help businesses manage the costs of acquiring state-of-the-art security systems. Whether you lease or buy, we aim to ensure you have the best security system while managing your financial resources effectively.
To Find Out More, Call Closed Circuit Security At 01244 534453