Finance Options
CCTV
installations can be financed in a variety of ways. Most frequent are:
Our experience has shown that cash on completion and rental finance are the most popular settlement
methods - often dependent on the particular circumstances of the new owner.
Cash settlements have the advantage of a once off payment and no further monthly running
costs. This advantage is offset by the disadvantage of tying up working capital which could often be
put to better use in value added processes.
This is one of the reasons why rental finance is often the settlement option chosen. Some of the
advantages are listed below:
- Working capital is retained - and can be better used in value added processes or inventory
development.
- The rental payments can be structured to fit into operating budgets or allowances and do not need to rely
on capital Expenditure Budgets.
- The monthly rental payment is tax deductible as an operating cost.
- Rentals are reflected as off balance sheet financing - which can have a positive effect on balance sheet
ratios.
- Renting the system offers convenient upgrade and replacement options.
A disadvantage of renting the cctv system has been that ownership is never attained. We have arrangements
with out finance partners that ownership can be transferred if required. This option allows the convenience of
renting and the security of ownership at the end of the rental period if required. Coupled with this benefit
is an attractive monthly rental compared to the market norm.
More details on this can be provided on an individual basis. Please contact us for details
|